Articles Tagged with "AI"

Great Wall Motor gains 19% YoY growth in 2020 net profit
Great Wall Motor gains 19% YoY growth in 2020 net profit

Great Wall Motor said its annual revenue hit a record high of 103.283 billion yuan in 2020, rising 7.35% compared to the previous year. Its full-year net profit attributable to shareholders jumped 19% year on year to 5.392 billion yuan.

Jan. 26 , 2021
Shanghai to newly build 10,000 public charging piles in 2021
Shanghai to newly build 10,000 public charging piles in 2021

Shanghai plans to newly deploy 10,000 public charging piles, 15 pilot taxi charging stations and 10 demonstration zones for sharing charging poles in 2021, according to a document from Shanghai municipal government.

Jan. 25 , 2021
Great Wall Motor to raise up to 8 billion yuan for new model, auto digitalization R&D
Great Wall Motor to raise up to 8 billion yuan for new model, auto digitalization R&D

Great Wall Motor intends to issue convertible bonds worth not more than 8 billion yuan ($1.235 billion) with the net proceeds to be evenly invested in the R&D of new vehicle models and automobile digitalization.

Jan. 25 , 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
WM Motor’s new SUV co-developed with Baidu comes off production line
WM Motor’s new SUV co-developed with Baidu comes off production line

The W6, an EV model jointly developed by WM Motor and Baidu, rolled off the assembly line on Jan. 19 at the startups’ Hubei manufacturing base and is expected for delivery in the first half of 2021, according to a local media outlet.

Jan. 19 , 2021