Articles Tagged with "AI"

Mazda’s China retail sales in Dec., 2019 jump 19.2% year on year
Mazda’s China retail sales in Dec., 2019 jump 19.2% year on year

Mazda Motor (China) Co., Ltd. said its new car retail sales in December, 2019 reached 24,492 units, of which FAW Mazda and Changan Mazda contributed 10,418 units and 14,074 units respectively.

Jan. 6 , 2020
SAIC MAXUS’s 2019 sales grow over 40% YoY
SAIC MAXUS’s 2019 sales grow over 40% YoY

SAIC MAXUS’s 2019 annual sales jumped 42.85% from the year-ago period to 120,017 units.

Jan. 3 , 2020
China’s VIA exceeding official warning threshold for 24 straight months
China’s VIA exceeding official warning threshold for 24 straight months

In December, China’s Vehicle Inventory Alert Index (VIA), which measures the inventory level of automobile dealers, stood at 59.0%, dropping 7.1 percentage points from the year-ago period and 3.5 percentage points over the previous month.

Jan. 3 , 2020
ARCFOX’s first pre-production car rolls off the production line at BAIC-Magna Zhenjiang plant
ARCFOX’s first pre-production car rolls off the production line at BAIC-Magna Zhenjiang plant

On December 30, the first pre-production car under ARCFOX, a premium BEV brand of BAIC BJEV, officially rolled off the production line at the Zhenjiang plant co-founded by BAIC and Magna.

Dec. 31 , 2019
NIO Capital’s US dollar fund closes first fundraising of over $200 million
NIO Capital’s US dollar fund closes first fundraising of over $200 million

NIO Capital, an investment firm founded by leading Chinese EV maker NIO, announced on December 30 its US dollar fund (Eve ONE L.P.) has completed the first fundraising with over $200 million collected from a number of world’s leading investors.

Dec. 30 , 2019
Tesla hands over first batch of Shanghai-built Model 3 cars to employees
Tesla hands over first batch of Shanghai-built Model 3 cars to employees

On December 30, the first batch of China-built Tesla is handed over to 15 Tesla employees at the startup’s first manufacturing plant outside the U.S.—Shanghai-based Gigafactory 3, Tesla announced via its social media platform.

Dec. 30 , 2019