Industry News

SAIC to debut concept car 'Kun' at Expo Dubai

These teaser images show that the concept car has a very short front and rear end, with the middle cockpit taking up most of the space.

Chinese market regulator fines auto chip dealer RMB 500,000 for sharp price markup

Earlier this month, three auto chip dealers were fined a total of RMB 2.5 million for inflating the price of auto chips.

While phone makers covet auto market, Geely rumored to have opposite plan

Geely is reportedly planning to enter phone making sector and has already started a talent hunt, with offices to be set up in Wuhan, Shanghai, and even overseas.

Jidu, Baidu's car-making arm, has started developing smart driving features based on simulation prototype

Jidu is front-loading the development of smart cockpit features, smart driving to improve R&D efficiency, and has been working with Baidu's Apollo team on these features.

Maker of Mini EV to unveil even smaller model called Nano EV on Sept 29

The Mini EV is small enough, but it still has a four-seat layout. Now its maker is releasing an even smaller model with only two seats.

Geely plans to release new energy concept truck with self-driving support this year

Geely's concept heavy truck will support a variety of new energy sources, including pure electric, hybrid with extended range technology, and methanol.

GM confirms $300 million investment in Chinese self-driving unicorn Momenta

Momenta was founded in 2016 and received a $46 million investment led by Nio Capital in 2017.

Nio Capital invests in AR company Nreal

Nio Capital managing partner Zhu Yan said he is bullish on the application of AR/VR glasses in automotive scenarios, especially the new possibilities of combining with in-car entertainment.

Volkswagen ID. series delivered 7,023 units in China in Aug

Between June and August, sales of ID. family models continued to improve, with 3,415, 5,810 and 7,023 units, respectively.

Chinese auto association warns again of chip shortage crisis

The resources for auto chips in circulation are close to depletion, Chinese auto brands no longer have a clear advantage in chip resources, said the deputy secretary-general of the CAAM.
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