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Volkswagen to promote e-mobility offensive in China by building new partnership with FAW
Volkswagen to promote e-mobility offensive in China by building new partnership with FAW

Volkswagen Group China signed letters of intent with Chinese state-owned automaker FAW Group and China Intelligent and Connected Vehicles (Beijing) Research Institute Co. Ltd on July 10 during the state visit of Chinese Premier Li Keqiang to Belin.

Jul. 11 , 2018
118th partner, BMW joins Baidu Apollo to serve China market
118th partner, BMW joins Baidu Apollo to serve China market

German premium automaker BMW Group and Chinese Internet giant Baidu signed a Memorandum of Understanding (MoU) on July 10, under which the BMW Group will join the Apollo, Baidu’s open autonomous driving platform.

Jul. 10 , 2018
BMW, GWM sign contract on JV operation
BMW, GWM sign contract on JV operation

In the presence of China’s Prime Minister Li Keqiang and Germany’s Chancellor Angela Merkel, BMW (Netherland) Holding Ltd. (BMW) awarded a contract on joint venture (JV) operation with China’s Great Wall Motor (GWM) on July 10.

Jul. 10 , 2018
Geely Auto H1 sales leap 44% YoY, completing 49% of 2018 sales goal
Geely Auto H1 sales leap 44% YoY, completing 49% of 2018 sales goal

Geely Auto delivered 128,449 vehicles (including the Lynk & Co) in June, leaping 45% year on year. In the first half of 2018, its year-to-date deliveries surged 44% from a year ago to 766,630 units.

Jul. 9 , 2018
Alibaba-backed Banma unveils AR-Driving tech, forms On-Line Service Alliance
Alibaba-backed Banma unveils AR-Driving tech, forms On-Line Service Alliance

On July 6, Banma, an ICV integral solution provider co-built by SAIC Group and Alibaba Group, unveiled the AR-Driving technology and announced the establishment of the On-line Service Alliance (OSA) set up with many automobile service providers.

Jul. 9 , 2018
GAC Trumpchi June sales drop 14.43% year on year
GAC Trumpchi June sales drop 14.43% year on year

GAC Group announced that the company delivered a total of 178,962 vehicles in June, achieving a year-on-year growth of 4.62%. In the first half of 2018, the group's cumulative car sales reached 1,016,779 units, climbing 5.53% over the previous year.

Jul. 9 , 2018