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Great Wall Motor, Baidu upgrade cooperation on IoV technology
Great Wall Motor, Baidu upgrade cooperation on IoV technology

GWM and Internet giant Baidu signed another strategic cooperation agreement on October 26 focusing on developing Internet of Vehicles (IoV) services in order to accelerate the application of IoV technologies in China.

Oct. 29 , 2018
WEY CEO leaves Great Wall Motor for family reason
WEY CEO leaves Great Wall Motor for family reason

Chinese automaker Great Wall Motor (GWM) confirmed that Jens Steingraeber, CEO of WEY brand, has resigned from the company for taking care of his ailing family member and will no longer hold any position in GWM.

Oct. 29 , 2018
Great Wall Motor Q3 profit nearly halved amid China SUV sales cooling
Great Wall Motor Q3 profit nearly halved amid China SUV sales cooling

Great Wall's revenue in the third quarter fell 19% from a year ago to RMB 17.966 billion. Its net profit attributable to the shareholders of the listed company nearly halved to RMB 231 million compared with the same period last year.

Oct. 29 , 2018
Lotus Cars sets up R&D center in Ningbo, said to roll out NEV models in China
Lotus Cars sets up R&D center in Ningbo, said to roll out NEV models in China

Lotus Cars sets up an engineering unit in Hangzhou and a R&D center in Ningbo of China’s Zhejiang Province to support the global development of new Lotus models by utilizing Geely’s abundant resources, according to local media.

Oct. 26 , 2018
Faraday Future says "victory" over financing issue against Evergrande while limited by strict conditions
Faraday Future says "victory" over financing issue against Evergrande while limited by strict conditions

Faraday Future (FF) announced today that it made a “desicive victory” over the application for emergency relief against Evergrande Health submitted to Hong Kong International Arbitration Centre.

Oct. 25 , 2018