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LeEco crisis prompts its peers to rethink cross-border car building

CHJ Automotive, WM Motor, Singulato, AIWAYS and Hongxing Auto are considering forming an alliance to pool resources, developing joint technology and a common EV platform to bring more quickly models to the market, according to a Reuters report in late July (Freeman Shen, founder and CEO of WM Motor, has

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China to step up autonomous driving efforts

Chinese internet search and tech giant Baidu detailed its Project Apollo at the Baidu Create 2017, or its first artificial intelligence (AI) developer conference held in Beijing on July 5 (see FEATURE on p. 1). Video clips displayed at the event showed its CEO Robin Li riding in an autonomous

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CAFC + NEV “dual credit” policy update sets auto industry on new path

China has established a new blueprint for its auto industry on June 13 by updating draft policies involving Passenger Vehicle Corporate Average Fuel Consumption (CAFC) and New Energy Vehicle Credits. Quite similar with the first edition released last September by the Ministry of Industry and Information Technology (MIIT) , this

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NEV industry to be driven with more market forces

The government reaffirmed its strong support for the NEV industry. Three ministries including the Ministry of Industry and Information Technology (MIIT) jointly released their mid- and long-term plan for the auto industry on April 25. In a 10 year period to propel the nation into an automotive powerhouse, China will

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