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CEBIT 2018: Huawei debuts OceanConnect IoV Platform to digitize every vehicle

HANNOVER, Germany – At the recently concluded CEBIT 2018, Huawei released its OceanConnect IoV (Internet of Vehicles) Platform enabling intelligent and connected vehicles, service transformation for automobile manufacturers, and the evolution of intelligent transportation. IoV is driving deep integration between ICT and the automotive industry, and an IoV Platform is

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Xu Changming: policy-driven NEV market to face development bottleneck

BEIJING – China’s policy-driven new energy vehicle market has been growing at a high speed for four consecutive years, but it will soon face development bottleneck, according to Xu Changming, deputy director of the State Information Center (SIC). Xu made the prediction at the China EV100 Forum 2018 held in

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China’s first large-scale integrated ICV test base starts construction

CHONGQING – China’s first large-scale integrated intelligent connected vehicle (ICV) test base, wholly created by China Automotive Engineering Research Institute Co., Ltd. (CAERI) and planned by National Motor Vehicle Quality Supervision and Inspection Center (Chongqing), officially started construction in Chongqing on January 18. This ICV test base is planned to

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Leapmotor gets Pre-A round financing from Sequoia Capital China

WUZHEN, Zhejiang – Smart EV startup Zhejiang Leapmotor Co., Ltd. announced on December 4 that it has received a Pre-A round financing from Sequoia Capital China as the two sides signed an investment framework agreement in Wuzhen, Zhejiang Province on the sidelines of the World Internet Conference which opened on

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It’s coming! Four driverless buses begin test operation in Shenzhen

SHENZHEN – Four buses carrying Alphaba Intelligent Driving Bus System started test operation inside the Futian Free Trade Zone (FFTZ) in Shenzhen on December 2, garnering great media frenzy as it was the first time that driverless buses were put into test operation on open roads. The four buses, which

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Xu Changming: Annual auto sales could grow another 50 percent to 42 million units

BEIJING – China’s auto market has the potential to grow another 50 percent from last year’s levels to 42 million units, predicted Xu Changming, deputy director of the State Information Center (SIC). Xu made the prediction at the 5th China-Korea Auto Industry Development Conference organized by  SIC’s Department of Information

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Continental and China Unicom open new JV to provide ITS solutions in China

SHANGHAI – Continental and China Unicom Smart Connection (CUSC), a fully owned subsidiary of China Unicom, unveiled their newly formed joint venture – Unicom Continental Intelligent Transportation Technology (Shanghai) Co., Ltd. (UCIT) – on October 19 on the sidelines of the 2nd Global CCAR & IoT MNO Summit. The unveiling

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2017 IFCAID: Auto industry to see major policy changes ahead

TIANJIN – China’s auto industry will be seeing major policy changes ahead, according to senior officials from the country’s various ministries and commissions who spoke at the 2017 International Forum (TEDA) on Chinese Automotive Industry Development (IFCAID) held in Tianjin on September 8-10. Timetable being drafted to ban traditional fuel

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50:50 JV equity rule relaxation highlights new industry development roadmap

BEIJING – The Ministry of Industry and Information Technology (MIIT), the National Development and Reform Commission (NDRC) and the Ministry of Science and Technology (MOST) jointly released China’s Auto Industry Mid- to Long-Term Development Plan on April 25. The industry had been looking forward to this document for some time

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