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Summary of ten Chinese OEMs’ profitability for first-half 2019
Summary of ten Chinese OEMs’ profitability for first-half 2019

Here and now Gasgoo rounded up the revenue and profit reported by the ten OEMs to see who is weaker or stronger during the tough days.

Sep. 3 , 2019
Evergrande attains intellectual property of chassis architecture 3.0 from BENTELER, FEV
Evergrande attains intellectual property of chassis architecture 3.0 from BENTELER, FEV

Evergrande New Energy Automotive Group, the NEV arm of Evergrande Group, fully got the intellectual property of the chassis architecture 3.0 from German’s auto parts suppliers BENTELER and FEV Group.

Sep. 2 , 2019
Tesla EVs to be exempted from China’s vehicle purchase tax
Tesla EVs to be exempted from China’s vehicle purchase tax

China will exempt Tesla’s electric vehicles from its vehicle purchase tax, China’s Ministry of Industry and Information Technology (MIIT) said on August 30, amongst an escalating trade tension with the United State.

Sep. 2 , 2019
Baidu Map opens up platform to NIO’s valet charging service
Baidu Map opens up platform to NIO’s valet charging service

From August 29, users are allowed to utilize NIO Power’s valet charging service “One Click for Power” through the app Baidu Map, a desktop and mobile mapping solution created by Chinese search engine giant Baidu.

Aug. 30 , 2019
DiDi Showcases Robo-Taxi Hailing, Plans to Launch Pilot Service for Public in Shanghai, China
DiDi Showcases Robo-Taxi Hailing, Plans to Launch Pilot Service for Public in Shanghai, China

Didi Chuxing (“DiDi”), the world’s leading mobile transportation platform, announced that as DiDi accelerates its robo-taxi project, passengers will be able to hail self-driving vehicles from its app in a pilot robo-taxi service in Shanghai.

Aug. 30 , 2019
SAIC Motor posts decline in both first-half revenue, net profit
SAIC Motor posts decline in both first-half revenue, net profit

China’s largest automaker SAIC Motor reported double-digit year-on-year decrease in both first-half revenue and net profit attributable to shareholders amongst a prolonged downturn in China’s auto market.

Aug. 30 , 2019