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Beijing forecasts RMB 100 billion market value on ICV industry
Beijing forecasts RMB 100 billion market value on ICV industry

Beijing will be dedicated to building the manufacturing and service system for the ICV industry and relevant industries, whose make value will hit RMB100 billion by 2022, according to a white paper issued by the Beijing authority.

Oct. 22 , 2018
Tencent developing in-vehicle Wechat and Mini Programs
Tencent developing in-vehicle Wechat and Mini Programs

Automotive industry is one of the most important fields for Tencent’s industrial internet exploration.

Oct. 22 , 2018
Changan Automobile NEV subsidiary to bring in new investors for Mission Shangri-La
Changan Automobile NEV subsidiary to bring in new investors for Mission Shangri-La

Changan Automobile announced on October 19 that its wholly-owned subsidiary Chongqing Changan New Energy Vehicle Technology Co., Ltd. plans to bring in no less than 3 new strategy investors to accelerate the deployment of the Mission Shangri-La.

Oct. 22 , 2018
Lynk & Co 03 hits market on Oct.19, priced from RMB 116,800 for China
Lynk & Co 03 hits market on Oct.19, priced from RMB 116,800 for China

The Lynk & Co 03 that carries 1.5T 3-cylinder engine hit market on October 19 in Japan. Its price for the China's market ranges between RMB116,800 to RMB151,800 based on different variants.

Oct. 19 , 2018
CHJ LEADING IDEAL ONE unveiled on Oct.18, to hit market at the end of 2019
CHJ LEADING IDEAL ONE unveiled on Oct.18, to hit market at the end of 2019

The LEADING IDEAL ONE, the first model under the all-new intelligent EV brand “Lixiang Zhizao” (“LEADING IDEAL” for its English brand name) released by CHJ on October 10, made its official debut in Beijing on October 18.

Oct. 19 , 2018
Momenta valuation exceeds $1 billion after completes new round of financing
Momenta valuation exceeds $1 billion after completes new round of financing

China-based autonomous driving startup Momenta claimed on October 17 that it has closed a new-round financing that made the startup valued at more than $1 billion, according to local media.

Oct. 18 , 2018