Didi Chuxing Launches Open Carsharing Platform

Photo courtesy of DiDi Didi Chuxing (DiDi) launched its carsharing platform, partnering with automakers, new energy transportation infrastructure operators, and after-sales service providers, to build an open new energy carsharing system for the future. The network of strategic partners now includes 12 top automakers including BAIC BJEV, BYD, Chang’an Automobile Group, Chery Automobile Group, Dongfeng… Continue reading Didi Chuxing Launches Open Carsharing Platform

February 6, Geely Automobile Group released January sales announcement: single-month sales break 150,000, reaching 15,5089 units, an increase of 51%, with a record high hit the 2018 market sentiment. It is worth mentioning that, Bo Yue, …

February 6, Geely Automobile Group released January sales announcement: single-month sales break 150,000, reaching 15,5089 units, an increase of 51%, with a record high hit the 2018 market sentiment. It is worth mentioning that, Bo Yue, the new Imperial Regal, Imperial GL, Imperial GS and other eight models have sold over 10,000 vehicles, including Bo… Continue reading February 6, Geely Automobile Group released January sales announcement: single-month sales break 150,000, reaching 15,5089 units, an increase of 51%, with a record high hit the 2018 market sentiment. It is worth mentioning that, Bo Yue, …

Volvo Cars reports record operating profit of SEK14.1 billion in 2017

Volvo Cars reports record operating profit of SEK14.1 billion in 2017   Volvo Cars, the premium car maker, has reported a strong 27.7 per cent increase in operating profit in 2017, earning a record SEK14.1 billion compared to SEK11.0 billion in 2016, driven by global sales of 571,577 cars.   Net revenue for the period… Continue reading Volvo Cars reports record operating profit of SEK14.1 billion in 2017

China’s Geely takes 3pc stake in Daimler with an eye on electric car venture with Mercedes parent

Chinese carmaker Zhejiang Geely Holding Group has reportedly spent US$3 billion for a stake of just under 3 per cent in German carmaker Daimler as it aims to become a global player. The shares, which were bought on the secondary market according to Reuters, provides further evidence that Geely, controlled by billionaire Li Shufu, is… Continue reading China’s Geely takes 3pc stake in Daimler with an eye on electric car venture with Mercedes parent

China’s Didi Chuxing partners 12 automakers to build EV-sharing network

February 7, 2018 China’s Didi Chuxing is teaming up with 12 automakers including the Renault-Nissan-Mitsubishi alliance to build an electric-vehicle-sharing network in the world’s largest auto market. Didi, the dominant ride-hailing company in China, launched its car-sharing platform Wednesday, the Chinese startup said in a statement. China surpassed the U.S. as the top market for… Continue reading China’s Didi Chuxing partners 12 automakers to build EV-sharing network

Scania & Haylion Cooperation

The two companies Scania and Haylion Technologies want to work together for the development of autonomous e-vehicles. Scania Haylion cooperation signing. Source: Scania The vehicle manufacturer and VW Daughter, Scania, has been working for some time on the automation and networking of trucks, The development of technology will be pushed together with the Chinese company… Continue reading Scania & Haylion Cooperation

NVIDIA will power Continental’s self-driving car platform

Rick Wilking / Reuters German automotive components producer Continental has partnered with NVIDIA to produce a full-scale self-driving car platform. It will use the GPU maker’s autonomous vehicle hardware and software setup, DRIVE, to make a unified platform that prospective automakers and others can build their own self-driving cars upon. NVIDIA will provide the Xavier… Continue reading NVIDIA will power Continental’s self-driving car platform

Geely wants to join Daimler

The Chinese car giant Geely wants to join Daimler. According to media reports, the Chinese automaker Geely is to enter Mercedes-Benz and buy large blocks of shares there. Geely also owns the company Volvo, which is also active in the field of autonomous driving and especially with Uber work together. Mercedes-Benz is also developing autonomous… Continue reading Geely wants to join Daimler