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ARCFOX’s first pre-production car rolls off the production line at BAIC-Magna Zhenjiang plant
ARCFOX’s first pre-production car rolls off the production line at BAIC-Magna Zhenjiang plant

On December 30, the first pre-production car under ARCFOX, a premium BEV brand of BAIC BJEV, officially rolled off the production line at the Zhenjiang plant co-founded by BAIC and Magna.

Dec. 31 , 2019
NIO Capital’s US dollar fund closes first fundraising of over $200 million
NIO Capital’s US dollar fund closes first fundraising of over $200 million

NIO Capital, an investment firm founded by leading Chinese EV maker NIO, announced on December 30 its US dollar fund (Eve ONE L.P.) has completed the first fundraising with over $200 million collected from a number of world’s leading investors.

Dec. 30 , 2019
China to launch its self-owned taxonomy about vehicle driving automation in 2020
China to launch its self-owned taxonomy about vehicle driving automation in 2020

China’s self-owned taxonomy related to driving automation for vehicles has recently approved by the National Technical Committee of Auto Standardization, and is set to be launched in 2020.

Dec. 30 , 2019
Toyota presses ahead with electrification, mobility service in China
Toyota presses ahead with electrification, mobility service in China

Toyota, the old-line automaker obviously knows that the “four trends” (electrification, intelligence, connectivity and sharing) are crucial to its long-term sustainable development in this country.

Dec. 30 , 2019
HYCAN's first production model "007" priced from RMB260,000 for presale
HYCAN's first production model "007" priced from RMB260,000 for presale

HYCAN, the EV brand launched by GAC NIO New Energy Automotive Co.,Ltd (GAC NIO), officially announced the name of its long-waited first mass-produced model.

Dec. 27 , 2019