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Geely-backed Cao Cao Mobility kicks off autonomous driving road tests in Hangzhou
Geely-backed Cao Cao Mobility kicks off autonomous driving road tests in Hangzhou

Cao Cao Mobility announced on August 19 its autonomous cars jointly developed with DeepRoute.ai, a Shenzhen-based full-stack self-driving solution developer, has been put into road tests and trial operation in Hangzhou.

Aug. 19 , 2020
Xpeng Motors’ affiliated company has registered capital soared 150% to 15 billion yuan
Xpeng Motors’ affiliated company has registered capital soared 150% to 15 billion yuan

Guangdong Xiaopeng Motors Technology Co.,Ltd., a wholly-owned subsidiary of XPeng (Hong Kong) Limited, has seen its registered capital surge to 15 billion yuan ($2,167,191,000) from 6 billion yuan ($866,876,400), according to Tianyancha.

Aug. 19 , 2020
British Lotus’ first SUV to be “made-in-China” at Geely’s Wuhan plant
British Lotus’ first SUV to be “made-in-China” at Geely’s Wuhan plant

Lotus Cars, a majority-owned supercar brand of Zhejiang Geely Holding Group, is going to see its first SUV model, the Lambda, put into mass production in Wuhan, capital of China’s Hubei province, according to a local media outlet.

Aug. 19 , 2020
EV startup Xpeng Motors sets up new mobility technology subsidiary in Hangzhou
EV startup Xpeng Motors sets up new mobility technology subsidiary in Hangzhou

Guangzhou-based EV startup Xpeng Motors founded on August 14 a mobility technology subsidiary in Hangzhou, capital of Zhejiang province, according to Tianyancha, a Chinese company information search platform.

Aug. 17 , 2020
Something about GWM’s Lemon platform
Something about GWM’s Lemon platform

Lemon is a global high-intelligence modular technology platform that boasts high performance, high safety, and lightweight technology.

Aug. 17 , 2020
Geely Auto posts 43% year-on-year slump in H1 net profit
Geely Auto posts 43% year-on-year slump in H1 net profit

Geely Automobile Holdings Limited said its H1 profit attributable to the equity holders slumped 43% from a year ago to 2,296,753,000 yuan ($330,887,003).

Aug. 17 , 2020