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CAERI to pour 2.382 billion yuan in east China headquarters project
CAERI to pour 2.382 billion yuan in east China headquarters project

China Automotive Engineering Research Institute Co., Ltd. announced on July 28 its board of directors had approved to build its east China headquarters project with around 2.382 billion yuan ($353.177 million) to be invested.

Jul. 28 , 2022
Pony.ai to set up joint venture with SANY Heavy Truck
Pony.ai to set up joint venture with SANY Heavy Truck

Autonomous driving developer Pony.ai and China’s SANY Truck, announced the plan to set up a joint venture dedicated to building a high-end L4 autonomous driving heavy duty truck brand.

Jul. 28 , 2022
Innovusion launches holographic vehicle perception system
Innovusion launches holographic vehicle perception system

Leading LiDAR supplier Innovusion introduced its proprietary holographic vehicle sensing solution, the OmniSense CD2.0, at the CEIC event on July 27th.

Jul. 28 , 2022
Huawei launches Petal mobility service, kicks off preorder for AITO M5 EV
Huawei launches Petal mobility service, kicks off preorder for AITO M5 EV

Huawei-backed AITO brand kicked off the reservation of its first all-electric model, the M5 EV, with a refundable deposit of RMB1,000 upfront at Huawei’s launch event on July 27th.

Jul. 28 , 2022
Li Auto’s all-electric MPV said to be caught in spy shots
Li Auto’s all-electric MPV said to be caught in spy shots

A Weibo user today released several spy shots, saying the vehicle spotted out was likely to be Li Auto’s all-electric MPV model.

Jul. 27 , 2022
VW Group China presents prototype of eVTOL aircraft
VW Group China presents prototype of eVTOL aircraft

Volkswagen Group China today launched its first prototype of an electric vertical take-off and landing (“eVTOL”) manned aircraft, indicating a milestone in the development of fully electric and sustainable individual mobility.

Jul. 27 , 2022