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China Tech Digest: GAC, Huawei To Develop Self-driving Vehicles; Brain-Computer Interface Project Launched in Shanghai

Total0 GAC Group cooperates with Huawei to jointly develop L4 self-driving vehicles Guangzhou Automobile Group announced that it will cooperate with Chinese smartphone maker Huawei to jointly develop L4 self-driving vehicles and plans to mass-produce them in 2024. Didi plans to submit documents for listing in U.S. this month According to market sources, Didi Chuxing plans to submit documents for listing in the United States this month. China’s sales of new energy vehicles in 2021 is expected to be 2 million units According to Joint Advisory Committee of China Passenger Car Market, the sales of China’s new energy vehicles in 2021 will be 2 million units, showing a high start, and the month-on-month trend was better than expected, mainly driven by the launch of new products.

Chinese Auto Sales Reportedly Rebounding Robustly

Chinese Auto Sales Reportedly Rebounding Robustly The China Association of Automobile Manufacturers (CAAM) is reporting its home market grew 74.9 percent in March, resulting in nearly 2.53 million new-vehicle deliveries. While we’re often skeptical of the organization’s rosy predictions and tallies, it’s claiming the recent sales surge is the direct result of how bad things had been in the previous year. China instituted some of the most aggressive lockdown protocols of any nation in the initial stages of the pandemic and had already been struggling with a declining vehicle market in 2019. CAAM is making no illusions about the gains being based on anything other than how horrible March of 2020 was and doesn’t want to overpromise moving ahead. It’s a warning that the semiconductor shortage will likely worsen as the year continues, dampening Q2 projections. But the organization has not yet revised its forecast for next year’s overall sales. Last December, CAMM predi

sales reports Archives - The Truth About Cars

By Matt Posky on April 9, 2021 The China Association of Automobile Manufacturers (CAAM) is reporting its home market grew 74.9 percent in March, resulting in nearly 2.53 million new-vehicle deliveries. While we’re often skeptical of the organization’s rosy predictions and tallies, it’s claiming the recent sales surge is the direct result of how bad things had been in the previous year. China instituted some of the most aggressive lockdown protocols of any nation in the initial stages of the pandemic and had already been struggling with a declining vehicle market in 2019. CAAM is making no illusions about the gains being based on anything other than how horrible March of 2020 was and doesn’t want to overpromise moving ahead. It’s a warning that the semiconductor shortage will likely worsen as the year continues, dampening Q2 projections. But the organization has not yet revised its forecast for next year’s overall sales. Last December, CAMM predicted roughly 26.3

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