Baidu co-developed self-driving car to deliver in H1 2021
Weimar Motors announced on 19 January 2021 that Weimar W6, jointly developed with Baidu Apollo, rolled off the production line at Weimar Hubei base today
China Internet Stats, Trends, Insights
Autos
Chinese e-scooter maker NIU sales grew over 42% in 2020
In the fourth quarter of 2020, NIU sold 149,705 e-scooters, representing a 40.9% year-over-year growth, according to its official press release.
NIO’s vehicle delivery grew by 111% in Q4 2020
NIO delivered 7,007 vehicles in December 2020, setting a new monthly record representing a strong 121.0% year-over-year growth, according to its official press release on
5G connected car sales in China to exceed 7 million units by 2025
5G connected car sales in China will grow to 7.1 million units in 2025, accounting for 40% of the country’s total connected car sales volume,
China’s automobile sales expected to reach 25 million units in 2020
In November this year, China’s domestic automobile production and sales volume were 2.847 million and 2.77 million respectively, with a month on month increase of
Baidu earns first permit for fully driverless road tests in Beijing
Baidu Apollo was granted permission by Beijing transportation authorities for five of its vehicles to conduct fully driverless road tests.
XPeng reported revenues growth of over 300% in Q3 2020
XPeng (NYSE: XPEV) reported 8,578 deliveries of vehicles in Q3 2020, representing an increase of 265.8% from 2,345 in Q3 2019 and an increase of
Alibaba to transform BMW’s China business
BMW and Alibaba signed a Memorandum of Understanding (MoU) for a strategic partnership in Beijing this week.
SAIC Volkswagenn, Nio lead in New Energy Vehicle Quality in China
SAIC Volkswagen ranks highest in NEV new-vehicle quality among all brands in the PHEV segment in China, followed by BMW, while NIO ranks highest among
Chinese EV maker XPeng eyes for $1.11 bn IPO in the US
Chinese electric vehicle (EV) manufacturer XPeng hopes to raise up to $1.11 billion in its IPO in New York. It said on 21 August 2020
An overview of China EV market
While electric vehicles only accounted for 2.6% of global car sales last year, this is an all-time high for the industry. It’s been growing steadily at a
Meituan-bakced EV Li Auto to raise US$950M in US IPO
Meituan-bakced EV Li Auto aims to raise US$950 million in its initial public offering of 95,000,000 American depositary shares, or ADSs. Li Auto anticipates that
Baidu starts offering free robotaxi service in Changsha
Baidu has started offering its Apollo “robotaxi” service in Changsha city of Hunan Province, becoming one of the first companies to carry passengers in autonomous
How some industries in China benefiting from the novel coronavirus outbreak
While most industries are hit by the novel coronavirus outbreak (COVID-19), some sectors in China besides the e-commerce (especially fresh food e-commerce) sector see a
China has entered the “Electric Vehicle for All” era
Consensus, offer, performance and ecosystem are four hurdles towards the take-off of pure EVs. China has ticked the first two and making great progress on
CIW eBooks
eBook: Win Chinese Market with Content
This eBook shares three trends of digital content consumption in China, China’s digital content ecosystem, and how content help businesses in branding and driving sales
eBook: Small Town Youth, New Growth Engine in China
The average monthly disposable income of new small-town youths from China’s lower-tier cities is 3,730 yuan, compared with 5,401 yuan of young people in China’s
eBook: China E-Commerce Factories
E-commerce factory is the collaboration of the manufacturing industry and the internet. Under the circumstances of retail sector being depressed while the traffic of e-commerce