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BAIC Group on May 15 forged a strategic partnership with China Telecom, a Chinese state-owned telecommunication company, aiming to jointly build an ICV (intelligent-connected vehicle) ecosystem through both business and capital efforts.
May 17 , 2019
More new product roll-out plan for Chinese automaker BYD were disclosed in recent days by local media outlets, including two EV models, the BYD e2 and S2, and a new MPV model to be launched in the second half of 2019.
May 17 , 2019
Lynk & Co, a car brand spawned from the relationship between China’s Geely and Sweden’s Volvo, is going to launch the Lynk & Co03+ at the 2019 IAS (Innovative Auto Show) kicking off on June 1, according to the carmaker.
May 17 , 2019
Sitech on May 16 announced the completion of a Series B funding round, which is led by an industrial investment fund of Changshou District in Chongqing. Up until now, the startup is valued at over RMB10 billion, almost reaching a unicorn status.
May 16 , 2019
According to the sales data released by some mainstream Chinese automakers, SAIC Motor, Dongfeng Motor Group, GAC Group, Changan Automobile and Geely Auto whose respective Apr. sales exceeded 100 thousand units, all faced negative growth.
May 16 , 2019
Geely is enjoying a sound development with all operational targets being implemented satisfactorily and the so-called “salary reduction” doesn’t exist, Yang Xueliang, Vice President of Geely Auto Group, said on May 15 via his Sina Weibo account.
May 16 , 2019