Industry News

Former Uber China exec joins Baidu's car-making arm

Luo was the general manager of Uber China's southern region and was responsible for building Uber's Chinese business.

Geely, South Korea's SK Group to establish $300 million auto investment fund

SK Group, the third-largest South Korean consortium, said in a statement that the fund will invest in promising companies in areas including self-driving technology, new energy vehicles, and car networking.

Hongqi expected to unveil hybrid supercar priced over $1.5 million in April

Since its founding in 1958, Hongqi cars have long been used as parade cars for major celebrations in China and are one of China's premium automotive brands.

Geely reportedly to build new plant in Guangzhou

Whether Geely's construction of a new plant in Guangzhou is related to its high-end smart electric vehicle project is unknown for now, but the series of signs suggests that Geely is clearly picking up the pace in the smart new energy vehicle sector.

Despite not having delivered a single vehicle, Evergrande Auto has become China's third largest publicly traded car firm behind BYD and Nio

The investor frenzy over China's new energy vehicle industry is far from over, and Evergrande Auto is a good example.

Faraday Future appoints China region CEO, paving way for FF 91 to arrive in China

FF said it is moving full steam ahead with preparations for the landing of its China business and delivery of the FF 91.

Chinese electric car startup Enovate Motors could release its second SUV in April

Chinese electric vehicle startup Enovate Motors could launch the Enovate ME5, the company's second SUV, in April, eeo.com.cn reported Tuesday.

Baidu Apollo's commercial use gets major breakthrough as it gets new license to operate on toll basis

Chinese tech giant Baidu's autonomous driving platform Apollo has received a toll operating license in Cangzhou City, Hebei Province, marking the move from testing to commercial use on the first open road network across the downtown area in China.

FF 91 completes 2nd winter testing, paving way for launch in H1 2022

US-based electric car company Faraday Future (FF) announced on March 15 the completion of the second season of winter testing for the FF 91.

Evergrande Auto, Tencent set up JV to develop operating systems for cars

Evergrande Auto will hold a 60% stake in the joint venture and Phoenix Auto Intelligence, a subsidiary of Tencent, will hold a 40% stake.
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