– 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 Read More
time to make some predictions on the market in 2019 and beyond.
Xing, founder and CEO of Meituan, China’s leading O2O catering services
platform, recently offered a rather perplexing view on the year 2019: “It will be the worst year of the last decade but the best year
of the next decade.”
Chinese auto Read More
CHANGSHA – China Association of Automobile Manufacturers (CAAM), which releases official monthly automobile output and sales data, predicted at its 2019 China Auto Market Development & Forecast Summit on December 13 that the industry would experience zero sales growth in 2019.
Below is a roundup of forecasts made at the event Read More