Home > 2018 > February

Pony.ai launches autonomous vehicle fleet in China, announces strategic partnership with GAC Group

GUANGZHOU – Pony.ai, a California-based self-driving car startup founded in late 2016 in Silicon Valley with operations in Beijing and Guangzhou, launched its autonomous ride-sharing fleet in Nansha, Guangzhou, becoming the first company to offer self-driving car rides on city roads to the general public in China. The company also

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BAIC and Daimler to invest £¤11.9 billion to expand capacity at BBAC for EQ production

BEIJING – BAIC Motor Co., Ltd., the Hong Kong-listed subsidiary of BAIC Group, said in a statement on February 23 that it and partner Daimler AG plan to co-invest more than ¥11.9 billion (about €1.5 billion) to build a new production base at their joint venture, Beijing Benz Automotive Co.,

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Never say never: BMW and Great Wall to form JV in China to produce MINI electric vehicles

BEIJING – BMW Group and Great Wall Motor Co., Ltd. signed a letter of intent on February 23 in Beijing to form a joint venture in China to exclusively produce MINI electric vehicles, the companies said in separate statements. The next steps, according to BMW Group, will be to agree on

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China’s premium car market in 2017: Sales top 2.57 million units, some dealers earn more than £¤100 million

Who was the winner? It depends In December 2017, 12 premium car brands sold 247,375 vehicles in China, up 23.4 percent year-on-year and 4 percent more than the previous month. Total sales for 2017 were 2,574,689 units, up 18.4 percent. In 2018, the premium car market is expected to continue

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MIIT to issue measures on NEV battery recycling system in 2018

BEIJING – The Ministry of Industry and Information Technology (MIIT) is expected to release the Interim Measures on the Administration of New Energy Vehicle Power Battery Recycling this year to promote recycling of NEV power batteries, according to a working guideline on industrial energy conservation and application in 2018 published

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Geely and VIA Motors to co-develop electric trucks for launch in China and Americas in 2019

OREM, Utah – Geely New Energy Vehicle Co., Ltd., a subsidiary of Geely Commercial Vehicle Group under Geely Holding Group, has completed an exclusive agreement with VIA Motors International Inc., a U.S.-based leading manufacturer of electric and hybrid drive systems offering a range of extended range (EREV) and EV commercial

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Recaro to distribute performance aftermarket seats in China via new JV in Q1 2018

SHENZHEN – Recaro Automotive Seating, Adient’s premium brand and the world’s leading manufacturer of performance car seats, said in a statement on February 8 that it has established a new sales joint venture in China to distribute its performance seats for the country’s aftermarket starting in Q1 2018. Adient (Shenzhen) Performance

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Groupe PSA acquires controlling interest in Chinese spare parts distributor Jianxin

SHANGHAI – Groupe PSA said in a statement on February 9 that it has acquired a controlling stake in Chinese automotive spare parts distributor Shanghai Jianxin Enterprise Management Co., Ltd. to accelerate the French automaker’s rollout of its aftermarket offerings in China, a market that represents about 130 million vehicles. By

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