Baidu Q3 2022 on AI, autonomous driving; Baidu app MAU up 5%
As of the end of the third quarter of 2022, Baidu ACE smart transportation solutions have been adopted by 63 cities, up from 24 cities
China Internet Stats, Trends, Insights
Automotive & Mobility
China has 67% market share in the world’s new energy vehicles market in Sep
From January to September 2022, the sales volume of generalized new energy vehicles in China reached 9.98 million, including 2.76 million hybrid vehicles, accounting for
Baidu got permits for fully driverless robotaxi services in Chongqing and Wuhan
Baidu announced on 8 August 2022 that it has secured the first permits in China to offer commercial fully driverless robotaxi services to the public
Baidu unveiled fully autonomous vehicle Apollo RT6
Baidu unveiled on 21 July 2022 its next-generation fully autonomous vehicle (AV) Apollo RT6, an all-electric, production-ready model with a detachable steering wheel. Designed for
Chinese e-scooter maker NIU sales volume up 52% in 2021
Niu Technologies (“Niu”) revenues were RMB 986.1 million in Q4 2021, an increase of 46.7% year over year, according to its financial results.
China IoT market to account for 45% of global spend by 2025
IDC predicts that by 2025, China’s Internet of Things (IoT) market spending is expected to reach approximately US$300 billion, with an annual compound growth rate
Nio vehicle delivery more than double in Q3 2021
Deliveries of vehicles were 24,439 in Q3 2021, including 5,418 ES8s, 11,271 ES6s and 7,750 EC6s, representing an increase of 100.2% from Q3 2020 and
Baidu announced an expansion of its robotaxi fleet
Baidu held an event in the last week of October 2021 dedicated to its Apollo autonomous driving technology at Shougang Park in Beijing. The company
China’s Gen-Z a driving force for the next decade’s automobile growth
China’s automotive market would boom in the third to fourth-tier cities over the next ten years, with those born after 1995 being the dominant force
Li Auto vehicle deliveries up 111% in April 2021
Li Auto delivered 5,539 Li ONEs in April 2021, representing a 111.3% year-over-year increase and taking the cumulative deliveries to 51,715.
Baidu starts offering paid robotaxi service in Beijing on May 2
Baidu, Inc. will open fully driverless robotaxi services to the public in Beijing starting from May 2, 2021, which will be China’s first paid autonomous
Over 60% Chinese Gen-Z prefer domestic car brand; 1/4 prefer new energy vehicle
Among the potential buyers of cars in China in the next six months, the post-95 generation (born between 1995-1999) accounted for 11%, according to China
JD.com launched “deposit and delivery service” for tire shoppers
JD Auto and JD Logistics jointly introduced the “deposit and delivery service” for tires bought online through the JD.com platform. The announcement is made in
China electric vehicles (EVs) sales grew 8% to 1.3 million units in 2020
A record 1.3 million electric vehicles (EVs) were sold in China in 2020 with a year-on-year growth of 8%, comparing with 39% worldwide sales growth,
Forecast of China’s digital automobile and transportation market 2021-2025
The digital automobile and transportation market is considered to be the entire ecosystem of companies, products, and services related to automobiles and transportation infrastructure based
CIW eBooks
eBook: Win Chinese Market with Content
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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