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Speed is key: HELLA working with Chinese Enterprises to be faster in China

BEIJING – Lighting and electronics expert HELLA is working with a number of Chinese startup companies combining HELLA’s know-how and their good ideas into products to meet fast changing demand in the Chinese market driven by electrification, connectivity and autonomous driving, according to Mr. Frank Petznick, Executive Vice President of

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Dreams and anxieties: Over 90 percent of the new automotive manufacturing forces are unreliable

BEIJING – More than 90 percent of the Chinese smart EV startups, or the so-called new automotive manufacturing forces, are unreliable, and it is ridiculous to make money through software rather than selling vehicles, according to Li Xiang, founder and CEO of CHJ Automotive, one of those startups. Li made

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SAIC Capital’s partnership with Plug and Play to speed up efforts to find new industry disruptors

SUNNYVALE, California – SAIC Capital, the venture arm of SAIC Motor, China’s largest automaker by sales, announced on December 7 a strategic partnership with Plug and Play, a global startup ecosystem and venture fund specializing in the development of early-to-growth stage technology startups in 13 verticals. SAIC Capital will be

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Valeo invests Cathay CarTech Fund to focus on Chinese auto and mobility ecosystem

SHANGHAI – Valeo announced on December 11 that it has invested ¥375 million in Cathay CarTech Fund – Cathay Capital’s first RMB fund, marking the French supplier’s deeper involvement in China’s dynamic automotive and mobility ecosystem. China is the world’s largest automotive market and is leading the new mobility sector,

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WM Motor to develop vehicle information safety solutions with 360 Group

BEIJING – WM Motor announced it will cooperate with 360 Group to jointly develop vehicle intelligent network safety solutions. WM Motor’s mass production vehicles in the future will be 100 percent connected with intelligent network systems, said Freeman Shen, founder, chairman and CEO of WM Motor, at an internet safety

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CHJ Automotive and Brilliance to team up on smart EV R&D, supply chain and manufacturing

SHENYANG, Liaoning – CHJ Automotive and Brilliance Automotive Group signed a strategic cooperation agreement here on September 1 where the two will team up on smart EV R&D, supply chain and manufacturing and utilize and share their respective resources and advantages. The signing of the agreement provides CHJ Automotive and

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Behind the trillion RMB investment and 20 million capacity in NEVs

– by Liu Xiaolin, Gao Feichang, Jiang Jingyi, Wan Xuefei, Hu Wenwen, Li Yueting and Wang Xiaoyan Wuhan is unhappy that Chengdu had a higher GDP in 2016 and Dongfeng-Peugeot-Citroën Automobile Co., Ltd. chose to invest in another plant in the capital of Sichuan Province. It implies a crucial role

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Youxia to produce smart electric vehicles in Huzhou

HUZHOU, Zhejiang – Shanghai Youxia Motors Co., Ltd. (Youxia) signed a cooperation agreement on April 19 with the government of Wuxing District of Huzhou City, Zhejiang Province to build a vehicle production plant in the city.   Youxia’s vehicle production project in Huzhou has a total investment of ¥11.5 billion

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