FAW Group Archives

DJI Automotive Receives Investment Intentions from BYD and FAW Group

According to multiple industry sources, DJI Automotive has recently received clear investment intentions from BYD and FAW Group.

Huawei’s Richard Yu: The New Company Has Invited the “Four Jie”, Hoping FAW Will Join

On November 28th, Richard Yu, CEO of Huawei Consumer BG, stated that Huawei has extended invitations to Seres, Chery, JAC Motors, and BAIC, and hopes that FAW Group will also join.

FAW Toyota’s bZ3 Model to Adapt BYD’s Motor and Battery

FAW Toyota, a joint venture between Japanese automaker Toyota and China's First Automobile Works (FAW), announced on October 21 that the pure electric sedan bZ3 loaded with BYD batteries will be unveiled on October 24.

Pop-up Advertisements in Vehicle Systems Trigger Safety Concerns

Recently, FAW-Volkswagen, Mercedes-Benz and other car companies have trended on Chinese social media because of their pop-up advertisements displayed in their vehicle systems. In fact, Great Wall Motor's HAVAL and NIO car owners have posted a few times about the same problem.

FAW Jiefang and Tencent Cloud Reach Strategic Cooperation Agreement

On July 11, FAW Jiefang Automobile Co., Ltd., FAW Group’s commercial vehicle arm, inked a strategic cooperation framework agreement with Tencent Cloud Computing (Beijing) Co., Ltd., in regard to automotive information security.

AI Firm Horizon Robotics Wins Strategic Investment From FAW Group

Horizon Robotics announced on Monday that it has obtained strategic investment from FAW Group, and that the transaction has been completed.

China’s FAW Denies Takeover of Didi

China FAW Group is reportedly considering acquiring a significant amount of shares in ride-hailing giant Didi. FAW has responded to domestic media, stating: "It's not true."

Audi-FAW Partnership Receives Approval for NEV Factory in China

A new energy vehicle project jointly managed by German luxury car brand Audi and Chinese auto giant FAW has recently received formal approval.

BYD, FAW, Establish Joint Venture with Registered Capital of $157 Million

According to Chinese enterprise data platform Qichacha, FAW Fudi New Energy Technology Co., Ltd. was established on January 15th with a registered capital of 1 billion yuan ($157 million).

Pony.ai and FAW Nanjing Reach Strategic Cooperation to Develop L4 Autonomous Driving Technology

Autonomous driving company Pony.ai announced on Friday that it has reached a strategic cooperation with FAW Nanjing Technology, a wholly-owned subsidiary of its investor China FAW.

Wanda Group Establishes Automobile Company With Registered Capital of $15.65 Million

Wanda Group, a Chinese multinational conglomerate headquartered in Beijing, established Wanda Automobile Technology Co., Ltd. with a registered capital of 100 million yuan ($15.65 million).

Xiaomi Founder Lei Jun Visits FAW for In-Depth Talks on Carmaking Partnership

The founder of Chinese electronics giant Xiaomi, Lei Jun, has recently visited the headquarters of automaker FAW Group in northeast China's Jilin Province for in-depth talks on a vehicle-making partnership.

Chinese Telematics Startup Pateo Raises 830 Million Yuan

Chinese Telematics startup Pateo announced on Wednesday that it had raised more than 830 million yuan ($128 million) in a funding round, led by state-owned automaker China FAW Group.

Amazon Purchases 1,000 Self-Driving Truck Systems from Plus, Marking a Further Step Towards Autonomy

Amazon Inc. has purchased 1,000 autonomous driving systems from self-driving truck technology startup Plus, the Chinese firm said in a regulatory filing, according to a report by Bloomberg.

Top Esports Signs FAW-Audi and An Mu Xi as Sponsors for League of Legends World Championship

China-Germany automotive brand FAW-Audi and Chinese dairy brand An Mu Xi have become the latest sponsors of Chinese esports organization Top Esport (TES) League of Legends team.

FAW Group Establishes Artificial Intelligence Company

One of China’s largest state-owned automotive conglomerates, FAW Group, has recently established an artificial intelligence sub-entity.

Alibaba Announces Strategic Partnership with FAW Group

Alibaba has announced a strategic partnership with FAW Group, one of China’s largest automobile companies.

Nokia Shanghai Bell and FAW Group Establish Cooperation to Transform China’s Auto Industry

Nokia Shanghai Bell (NSB) and China's First Automobile Works (FAW) signed a MoU on strategic cooperation to ink R&D alliance on smart networked vehicles, Industrial Internet o Things (IIoT), intelligent manufacturing and digital transformation.

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