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On May 23rd, China’s auto part player Baolong struck a deal with domestic ultrasonic radar developer Suzhou UDAS Automotive Technology Co., Ltd. (UDAS) to invest in the latter, and co-establish a joint venture in Hefei, Anhui province.
May 24 , 2022
Baidu has integrated its Maps business to its IDG (intelligent driving group) business cluster to strengthen its automotive business development, a local media outlet reported on May 24th.
May 24 , 2022
China’s smartphone giant Xiaomi recently released its 2022 first-quarter financial results with year-on-year growth in R&D expenses partially caused by its intelligent electric vehicle business.
May 24 , 2022
China’s auto parts supplier Shanghai Baolong Automotive Corporation (Baolong) and ADAS developer Leadmove have inked a strategic agreement for Baolong to invest in the latter.
May 24 , 2022
China will provide cuts of 60 billion yuan ($8.977 billion) on passenger vehicle purchase taxes.
May 24 , 2022
In April, the monthly registrations of the ZEEKR 001, the first and only production model under Geely Auto's premium car brand ZEEKR, reached 2,154 units, sliding 5.2% over the previous month, according to the data compiled by GARI.
May 23 , 2022