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According to the China Insurance Regulatory Commission (CIRC), the so-called first-tier startups—NIO, Li Auto, WM Motor, Xpeng Motors and HOZON Auto—accounted for nearly 90% of the June insurance registrations of the Chinese startup-made NEVs.
Jul. 29 , 2020Dongfeng Motor Group Company Limited, a HK-listed company engaged in auto-related businesses, said on Jul. 27 it intends to file for an initial public offering of RMB ordinary shares and go public on the Shenzhen Stock Exchang’s ChiNext Market.
Jul. 28 , 2020German automaker BMW and Chinese Internet giant Tencent announced on July 27 that they have formed a new digital cooperation to introduce the “Tencent mini scenario” and the in-car WeChat application into BMW’s vehicles.
Jul. 28 , 2020Horizon Robotics inked on July 23 with FAW (Nanjing) Technology Development to carry out the strategic cooperation in such areas as auto-related AI, sensing technologies, ADAS, high-level autonomous driving, intelligent interaction and SDV.
Jul. 27 , 2020At the Chengdu Motor Show 2020, Geely Auto announced that its modular auto architecture is officially named “CMA Mudular Architecture” (“Chaoji Muti”, in Chinese), where the models will be based in the “Technology Geely 4.0 Era”.
Jul. 27 , 2020Shanghai NIO Automobile Sale Service Co.,Ltd., a wholly-owned subsidiary of NIO (Anhui) Holding Ltd., has added the distribution and brokerage of used cars on to its business scope, according to the corporate data platform Tianyancha.
Jul. 27 , 2020










