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Happy New Year!

It’s time to make some predictions on the market in 2019 and beyond. Wang Xing, founder and CEO of Meituan, China’s leading O2O catering services platform, recently offered a rather perplexing view on the year 2019: “It will be the worst year of the last decade but the best year of the next decade.” The Chinese auto

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Five million, ¥5 billion and ¥30 billion: wild wild east

Annual output capacity of 5 million vehicles, a loss of ¥5 billion and an ambitious target to finance ¥30 billion by the end of 2019. Those were the memorable numbers this week involving three Chinese smart EV startups as they continue to defy industry logic and completely turn the industry upside

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