Articles Tagged with "AI"

Hefei said to pump 2 billion yuan into EV startup Leapmotor
Hefei said to pump 2 billion yuan into EV startup Leapmotor

Hefei municipal government intends to invest around 2 billion yuan ($308.2 million) in Leapmotor, a Hangzhou-headquartered Chinese EV startup, according to a local media outlet, quoting a person close to the startup’s senior management.

Jan. 22 , 2021
SAIC Volkswagen’s MEB-based ID. 4 X starts at 199,888 yuan for presale
SAIC Volkswagen’s MEB-based ID. 4 X starts at 199,888 yuan for presale

SAIC Volkswagen (SAIC VW) started on Jan. 21 the presale of its first MED-based model, the ID.4 X.

Jan. 22 , 2021
Baidu’s IoV division adjusts organizational structure
Baidu’s IoV division adjusts organizational structure

The organizational structure of Baidu’s Internet of Vehicles (IoV) division was adjusted on Jan. 19 with five business branches, three platform branches and three business supporting centers launched at the same time.

Jan. 21 , 2021
Evergrande Auto names new chairman
Evergrande Auto names new chairman

China Evergrande New Energy Group Limited announced earlier this month that Shi Shouming has resigned from his positions as an executive director and the chairman of the board of the company, effective Jan. 8, 2021.

Jan. 13 , 2021
China's homegrown PV retail sales drop 6.8% year on year in 2020
China's homegrown PV retail sales drop 6.8% year on year in 2020

For the year of 2020, around 19.605 million locally-produced PVs (referring to cars, MPVs, SUVs and minibuses) were handed over to consumers in China, representing a year-on-year growth of 8.8%, according to the China Passenger Car Association (CPCA)

Jan. 11 , 2021
SAIC Motor’s 2020 net profit likely to dip 21.89% YoY
SAIC Motor’s 2020 net profit likely to dip 21.89% YoY

SAIC Motor said its annual net profit attributable to shareholders in 2020 is anticipated to slump 21.89% year on year to roughly 20 billion yuan ($3.085 billion).

Jan. 11 , 2021