Mobility giants Didi, Hellobike reportedly raise funding as competition looms

Chinese ride-hailing firm Didi Chuxing is reportedly raising up to $2 billion from investors while bike-rental company…


Chinese firms should focus on capital efficiency: GGV Capital

https://www.youtube.com/watch?v=gg9boUM8vbY&feature=youtu.be  If you can’t see the YouTube player above, try…


In this image from Alibaba, a car equipped with Alibaba’s vehicle operating system AliOS is parked outside a gas station in Beijing in February 2018. (Image credit: Alibaba)

Alibaba vies for control in reportedly rocky tie-up with China's top automaker

In this image from Alibaba, a car equipped with the company's vehicle operating system AliOS is parked outside of a…


Xpeng Motors accused of offloading old models days before new launch

The Xpeng G3 2020 Edition, released by Xpeng Motors on July 10, 2019. (Image credit: Xpeng Motors) Electric vehicle…


Guangzhou sets sights on becoming ‘China’s Detroit’ after failing to lure Tesla

Guangzhou’s municipal government unveiled plans to become “China’s Detroit” by setting targets of nearly double…


(Image credit: Shouqi Limousine & Chauffeur)

Ride-hailing service Shouqi to turn a profit by year end: CEO

(Image credit: Shouqi Limousine & Chauffeur) Shouqi Limousine & Chauffeur, a ride-hailing service backed by…


BMW partners with China Unicom on 5G driverless cars

Tmall Genie Voice Assistant in BMW vehicles. (Image credit: BMW) BMW China on Wednesday announced it has teamed up with…


China refines NEV mandate policy to boost overlooked hybrid vehicles

China is working on changing the new energy vehicle (NEV) mandate policy, also known as dual credit policy, in an…


Didi raises fares in Beijing in a bid to ease driver shortages

(Image credit: Didi) Didi announced on Monday that it will raise ride fares in the capital city of Beijing beginning…


Huawei granted mapping license for autonomous driving push

'5G is ON' at Huawei's massive booth at MWC Shanghai on June 26, 2019. (Image credit: TechNode/Jiayi Shi) Huawei…