Industry dynamics

ZXZC Daily: Baidu to introduce Apollo project to Lin-gang Special Area

Publishtime:1970-01-01 08:00:00 Views:35

With ZXZC Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Baidu to introduce Apollo autonomous driving project to Shanghai's Lin-gang Special Area

Beijing Baidu Smart Mobility Technology Co., Ltd., a subsidiary of Baidu Inc., today signed an agreement with the management committee of Lin-gang Special Area to co-work on introducing the Apollo autonomous driving project in this area.

ZXZC Daily: Baidu to introduce Apollo project to Lin-gang Special Area

Photo credit: the management committee of Lin-gang Special Area

SGMW, JD Logistics cement cooperation

JD Logistics announced today it would join hands with SAIC-GM-Wuling to deepen cooperation on the integrated supply chain for after-sales components, and jointly explore the cooperation prospects in intelligent warehouse logistics technologies, vehicle purchase service, and other fields.

Hongqi E-QM5 to hit market on August 17

FAW Group's premium auto brand, Hongqi, is about to put the E-QM5 PLUS onto the market on August 17. The all-electric model is likely to feature a range of up to 600km.

NIO sets up sales service company in Yantai city

NIO Sales and Services Co., Ltd. recently founded a wholly-owned subsidiary in Yantai city, Shandong province. Incorporated on August 3 and named Yantai NIO Sales and Services Co., Ltd., the new company has a line of businesses covering sales of automobiles, NEV production & testing facilities, and charging piles, as well as App-based ride-hailing service operation.

NIO's energy subsidiary records registered capital increase

According to the corporate information provider Tianyancha, NIO Energy Investment (Hubei) Co., Ltd., a wholly-owned subsidiary of NIO Holding Ltd., recently saw its registered capital surge to 1 billion yuan ($148.1 million) from 70 million yuan ($10.37 million).

Bosch-backed VC firm invests in Chinese battery design solution provider Electroder

Suzhou Electroder Technology Co., Ltd. ("Electroder"), a Chinese battery design service provider, recently completed its Series A funding round with tens of millions of yuan raised.

JIDU to kick off presale of mass-produced automotive robot in October

JIDU, the intelligent auto brand jointly founded by Baidu and Geely, unveiled the latest development of its car-making progress at its Shanghai headquarters, JIDU ROBO BASE.

JAC Group sales up 11.55% YoY in July

In July, JAC Group sold 43,800 vehicles, an increase of 11.55% year over year. In the first seven months of the year, the group’s cumulative sales volume amounted to 279,000 vehicles.

Great Wall Motor posts 11.32% YoY growth in July 2022 sales

Great Wall Motor (“GWM”) announced on Tuesday its monthly auto sales reached 101,920 units in July 2022, growing 11.32% from the previous year, while also ticking up 0.73% from the previous month.

Tesla sells 28,217 China-made vehicles in July 2022

In the seventh month of 2022, Tesla sold 28,217 China-made vehicles in wholesale, representing a 14% decline over the previous year, according to the China Passenger Car Association (CPCA).

China's locally-made PV retail sales jump 20.1% YoY in July 2022

In July 2022, China's passenger vehicle ("PV") retail sales amounted to 1.843 million units, jumping 20.1% compared to the previous year, while sliding 6.3% from the previous month, according to the China Passenger Car Association (CPCA).