The race to become the leader of clean energy vehicles in the world’s largest auto market is on, with more and more tie-ups established between China’s tech giants and traditional automakers.
SAIC Motor Corp. Ltd reached an agreement to buy 28.92% of the share of car rental service provider Car Inc at the price of HK$ 1.9 billion.
As SAIC-GM-Wuling Joint Venture introduces a new van to support small businesses, both of its shares and sales increased.
AutoX, a self-driving startup, announced it had completed a Pre-B round of financing worth tens of millions of dollars in late December.
Baojun released on Sunday their RC-6 vehicle, fully equipped with Huawei’s latest in-car technology including AI voice control, intelligent driving, networking and image recognition.