Articles Tagged with "AI"

Baidu’s third Apollo Park launched in Shanghai
Baidu’s third Apollo Park launched in Shanghai

On July 28, Chinese Internet giant Baidu put into operation its third Apollo Park, an industrial complex designed to inject impetus to Baidu’s efforts to commercialize its smart transportation technologies.

Jul. 28 , 2021
JAC Group expected to gain 480 million yuan in semi-annual net profit
JAC Group expected to gain 480 million yuan in semi-annual net profit

JAC Group announced on Tuesday its net profit attributable to shareholders is anticipated to reach roughly 480 million yuan ($73.77 million) for the first half of 2021, rocketing from the net loss of 147.44 million yuan for the year-ago period.

Jul. 28 , 2021
Hefei said to woo Xiaomi’s vehicle business
Hefei said to woo Xiaomi’s vehicle business

Hefei has a good industrial foundation for new energy vehicle (NEV) segment, which is attractive to Xiaomi.

Jul. 27 , 2021
FAW Group said to take 5% stake in Changan Mazda
FAW Group said to take 5% stake in Changan Mazda

FAW Group will acquire 5% stake in Changan Mazda, currently a 50/50 joint venture between Chongqing Changan Automobile Co., Ltd. and Mazda Motor Corporation, according to a local media outlet.

Jul. 23 , 2021
Aulton, Sinopec co-launch battery swapping stations in Shanghai, Chongqing
Aulton, Sinopec co-launch battery swapping stations in Shanghai, Chongqing

Chinese battery swapping technology developer Aulton said the battery swapping stations it built in partnership with the state-owned oil giant Sinopec were officially launched in both Shanghai and Chongqing on July 20.

Jul. 22 , 2021
Shanghai eyes 350 billion yuan in annual output value of NEV manufacturing industry by 2025
Shanghai eyes 350 billion yuan in annual output value of NEV manufacturing industry by 2025

Shanghai expects the annual output value of its new energy vehicle (NEV) manufacturing industry to reach around 350 billion yuan ($54.123 billion) by 2025, according to a document Shanghai municipal government issued earlier this week.

Jul. 22 , 2021