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ZF and Baidu announce new strategic cooperation on autonomous driving

FRANKFURT – ZF and Chinese internet search giant Baidu announced on September 12 a new strategic cooperation where the two intend to collaborate in the areas of autonomous driving and telematics as well as mobility services to develop extensive technical solutions for autonomous driving in China. ZF and Baidu intend

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LeTV to independently develop key EV battery components

BEIJING – LeTV is independently developing key EV battery components including electric motor, electric control, battery module and battery management system as well as systems integration for its upcoming Super Car, according to Fu Zhenxing, vice president of LeTV Super Car in charge of R&D. Fu made the comments at

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China to relax equity share control, but not overnight

At a recent news conference, MIIT (Ministry of Industry and Information Technology) spokesman Xiao Chunquan told reporters that China would relax equity share control of joint venture vehicle manufacturers and his ministry would be working on specific procedures in doing so. A revision of the China’s current automotive industry policies

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