Industry News

Chinese truck maker FAW Jiefang launches self-driving heavy duty truck capable of L3 autopilot

The J7, an L3 self-driving super heavy-duty truck led by Chinese truck maker FAW Jiefang, was launched on September 6, becoming a milestone product in FAW Jiefang's "Columbus Smart ...

Will a world class new energy car giant be born in China? Economist answers

In the future, Tesla's lead in the electric car sector is likely to be gradually reduced, with its core competencies in intelligence, driverless technology, data and branding, said ...

In China, 9% of new energy vehicles sold by their owners in less than a year

Compared to fuel vehicles, the replacement cycle of new energy vehicles is significantly shorter, a new report shows. ...

China's biggest property developer says its new energy vehicles will be mass-produced in H2 next year

The first six Hengchi-branded vehicles will start trial production in the first half of next year and will be mass-produced in the second half, China Evergrande NewEnergy Vehicle G ...

Chinese version of Rolls-Royce Hongqi H9 launched, priced from about $44,782

The much-anticipated Hongqi H9 sedan went on sale today, including five models priced between RMB 309,800 ($44,782) and 539,800 yuan. ...

GAC Nio promises never to 'profit' more than 1% as it becomes 1st car maker to publish BOM costs

Liao Bing, founder of Chinese electric car maker GAC Nio, promised at a presentation in Beijing on August 18 that its combined hardware profits would not exceed 1% and any excess w ...

Electric car catches fire while waiting at a traffic light in Shenzhen

On August 12, a white pure electric car, waiting for a traffic light at an intersection in Shenzhen suddenly caught fire, with the entire vehicle was engulfed in flames, according ...

China's July sales of new energy vehicles up 19.3 percent year-on-year

China's passenger car sales in July rose 8.5% year-on-year, while sales of new energy vehicles rose 19.3%, according to the China Association of Automobile Manufacturers. ...

Here's how China's largest real estate developer makes cars

After releasing six new energy vehicles, China Evergrande NewEnergy Vehicle Group, the car making arm of China's biggest property developer China Evergrande, revealed the inside of ...

Driverless technology expected to save Didi 100 billion yuan a year in driver costs

5G will bring important changes to travel, and Didi Chuxing could save more than 100 billion yuan a year with automated driving, according to Yang Minghui, President of CITIC Secur ...
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