Articles Tagged with "AI"

BYD’s NEV sales growth still remains negative in August
BYD’s NEV sales growth still remains negative in August

Sales at BYD fell 13.95% to 36,009 units in August, versus the 16.96% year-on-year drop in July sales, according to the automaker’s latest sales report.

Sep. 9 , 2019
NIO to issue $200 million worth of convertible notes to its chairman, Tencent
NIO to issue $200 million worth of convertible notes to its chairman, Tencent

Chinese EV startup NIO announced on September 5 it would issue and sell convertible notes in an aggregate principal amount of US$200 million to the investors through a private placement.

Sep. 5 , 2019
Mazda sees China retail sales in August slide 20.74% YoY
Mazda sees China retail sales in August slide 20.74% YoY

Mazda Motor (China) Co., Ltd. reported total August retail sales of 17,729 vehicles, a decrease of 20.74% compared to August 2018. Year-to-date sales through August saw a double-digit decline of 25.25%, with 141,125 vehicles sold in China.

Sep. 5 , 2019
Baidu Map opens up platform to NIO’s valet charging service
Baidu Map opens up platform to NIO’s valet charging service

From August 29, users are allowed to utilize NIO Power’s valet charging service “One Click for Power” through the app Baidu Map, a desktop and mobile mapping solution created by Chinese search engine giant Baidu.

Aug. 30 , 2019
DiDi Showcases Robo-Taxi Hailing, Plans to Launch Pilot Service for Public in Shanghai, China
DiDi Showcases Robo-Taxi Hailing, Plans to Launch Pilot Service for Public in Shanghai, China

Didi Chuxing (“DiDi”), the world’s leading mobile transportation platform, announced that as DiDi accelerates its robo-taxi project, passengers will be able to hail self-driving vehicles from its app in a pilot robo-taxi service in Shanghai.

Aug. 30 , 2019
SAIC Motor posts decline in both first-half revenue, net profit
SAIC Motor posts decline in both first-half revenue, net profit

China’s largest automaker SAIC Motor reported double-digit year-on-year decrease in both first-half revenue and net profit attributable to shareholders amongst a prolonged downturn in China’s auto market.

Aug. 30 , 2019