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JIDU to take order in H2 2022, targeting RMB200,000 market
JIDU to take order in H2 2022, targeting RMB200,000 market

JIDU will start taking orders for the ROBO 01 automotive robot in the second half of 2022, Baidu’s CEO Robin Li disclosed in the Q&A session at the Q1 financial statement briefing.

May 27 , 2022
Baidu’s Apollo Go Robotaxi service reports world’s largest order volume in Q1
Baidu’s Apollo Go Robotaxi service reports world’s largest order volume in Q1

On May 26th, China’s tech giant Baidu released the unaudited financial statement in the first quarter of 2022, with RMB28.4 billion ($4.48 billion) in revenue.

May 27 , 2022
SGMW exports first batch of NEV CKDs
SGMW exports first batch of NEV CKDs

SAIC-GM-Wuling (“SGMW”), General Motors’ joint venture with Chinese partners SAIC Motor and Guangxi Automobile Group, made its first export shipment of new energy vehicle complete knock downs (“NEV CKDs”), marking a significant breakthrough in SGMW’s

May 26 , 2022
Ganfeng Lithium breaks ground on lithium battery materials plant in Fengcheng
Ganfeng Lithium breaks ground on lithium battery materials plant in Fengcheng

On May 23, Jiangxi Ganfeng Lithium Co., Ltd. (“Ganfeng Lithium”), one of the world's top producers of battery-grade lithium, broke ground on its new lithium battery materials manufacturing base in Fengcheng city.

May 26 , 2022
Tencent, Alibaba-backed ride-hailing firm T3 Mobility said to seek RMB5 billion investment
Tencent, Alibaba-backed ride-hailing firm T3 Mobility said to seek RMB5 billion investment

China’s Tencent and Alibaba Group-backed online ride-hailing platform, T3 Mobility, is reportedly seeking at least RMB5 billion ($750 million) in its latest financing round, several media outlets reported on May 25th.

May 26 , 2022
Shenzhen issues measures to boost automobile consumption
Shenzhen issues measures to boost automobile consumption

South China's metropolis of Shenzhen has released a slew of measures to spur automobile sales, according to a governmental document posted on the official website of Shenzhen's municipal government.

May 26 , 2022