Articles Tagged with "AI"

WM Motor, Meituan Dache enters into strategic partnership for ride-hailing service
WM Motor, Meituan Dache enters into strategic partnership for ride-hailing service

On January 30, China-based EV startup WM Motor forged a strategic partnership with Meituan Dache, a ride-haling service platform operated by China’s largest on-demand food delivery service provider Meituan Dianping.

Jan. 31 , 2019
SAIC Motor predicts YoY growth of 4.6% in 2018 net profits
SAIC Motor predicts YoY growth of 4.6% in 2018 net profits

SAIC Motor predicted that its net profits attributable to shareholders of listed company total around RMB3.6 billion in 2018, up by nearly 4.6% compared with the 2017’s record year.

Jan. 31 , 2019
Summary: 2018 sales in China for mainstream luxury carmakers
Summary: 2018 sales in China for mainstream luxury carmakers

According to the resultant sales performance announced by premium car makers and the China Passenger Car Association (CPCA), Audi finally transcended Mercedes-Benz, taking the championship in terms of single brand’s 2018 sales in China.

Jan. 30 , 2019
BAIC Group ambitious to sell 2.45 million vehicles in 2019
BAIC Group ambitious to sell 2.45 million vehicles in 2019

BAIC Group sold 2.402 million vehicles throughout 2018, the automaker announced in recent days. Besides, it earned RMB480.74 billion in annual revenues with a year-on-year growth of 2.2% and RMB30.13 billion in full-year net profits.

Jan. 25 , 2019
Evergrande fortifies NEV presence by buying 58.07% stake in Shanghai CENAT New Energy
Evergrande fortifies NEV presence by buying 58.07% stake in Shanghai CENAT New Energy

Evergrande Health Industry Group Limited, a wholly-owned subsidiary of China Evergrande Group, announced on January 24 that it will acquire a 58.07% stake in Shanghai CENAT New Energy for RMB 1,059,777,500.

Jan. 25 , 2019
Hyundai sold over 8,000 plug-In electric cars In December
Hyundai sold over 8,000 plug-In electric cars In December

Hyundai once again raised the bar for plug-in electric car sales, achieving in December a new all-time record of 8,174, which is 276% more than a year ago. The plug-ins now account for a record high 5.3% of total volume for the South Korean brand.

Jan. 22 , 2019