automobile Archives

Alibaba’s Banma Reaches Strategic Cooperation with Chongqing Municipal People’s Government

On August 23, Chongqing Municipal People's Government signed a contract with Banma, a subsidiary of Alibaba, to reach a strategic cooperation deal.

Huawei Deepens Cooperation With CATARC in Smart Vehicles Field

Tech giant Huawei and China Automotive Technology and Research Center Co., Ltd. (CATARC) held a signing ceremony in Shenzhen on August 17 for a new deal to deepen cooperation between the two sides.

Xiaomi Appoints Li Xiaoshuang as Vice President of Xiaomi Auto

Li Xiaoshuang, the General Manager of Xiaomi's major home appliances department, has been named Vice President of Xiaomi's electric vehicle unit.

Wuhan Government Seeking to Attract Xiaomi Auto Manufacturing Project

The Wuhan Municipal Bureau of Commerce responded the city had communicated with leading Chinese electronics firm Xiaomi, and is now in active negotiations with the company to promote the project's settlement in Wuhan.

Huawei Achieves Patent of Autonomous Driving Vehicle Behavior Planning Technology

Huawei obtained patent authorization for behavior planning methods and a behavior planning device which enables self-driving vehicles to safely and quickly pass through intersections.

NIO to Deploy 4,000 Charging Piles Globally By 2025

Shanghai-based electric vehicle manufacturer NIO announced on Friday that the firm will build 4,000 charging stations worldwide by the end of 2025, about 1,000 of which will be located outside China.

Tesla Introduces Significantly Cheaper Standard Range Model Y for Chinese Market

Tesla officially unveiled a new Model Y Standard Range electric vehicle, featuring a price tag of 276,000 yuan and a cruising range of 525 kilometers.

Geely Automobile Sales Hit 100,163 Units, Down 9% Year-on-Year

Chinese automaker Geely Automobile announced on Tuesday that the company's total sales volume in June saw a year-on-year decrease of about 9% and a quarter-on-quarter increase of about 4%.

Hyundai’s Luxury Vehicle Brand Genesis Celebrates Launch in China with Stunning Drone Show over Shanghai Skyline

Global luxury vehicle brand Genesis on April 2 marked its official entry into the Chinese market with a spectacular drone show entitled the "Genesis of Genesis" at the International Cruise Terminal in Shanghai.

Didi to Enter Automobile Manufacturing Business: Report

A range of Chinese media outlets reported on Tuesday that Didi Chuxing is expected to start its own automobile manufacturing business. One report from _LatePost_ (https://www.latepost.com/news/dj_detail?id=575) further revealed concrete details on plans to have the company’s Vice President Yang Jun lead the new venture while the team actively recruits from major domestic auto manufacturers.

Xiaomi Confirms It Will Spend $10 Billion On Building its Own Electric Cars

Chinese smartphone maker Xiaomi has officially announced that it will start manufacturing electric cars, as the company seeks to diversify beyond smartphones and consumer electronics.

Baidu Appoints Mobike Co-founder Xia Yiping as CEO for New EV Firm: Reports

Baidu has hired Xia Yiping, the co-founder of bike-sharing firm Mobike to be the chief executive of its new electric car company, operating in tandem with automobile manufacturer Geely, according to reports.

Geely Teams Up with Tencent to Develop Self-Driving, Smart Car Technologies

China’s Zhejiang Geely Holding Group said it has teamed up with Tencent to develop smart vehicle technologies, the newest cross-industry partnership between traditional automakers and tech giants.

Could Baidu and Geely’s Tie-up Challenge Tesla’s Dominance in China?

It’s official: China’s largest search engine and China’s largest private automaker are joining forces.

Anticipating the Future of Mobility: Why You Could (and Should) Ride High on Apple and Baidu’s Electric Car Ambitions

We are seeing more and more internet companies jumping into the deep end of the auto-tech industry.

Alibaba and Tencent-backed Evergrande Raises HK$4 Billion

On Sept. 15, Evergrande Automobile (HK.0708) announced that it had raised HK$4 billion in investment through the placement of new shares to support its new energy vehicle development.

The 10 Most Valuable Automobile Companies in China 2020

We’re going to provide a brief list of China’s most valuable automobile companies by market capitalization as of August 2020.

Xpeng Motors Raises $400 Million Before US Listing

Chinese EV manufacturer Xpeng Motors has raised an additional $100 million, bringing total funding to $400 million.

Chinese EV Maker WM Motor’s Co-founder Lu Bin Resigns as WM Seeks to List on Star Market

Lu Bin, the co-founder and chief travel officer of WM Motor, resigned on Aug. 5.

Luckin Chairman Lu Zhengyao Resigns from CAR, the Car Rental Company He Owned Has $168 million in Debt

Luckin Coffee chairman Lu Zhengyao resigned on Tuesday from the board of China Auto Rental Co., Ltd. (CAR), Tencent Finance reported.

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