Articles Tagged with "AI"

BAIC president: China’s annual NEV sales and output will reach 3 million by 2020
BAIC president: China’s annual NEV sales and output will reach 3 million by 2020

Xu Heyi, chairman of the state-owned carmaker BAIC Group, said that China branded new energy vehicles (NEV) will be in the upper echelon of the global auto market by 2035.

Oct. 20 , 2017
SAIC Maxus September sales soars 79%
SAIC Maxus September sales soars 79%

SAIC Maxus September sales soared 79% to 7,637 units. SAIC Maxus aims to have a sales target of 300,000 units in 2020, and the overseas sales will account for 30%.

Oct. 19 , 2017
UPDATE-Magna sets e-powertrain joint venture with Huayu Automotive Systems
UPDATE-Magna sets e-powertrain joint venture with Huayu Automotive Systems

On October 18, Magna signed a joint-venture agreement with Huayu Automotive Systems Co., Ltd., (HASCO,600741.SH), a subsidiary of SAIC Motor.

Oct. 19 , 2017
BAIC Group signs agreement with Baidu to mass produce autonomous vehicles
BAIC Group signs agreement with Baidu to mass produce autonomous vehicles

BAIC Group recently signed a strategic cooperation framework agreement with Baidu to roll out mass-produced autonomous vehicles.

Oct. 16 , 2017
Yunhai Special Metals Co., Ltd. co-develops magnalium parts with BAIC Group
Yunhai Special Metals Co., Ltd. co-develops magnalium parts with BAIC Group

Nanjing Yunhai Special Metals Co., Ltd. recently signed a strategic cooperation agreement with BAIC Group

Oct. 12 , 2017
Geely purchases Lotus, aiming to challenge Porsche
Geely purchases Lotus, aiming to challenge Porsche

Geely officially announced that it purchased 51% shares of Lotus. With the purchase of Lotus, it will be competitive enough to rival with Porsche.

Oct. 12 , 2017