Jia Yueting, founder of the troubled EV start-up Faraday Future (FF), stood down as the company’s CEO on September 3, confirming recent rumours. Carsten Breitfeld, who previously helped BMW launch their i8 hybrid sports car as well as had a hand in founding another EV startup Byton will fill the vacancy.
July 15, BMW China announced that it has reached a cooperation agreement with a local mapping provider NavInfo to develop high-precision maps for autonomous driving.
Tencent Holding Ltd. and BMW Group inked a strategic Memorandum of Understanding (MoU) on Sept. 5 to deepen cooperation in the field of smart mobility. The aim is to promote the development of network intelligence in the automotive industry.
BMW Brilliance, a joint venture between BMW and Brilliance Auto, signed a strategic cooperation agreement with China’s Contemporary Amperex Technology Co. Limited (CATL) on July 17 in Beijing.
Shanghai has granted BMW a license for self-driving vehicle road testing, allowing the German auto manufacturer to be the first multinational company with whole vehicle manufacturing capabilities to test autonomous cars on roads in China.
A few days ago Taqu launched a “shared girlfriends” project that attracted lots of attention, but was eventually fined and forced into suspension. Although we are in fact witnessing the dawn of the sharing economy era, it doesn’t mean that the concept applies to everything. Many are jumping on the bandwagon and slapping on the […]
In October, 2014, Costco opened up an overseas flagship store on TMall International to give e-commerce in China a shot. On January 23rd, 2016, Costco opened a franchised store in Wuhan to give offline retail a try. On September 8th, 2017, Costco announced the opening of its first store in Shanghai, and confirmed the store […]
In early August, a batch of brand new BMW 1-series sedans showed on the streets of Shenyang. These luxury vehicles, equipped with Wifi connection, facial recognition, smart voice assistant, are shared cars which cost users only 1.5RMB per kilometer. Though it turned out that BMW Brilliance Automobile or BMW China were not behind this, luxury […]
In the mid-2017, during Shenzhen municipal CPPCC, Frank Wang, the CEO of DJI, aired his opinion of unmanned aerial vehicle (UAV). Speaking of UAV regulation, most measures are bans, which greatly limit the use of UAV as well as the application of new technologies. With the increasingly rigid air policy, DJI is going to explore […]
Within about 20 minutes, Devin had placed an order on Tmall and purchased a new car by using the “auto vending machine.” Because his Sesame credit is higher than 750, the credit approval process takes merely a few seconds to complete, can begin making the downpayment for 10%, and the new car can be driven […]