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China BAK to supply additional 1,000 Li-ion battery packs to Chery for M1 EV

Green Car Congress

announced a new contract to supply high-power Li-ion batteries to Chery Automobile. Under the contract, China BAK will deliver 1,000 lithium-ion high-power battery units in 2012 to power Chery’s Ruilin M1 electric cars. China BAK will hold a joint press conference with Chery in mid-April in Tianjin.

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NVIDIA, Baidu partner to accelerate AI; cloud data centers, self-driving cars and the home

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Speaking in the keynote at Baidu’s AI developer conference in Beijing, Baidu president and COO Qi Lu described his company’s plans to work with NVIDIA to: Bring next-generation NVIDIA Volta GPUs to Baidu Cloud. NVIDIA and Baidu have a long history of working together on AI.

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China to Encourage Consolidation in Auto Industry; Push to Increase Market Share of Domestic Automakers

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China’s central government plans to implement a new policy in the first half of this year to encourage auto industry consolidation and further the development of Chinese-brand passenger vehicles, an official from the Ministry of Industry and Information Technology said at a recent news conference. of the total. Sales of domestic sedans hit 2.22