Search

XPENG Motors to enlarge team by 5,000 employees in 2019
XPENG Motors to enlarge team by 5,000 employees in 2019

China-based EV startup XPENG Motors plans to recruit 5,000 employees (including 2,300 regular employees) in 2019, He Xiaopeng, chairman of the startup, revealed in an internal e-mail to inspire staff after the Spring Festival holiday.

Feb. 13 , 2019
NavInfo to provide BMW with map products, services for autonomous driving
NavInfo to provide BMW with map products, services for autonomous driving

China-based digital map provider NavInfo and BMW China Automotive Trading Ltd. recently signed an agreement about the mapping products and services for autonomous driving, NavInfo announced on February 12.

Feb. 13 , 2019
Hongqi to launch three SUV models into market in 2019
Hongqi to launch three SUV models into market in 2019

FAW Group-owned premium car brand Hongqi showed off three SUV models at the 2019 CCTV Spring Festival Gala, namely, the Hongqi HS5, the HS7 and the E-HS3 BEV, which impressed people a lot.

Feb. 12 , 2019
Geely Auto January sales edge up 2% from a year ago
Geely Auto January sales edge up 2% from a year ago

Geely Auto posts a year-on-year (YoY) growth of 2% with 158,393 vehicles delivered in January, the automaker said on February 11. Compared to the performance of last December, the automaker gained a remarkable jump of around 70%.

Feb. 11 , 2019
BYD increases registered capital of BYD-Daimler NEV JV by RMB200 million
BYD increases registered capital of BYD-Daimler NEV JV by RMB200 million

BYD announced on February 1 that it agreed a proposal that allows BYD Auto Industry Company Limited, its wholly-owned subsidiary, to inject an additional RMB 200 million as registered capital into Shenzhen DENZA New Energy Automotive Co., Ltd.

Feb. 11 , 2019
Baoneng Group’s shareholding in Qoros Auto increased to 63% from 51%
Baoneng Group’s shareholding in Qoros Auto increased to 63% from 51%

Kenon Holdings, one of primary investors of Qoros Auto, announced in January that it had transferred 12% stake in Qoros Auto to Baoneng Group, the other major investor of the Chinese automaker, at a consideration of RMB1.56 billion.

Feb. 11 , 2019