The Motley Fool, March 16, 2018 China has long been the promised land for many global automakers, and it's not difficult to imagine why: In 2007, China accounted for roughly 10% of global auto sales, and in 2017, that had jumped to roughly 30%. Not only...
The Wall Street Journal, March 18, 2018 Baidu, Alibaba and Tencent are betting the auto industry will shift from selling hardware to selling subscriptions to internet-equipped autonomous cars [caption id="attachment_16883" align="alignnone" width="1260"] Baidu, Alibaba and Tencent are colonizing an auto industry increasingly reliant on artificial intelligence, software...
CNN Money, February 26, 2018 One of the richest men in China has made a big bet on an icon of Europe's automotive industry. Li Shufu, the billionaire chairman of Chinese car maker Geely (GELYF), invested about $9 billionbuying a stake of almost 10% in Daimler (DDAIF),...
Bloomberg News, February 26, 2018 [caption id="attachment_16868" align="aligncenter" width="400"] Li ShufuPhotographer: Charles Pertwee/Bloomberg[/caption] A dozen years ago, Chinese carmaker Geely announced its arrival on the global stage with a giant “I Am Geely” sign over its stand at the Frankfurt Auto Show. Last week, Geely founder Li...
South China Morning Post, February 21, 2018 Guangzhou government officials participate in test flight though some are doubtful flying taxis will become reality anytime soon by Zen Soo [caption id="attachment_16855" align="aligncenter" width="650"] An Ehang executive gives the thumbs up during a manned flight of the passenger drone earlier...
Asia Times, February 21, 2018 Green vehicle market undergoes tremendous changes following sales record of 700,000 units in 2017 The year 2018 is expected to witness the rapid development of new energy cars, and Chinese electric vehicle start-ups, including NIO, Xiaopeng, Singulato and Weltmeister, are all expected...
Automotive News, February 14, 2018 Tesla Inc., the biggest-selling electric carmaker in the U.S., is in danger of being relegated to an expensive niche in China because Elon Musk can't clinch a deal to open a factory there. More than seven months after Tesla said it was...
YiCai Global, December 19, 2017 (Yicai Global) Dec. 19 -- Telematics is the new trend in the auto industry, and electrified and simpler powertrain systems give new entrants in the market the opportunity to overtake the world’s major automakers by changing to the fast lane. The three...
The Financial Times, February 7, 2018 Ride-hailing company aims to use partnerships to boost vehicle-sharing services Chinese ride-hailing group Didi Chuxing has signed partnership agreements with 12 car companies to help them market auto-sharing services and electric vehicles. The move by the group, which has a near-monopoly in...
The Financial Times, February 1, 2018 Fledgling homegrown producers of electric vehicles take on Tesla and foreign giants [caption id="attachment_16821" align="aligncenter" width="300"] A prototype electric car from Byton, one of the up and coming Chinese start-ups[/caption] From Alibaba in e-commerce to Didi Chuxing in ride-hailing, Chinese start-ups have changed...
