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Geely, not Li Shufu, to be largest shareholder of Daimler
Geely, not Li Shufu, to be largest shareholder of Daimler

Geely Group Co., Ltd, owned by Li Shufu, announced that it has become the largest shareholder of the German group after the closing of the deal. The Chinese company promised to hold Daimler’s shares for long term.

Feb. 24 , 2018
Huawei shows off driverless Porsche to be driven by smart phone
Huawei shows off driverless Porsche to be driven by smart phone

Recently, Huawei unveiled its first driverless vehicle to be controlled with an AI-powered smart phone Mate 10 Pro. According to the video Huawei released on its website, a Porsche Panamera ran forward quickly without any human in driving seats.

Feb. 24 , 2018
China to set up recycling system for NEV power battery in 2018
China to set up recycling system for NEV power battery in 2018

MIIT issued a notice, which outlines key work points for the industrial energy saving and comprehensive utilization in 2018. The following are the key points for new energy vehicle segment.

Feb. 24 , 2018
Baojun 510 posts sales of 58,006 units in January
Baojun 510 posts sales of 58,006 units in January

According to the data from China Passenger Car Association (CPCA), deliveries of the Baojun 510 reached 58,006 units in January.

Feb. 23 , 2018
Analysis of 2018 national NEV policy
Analysis of 2018 national NEV policy

The 2018 national NEV subsidy policy was announced recently.

Feb. 23 , 2018
Zhejiang to build China’s first intelligent "super expressway"
Zhejiang to build China’s first intelligent "super expressway"

China will build its first intelligent “super expressway” in Zhejiang Province before the 2022 Asian Games kicking off in Hangzhou, according to local authorities.

Feb. 23 , 2018