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Tencent launches smart mobility strategy, unveils TAI in-car intelligent system
Tencent launches smart mobility strategy, unveils TAI in-car intelligent system

Tencent has currently formed a business matrix in the smart mobility domain that integrates Tencent Auto Intelligence, autonomous driving, location-based service and the QR code passenger app “Tencent Passenger Ride Code”, etc.

Nov. 1 , 2018
VW Tharu launched in China, priced from RMB 169,800
VW Tharu launched in China, priced from RMB 169,800

SAIC-VW launched a new compact SUV model ,the Tharu, with a price between RMB 169,800 and RMB 229,800.

Nov. 1 , 2018
GAC Honda to plow RMB3.27 billion into NEV assembly lines with annual capacity of 170,000 units
GAC Honda to plow RMB3.27 billion into NEV assembly lines with annual capacity of 170,000 units

Chinese automaker GAC Group announced on October 31 that it has agreed GAC Honda to invest RMB2.99 billion in building a new NEV (new energy vehicle) plant with an annual capacity of 120,000 units, according to local media.

Nov. 1 , 2018
Geely Binyue hits market on Oct.31, priced from RMB78,800 to RMB118,800
Geely Binyue hits market on Oct.31, priced from RMB78,800 to RMB118,800

The Geely Binyue, the first A-segment SUV model based on Geely Auto's brand new BMA platform, officially hits the market on October 31. Offering 5 variants in total, the new vehicle is priced from RMB78,800 to RMB118,800.

Oct. 31 , 2018
Ford Motor, Baidu to jointly test autonomous vehicles in China
Ford Motor, Baidu to jointly test autonomous vehicles in China

Ford Motor and Chinese Internet giant Baidu announced on October 31 an initiative that will make two companies jointly test autonomous vehicles in China for two years, according to Ford Motor (China) Ltd.’s official WeChat account.

Oct. 31 , 2018
SAIC Motor net profits rise 12.31% YoY for first three quarters
SAIC Motor net profits rise 12.31% YoY for first three quarters

From January to September, SAIC Motor’s revenues totaled RMB674.741 billion, climbing 10.97% over the previous year and the net profits attributable to shareholders grew 12.31% year on year (YoY) to RMB27.672 billion.

Oct. 30 , 2018