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Hongqi HS3 to hit market on July 17
The Hongqi HS3, a brand-new compact SUV featuring the brand's new design language and a competitive 2,770mm wheelbase, will officially hit the market on July 17. The model is currently available for pre-sales with a starting price of 150,000 yuan.
FAW Jiefang expects net profit to surge by 123%-147% in H1 2023
Chinese commercial vehicle maker FAW Jiefang announced that it expects a substantial year-on-year increase of 123.33%-146.84% in net profit for the first half of 2023, reaching 380 million yuan to 420 million yuan. The company's balanced growth across various segments, particularly medium and heavy-duty trucks, as well as light trucks, has contributed to this impressive result, while overseas exports achieved a historic high.
JD Logistics partners with AutoCore.ai to develop intelligent driving systems
JD Logistics signed a cooperation agreement with AutoCore.ai to jointly develop end-to-end, intelligent driving systems for the logistics industry. The collaboration aims to support the large-scale deployment and normalized operation of intelligent driving systems across various road environments and cost structures.