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SAIC Group gained revenue of RMB 238.83 billion in the first quarter, jumping 21.7% year on year. The net profit rose 17.5% year on year to RMB 9.71 billion, according to SAIC Group’s Q1 report released on Apr. 28.
May 2 , 2018
Ford Smart Mobility LLC and Zotye Auto signed an MOU on May 2 to set up a new 50:50 JV (joint venture) that will focus on providing ride-hailing operators and drivers with intelligent and customized all-electric vehicle solutions.
May 2 , 2018
Two FF 91s, Faraday Future’s intelligent internet-based electric model, finished customs clearance in the evening of Apr. 29.
May 2 , 2018
BAIC BJEV launched the vehicle artificial intelligent (AI) system, Darwin System, at Auto China 2018 on Apr. 25. The premium system not only can liberate and please human, but also can be self-developed.
May 2 , 2018
FAW Xiali reached operation revenue of RMB 1.451 billion in 2017, slumping 28.34% year on year and the net profit attributable to shareholders was RMB -1.641 billion, nosediving 1,110.64% year on year. Its debt-to-asset ratio was up to 98.2%.
May 2 , 2018
BYD launched the latest DiLink intelligent ecological system and e Platform, along with a bunch of new models at Auto China 2018, including the latest concept E-SEED, the Song MAX DM and the Yuan EV 360.
Apr. 28 , 2018