Classification: AFTERMARKET
The first batch of Mobike sharing cars begins trial operation in Guizhou [2018-01-19]

GUI’AN NEW AREA, Guizhou – The launching ceremony of Mobike sharing cars was held in Gui’

China had 217 million automobiles on the roads by the end of 2017 [2018-01-19]

BEIJING – China had 217 million automobiles on the roads by the end of 2017, part of 304 million motor vehicles roaming the streets across the country, according to data released by the Traffic Administration Bureau of the Ministry of Public Security on January 16.

Geely's Cao Cao ride-hailing platform raises ¥1 billion in Series A funding, now valued at over ¥10 billion [2018-01-18]

BEIJING – Cao Cao, a ride-hailing platform invested by Geely Holding Group, on January 17 announced that it has successfully undergone its Series A round of funding raising ¥1 billion, giving the two-year old innovative mobility solutions company an initial valuation of over ¥10 billion.

HERE to support Baidu with indoor maps outside of China [2018-01-17]

LAS VEGAS – HERE Technologies, a global leader in mapping and location services, announced on January 11 that it will broaden its collaboration with Baidu to power Baidu Maps with indoor map data for outside of China.

Happy New Year! [2018-01-11]

Happy New Year! While the full year numbers are not yet out for the heavy-duty truck and bus markets as of the date of publication of this issue, we can be certain that 2017 was yet another banner year for both segments.

DiDi Chuxing's latest $4 billion financing round to support AI, international expansion and NEV ecosystem [2017-12-27]

BEIJING – DiDi Chuxing, the world’s leading mobile transportation platform, announced on December 21 the completion of a new equity funding round of over $4 billion to support AI capacity-building, international expansion, and new business initiatives including the development of new energy vehicle service networks.

IHS Markit: China to drive trillion dollar "mobility services" transformation [2017-12-13]

BEIJING – China will be at the forefront of a transformation where new carb-based “mobility services”

Eleven automakers announce recalls of 1.13 million vehicles in November [2017-12-13]

BEIJING – Eleven vehicle enterprises announced recalls of about 1.13 million cars and more than 200,000 tires in China in November, which included Mercedes-Benz, Dongfeng-Honda, FAW-Volkswagen, Hyundai and so on, according to a series of notices released by the Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) recently.

SouChe raises $335 million Series E round led by Alibaba [2017-12-01]

HANGZHOU – SouChe, China’s leading online automobile transaction platform, announced recently that it has closed its $335 million Series E funding round led by Alibaba with participation from Warburg Pincus, Primavera Capital and CMB International.

Swings and more: preview of Beijing's LYNK & CO Center No. 01 [2017-10-27]

BEIJING - Less than a month before LYNK & CO launches its first model, the 01 SUV, the brand’

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