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China to quicken removal of unqualified vehicles for ride-hailing service
China to quicken removal of unqualified vehicles for ride-hailing service

China will speed up the removal of unqualified vehicles for ride-hailing service and revoke the license of ride-hailing platforms that keep refusing to revamp services in accordance with laws and regulations, Cai Tuanjie, an officer from the China’s

May 22 , 2018
China to reduce auto import tariffs from July 1, 2018
China to reduce auto import tariffs from July 1, 2018

China will reduce the import tariffs on complete vehicles and parts from July 1, 2018, in order to expand the reforming and opening up in a large scale.

May 22 , 2018
GAC Group, iFlyTek co-build AI vehicle technology innovation center
GAC Group, iFlyTek co-build AI vehicle technology innovation center

GAC Automotive Engineering Institute (GAC Engineering) and Chinese artificial intelligence (AI) company iFlyTek officially established the AI Automobile Technology Center in Guangzhou, capital of Guangdong Province on May 21.

May 22 , 2018
Honda to transfer stake in Honda Automobile (China) to GAC Honda
Honda to transfer stake in Honda Automobile (China) to GAC Honda

Japanese automaker Honda will sell its stake in Honda Automobile (China) to GAC Honda, a joint venture with GAC group, valued at about RMB 602 million (around $94.7 million), according to Honda’s statement released on May 17.

May 21 , 2018
GWM targets over 51% shares in JV with BMW Group
GWM targets over 51% shares in JV with BMW Group

Chinese automaker Great Wall Motor (GWM) reportedly wants to control over 51% shareholdings in the JV with BMW Group, the company revealed at a meeting with some board directors from BMW Group before the conclusion of Auto China 2018.

May 21 , 2018
Dearcc delivers more than 1,000 vehicles
Dearcc delivers more than 1,000 vehicles

China’s emerging EV maker Dearcc announced recently that the cumulative sales of the Dearcc EV10, Dearcc’s first A0 class pure electric vehicle, reached more than 1,000 units.

May 21 , 2018