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Didi marches into new energy vehicle industry
Didi marches into new energy vehicle industry

Didi has started a new JV NEV service company with the Global Energy Interconnection Development and Cooperation Organization.

Nov. 8 , 2017
Baidu, Tencent compete to be lead investor of WM Motor
Baidu, Tencent compete to be lead investor of WM Motor

WM Motor is plannning a financing round for 1billion yuan. This round of financing is led by Baidu and Tencent is striving to be another leading investor.

Nov. 8 , 2017
Zotye, Ford set up RMB 5 billion joint venture in China
Zotye, Ford set up RMB 5 billion joint venture in China

Today, Zotye signed a definitive agreement with Ford to set up a 50:50 joint venture in China.

Nov. 8 , 2017
Geely’s new plug-in hybrid model exposed
Geely’s new plug-in hybrid model exposed

Several spy photos of Geely’s new hybrid plug-in model were exposed recently. Coded as FE-5HA , the new model is built based on the Emgrand GL.

Nov. 8 , 2017
Tencent releases connected vehicle ecosystem AI in Car
Tencent releases connected vehicle ecosystem AI in Car

Tencent officially released its connected vehicle ecosystem named AI in Car and announced the first OEM partners of this ecosystem.

Nov. 8 , 2017
Geely invests RMB 1.833 billion to acquire 3 companies
Geely invests RMB 1.833 billion to acquire 3 companies

Geely invests RMB 1.833 billion to acquire 3 companies to expand its production capacity of engines and transmissions.

Nov. 8 , 2017