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Geely-backed Cao Cao Mobility kicks off autonomous driving road tests in Hangzhou
Geely-backed Cao Cao Mobility kicks off autonomous driving road tests in Hangzhou

Cao Cao Mobility announced on August 19 its autonomous cars jointly developed with DeepRoute.ai, a Shenzhen-based full-stack self-driving solution developer, has been put into road tests and trial operation in Hangzhou.

Aug. 19 , 2020
Xpeng Motors’ affiliated company has registered capital soared 150% to 15 billion yuan
Xpeng Motors’ affiliated company has registered capital soared 150% to 15 billion yuan

Guangdong Xiaopeng Motors Technology Co.,Ltd., a wholly-owned subsidiary of XPeng (Hong Kong) Limited, has seen its registered capital surge to 15 billion yuan ($2,167,191,000) from 6 billion yuan ($866,876,400), according to Tianyancha.

Aug. 19 , 2020
British Lotus’ first SUV to be “made-in-China” at Geely’s Wuhan plant
British Lotus’ first SUV to be “made-in-China” at Geely’s Wuhan plant

Lotus Cars, a majority-owned supercar brand of Zhejiang Geely Holding Group, is going to see its first SUV model, the Lambda, put into mass production in Wuhan, capital of China’s Hubei province, according to a local media outlet.

Aug. 19 , 2020
Top 10 locally-produced car models in China by July wholesales
Top 10 locally-produced car models in China by July wholesales

Among the top 10 car models by July wholesale volume, five places were seized by the models developed by Sino-Japanese joint ventures.

Aug. 18 , 2020
Geely said to launch EV architecture in 2021
Geely said to launch EV architecture in 2021

Chinese automaker Geely will formally launch next year its EV architecture and the EV models built on the platform, according to a local media outlet, citing An Conghui, President and CEO of Geely Auto Group.

Aug. 18 , 2020
Zhengzhou rolls out new measures to spur car sales
Zhengzhou rolls out new measures to spur car sales

The municipal government of Zhengzhou issued on August 17 the policies formulated to spur automobile sales, which said buyers will be given subsidies of 5,000 yuan ($645) per car after enjoying discounts offered by complete vehicle manufacturers.

Aug. 17 , 2020