Search

China homegrown PV retail sales in March likely to shoot up 66% YoY
China homegrown PV retail sales in March likely to shoot up 66% YoY

Retail sales of China’s locally-produced PVs (referring to cars, SUVs and MPVs) are forecasted to reach roughly 1.74 million units in March, soaring 66% year on year and leaping 47.5% month on month, according to the China Passenger Car Association.

Mar. 22 , 2021
SAIC Motor’s R brand rolls out new tech brand ‘R-TECH’
SAIC Motor’s R brand rolls out new tech brand ‘R-TECH’

SAIC Motor launched on March 18 the all-new technology brand “R-TECH” to serve the vehicles under the R brand, the group’s high-end all-electric passenger vehicle marque.

Mar. 19 , 2021
Momenta draws capital from SAIC, Toyota, Bosch, others
Momenta draws capital from SAIC, Toyota, Bosch, others

Chinese autonomous driving startup Momenta announced on March 19 it has raised $500 million for its Series C funding, which is led by SAIC Motor, Toyota, Bosch, Temasek and YunFeng Capital.

Mar. 19 , 2021
DiDi Autonomous Driving, Guangzhou Huadu district ally on ICV businesses
DiDi Autonomous Driving, Guangzhou Huadu district ally on ICV businesses

DiDi Autonomous Driving recently signed an agreement with local authority of Huadu district, Guangzhou to carry out collaboration on intelligent-connected vehicle (ICV) projects, according to DiDi.

Mar. 18 , 2021
Changan Automobile’s second model of ‘UNI” car series to hit market in late March
Changan Automobile’s second model of ‘UNI” car series to hit market in late March

The Changan UNI-K, the mass-produced version of the Vision-V concept unveiled at the Auto China 2020, will hit the market on March 23, according to a local media outlet.

Mar. 18 , 2021
BYD renames Yuan EV to Yuan Pro
BYD renames Yuan EV to Yuan Pro

BYD changed the name of the Yuan EV to the Yuan Pro, the automaker announced on March 17 via its Weibo account. The refreshed model with the new name will hit the market on March 21.

Mar. 17 , 2021