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MIIT’s ICV development action plan targeting 30 percent penetration rates of IoV and L2 ADAS by 2020

BEIJING – China is targeting to achieve more than 30 percent penetration rates in both Internet of Vehicles (IoV), or telematics, and Level 2 advanced driver assistance systems (ADAS) on new vehicles by 2020, according to the Internet of Vehicle (Intelligent Connected Vehicle) Industry Development Action Plan released by the Ministry of Industry and Information

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IFCAID 2018: Policy loosens up, OEMs open up

TIANJIN – Future industry policies and regulations are expected to become more liberal, focusing more on post-approval supervision rather than complex approval procedures and high entry hurdles, while Chinese OEMs see open collaboration and cross-industry integration as crucial success factors in a market that has significantly opened up. That was a

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Return of the “King:” Tan Xuguang looks to build new CV super power with CNHTC

JINAN, Shandong – China Heavy-Duty Truck Group Corp. (CNHTC), China’s third largest heavy-duty truck maker, announced on September 1 at a much-awaited senior level executive meeting the appointment of Tan Xuguang, current chairman and CEO of Weichai Power Co. and Shandong Heavy Industry Group (SHIG), as Party secretary and chairman

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