Industry News

GAC reportedly invests in ride-hailing giant Didi's self-driving business

Didi Chuxing's self-driving business is close to finalizing a new round of funding of more than $300 million, with GAC Group investing $200 million, LatePost reported Monday.

Allowing couples to have three children seen as good for China's 7-seat car market

"This policy is a major boon to the car market and will help the 7-seater market grow."

Geely reportedly partners with appliance giant Haier to sell its high-end EVs in latter's stores

Haier and Geely are in talks to make the Zeekr 001, the first model of the latter's premium electric car brand Zeekr, available in Haier's retail stores.

GAC Aion says it has achieved mass production of its concept car with 'world's lowest wind resistance'

GAC Aion said that its concept car ENO.146 has a wind resistance coefficient of 0.146 cd, the lowest in the world.

Swiss charger maker sets up subsidiary in Hangzhou to expand its footprint in China

The rapid growth of China's electric vehicle industry has opened up opportunities for many foreign companies.

BMW recalls 6,636 iX3 EVs in China due to software design issues

BMW had hoped to use the iX3 to challenge Tesla and new car makers, including Nio, in the Chinese market.

Lenovo resists temptation as group of Chinese firms jump on car-making bandwagon

Lenovo is determined not to build cars and will put limited resources and energy on the track that has been clearly defined.

Global automakers set up data facilities in China to meet compliance requirements

BMW, Daimler and Ford have all set up facilities in China to store data generated locally by their vehicles.

China's NEV sales exceed 700,000 units from January-April

The production of new energy vehicles was 750,000 units, up 2.6 times year-on-year, and sales were 732,000 units, up 2.5 times year-on-year.

China has added 21,000 charging pile-related firms this year

New energy vehicles are one of the hottest topics in China right now, and in addition to Internet companies jumping on the car-making bandwagon, the number of companies providing infrastructure is also growing rapidly.
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