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EV startup WM Motor to build autonomous driving tech hub in Sichuan
EV startup WM Motor to build autonomous driving tech hub in Sichuan

WM Motor plans to establish an autonomous driving technology hub in Mianyang, Sichuan Province, to form a closed loop that covers the entire process from R&D to mass production and speed up the mass production of autonomous driving R&D achievements,

Mar. 28 , 2019
BAIC Motor, Daimler increase registered capital of Beijing Benz with $892.8 million
BAIC Motor, Daimler increase registered capital of Beijing Benz with $892.8 million

BAIC Motor, Daimler AG and Daimler Greater China Ltd. (DGRC), agreed on March 26 to make further capital contributions with a total of $892,837,903 based on their respective proportion in the current registered capital of Beijing Benz.

Mar. 27 , 2019
FAW Group, Siemens agree strategic cooperation to build digital plant for Hongqi
FAW Group, Siemens agree strategic cooperation to build digital plant for Hongqi

FAW Group and Siemens signed a strategic cooperation agreement on March 25 to build an advanced digital plant for Hongqi, a premium car brand owned by the China’s state-owned automaker.

Mar. 27 , 2019
Self-driving startup Momenta ready to launch fully automated driving solution in Q3
Self-driving startup Momenta ready to launch fully automated driving solution in Q3

Momenta plans to launch fully automated driving solutions in the third quarter of 2019, Cao Xudong, CEO of the startup announced on March 25 at a conference that celebrated the inauguration of its Suzhou headquarters.

Mar. 26 , 2019
BYD partners with Huawei for ICV, autonomous driving, smart monorail
BYD partners with Huawei for ICV, autonomous driving, smart monorail

On March 25,BYD signed a strategic cooperation agreement with Huawei, to co-boost the innovation of automobile and rail transit, and digital transformation of automotive industry.

Mar. 26 , 2019
Startup Dearcc’s Enovate starts construction of NEV base with RMB5.1 bln invested
Startup Dearcc’s Enovate starts construction of NEV base with RMB5.1 bln invested

Enovate, the premium car brand founded by Chinese EV startup Dearcc, officially commenced the construction of its new energy vehicle (NEV) on March 20, according to local media outlets.

Mar. 25 , 2019