Baidu Wins First Driverless Permits in China for Autonomous Ride Hailing Services
Baidu received the first-ever permits on 28 April 2022 in China authorizing the company to provide driverless ride-hailing services to the public on open roads
China Internet Stats, Trends, Insights
Automotive & Mobility
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.
Baidu Q4 2021 on AI, autonomous driving; MAU grown to 622M
Baidu’s total revenues were RMB 33.1 billion (US$5.19 billion) in Q4 2021, increasing 9% year over year. Total revenues in the full year of 2021
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
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
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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
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