Articles Tagged with "AI"

Evergrande Health, Germany-based hofer AG to team up on integrated powertrain tech
Evergrande Health, Germany-based hofer AG to team up on integrated powertrain tech

Evergrande Health announced on July 24 that one of its wholly-owned subsidiaries has entered into an agreement with German powertrain supplier hofer Aktiengesellschaft to set up a joint venture in Germany.

Jul. 24 , 2019
BAIC BJEV kicks off operation of new experiment hub, to roll out 6 new models by 2021
BAIC BJEV kicks off operation of new experiment hub, to roll out 6 new models by 2021

BAIC BJEV formally starts operation of its new experiment hub on July 22 to “give impetus to BAIC BJEV’s long-term high-quality sustainable development”, Ma Fanglie, president of the China-based NEV manufacturer said in an interview.

Jul. 23 , 2019
BAIC Group takes 5% stake in Daimler AG for cooperation step-up
BAIC Group takes 5% stake in Daimler AG for cooperation step-up

Chinese state-owned automaker Beijing Automotive Group Co.,Ltd (BAIC Group) announced on July 23 it has plowed investment in Daimler AG, a Stuttgart-based auto company who owns Mercedes-Benz, to cement their long-term strategic cooperation.

Jul. 23 , 2019
Most automakers in China fail to hit half of sales target in H1 2019
Most automakers in China fail to hit half of sales target in H1 2019

After compiling the data offered by a total of 14 automakers, Gasgoo found out that aside from two Sino-Japanese automakers, most companies didn’t achieve 50% of their annual sales targets after half of the year passed by.

Jul. 18 , 2019
Startup Enovate forms battery system joint venture with Shanghai Electric
Startup Enovate forms battery system joint venture with Shanghai Electric

A joint venture focusing on R&D and production of EV battery system technologies jointly built by China’s EV startup Enovate and Shanghai Electric Group Co.,Ltd (Shanghai Electric) was officially registered on June 25, 2019.

Jul. 18 , 2019
BAIC Group says H1 2019 car sales reach 1.109 million, semi-annual profit grow 4.4% YoY
BAIC Group says H1 2019 car sales reach 1.109 million, semi-annual profit grow 4.4% YoY

BAIC Group announced on July 15 via its WeChat account it vehicle sales for the first half of 2019 reached 1.109 million units, outperforming the overall auto industrial level in China by 4.6 percentage points.

Jul. 18 , 2019