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Hangzhou authorities recently issued the Hangzhou Regulations on Intelligent and Connected Vehicles Road Testing (Trial) (hereinafter referred to as the Hangzhou Regulations), which will officially come into effect on August 20.
Aug. 1 , 2018
It is expected that profits of Beijing Benz Automotive Co., Ltd. (Beijing Benz) will exceed RMB 11 billion, which can be calculated from Daimler’s earnings in Beijing Benz.
Aug. 1 , 2018
Chinese Internet giant Baidu achieved a blooming second quarter with revenues surging 32% year on year to RMB 26 billion and net profits jumping 31% over the previous year to RMB 6.4 billion, according to the Baidu's Q2 unaudited financial results.
Aug. 1 , 2018
FAW-Volkswagen (FAW-VW)’s first SUV model the T-ROC (“Tange” in Chinese) officially hit the market on July 30. At the launch event, the automaker announced that it will roll out 5 SUV models (including the T-ROC) over the next three years.
Jul. 31 , 2018
JAC forecasted net profit of RMB 164 million from January to June, slumping 53% compared to RMB 345 million during the same period last year, according to JAC’s H1 financial forecast released on July 31.
Jul. 31 , 2018
The new YUDO π1 Pro and the new π3 Pro officially hit the market on July 29. Specifically, the YUDO π1 Pro offers two variants with price range between RMB 89,800 and RMB 96,800.
Jul. 30 , 2018