Articles Tagged with "AI"

LeSee executive confirms FF’s fundraising success
LeSee executive confirms FF’s fundraising success

Gao Jingshen, COO of LeSee China, confirmed at an internal meeting that Faraday Future (FF) has got new investment successfully. According to Gao, FF would adopt a strategy of double main markets (China and USA).

Dec. 25 , 2017
Baidu sues its former vice president for infringement of commercial secrets
Baidu sues its former vice president for infringement of commercial secrets

A local media reported today that Baidu has appealed to Beijing Intellectual Property Court to prosecutes Wang Jin, former senior vice president and general manager of Baidu autopilot department, and Janzsoft under his operation.

Dec. 22 , 2017
Hozon Auto obtains RMB 1.25 billion from Zhihe Travel
Hozon Auto obtains RMB 1.25 billion from Zhihe Travel

Zhejiang Hozon Auto got an investment of RMB 1.25 billion from Zhihe Travel and consequently Zhihe Travel became the largest shareholder of Hozon New Energy.

Dec. 22 , 2017
SAIC Roewe NEV cumulative sales hit historical high
SAIC Roewe NEV cumulative sales hit historical high

In November, SAIC Roewe delivered 5,101 new energy vehicles (NEVs), soaring 104% year on year. Its cumulative sales from January to November reached 37,996 units with a yearly growth of 90%, hitting historical high.

Dec. 20 , 2017
Weichai targets $100 billion revenue by 2030
Weichai targets $100 billion revenue by 2030

On December 18th, Weichai Group announced proudly that, by December 18th, the annual revenues of Weichai had reached over RMB 200 billion, and the total annual revenues are expected to reach RMB 220 billion, with over RMB 10 billion profit.

Dec. 19 , 2017
CAPSA undergoes personnel change again
CAPSA undergoes personnel change again

According to local media from official CAPSA, Shen Mingjun will retain his position and serve as the general manager of CAPSA Sales Company.

Dec. 18 , 2017