NIO partnership

NIO Inc., a leading Chinese electric vehicle (EV) manufacturer, announced a partnership with Mobileye, an autonomous vehicle technology firm of Intel, on developing self-driving EVs for consumers in China and subsequently the global market.

Under the agreement, the Chinese EV maker will manufacture a self-driving system which is designed by Mobileye and will be the first of its kind, NIO said in a statement Tuesday. NIO will also produce the system for Mobileye at large scale and integrate the technology into its EV lines for consumer markets and for Mobileye’s driverless ride-hailing services.

Aston Martin launch

ASTON Martin Lagonda Global Holdings Plc. will launch its first sport-utility vehicle in Beijing this month, highlighting China’s importance as a key market for a model the company says will help double sales.

The luxury carmaker will price the DBX from US$189,900, pitching it between Lamborghini’s best-selling Urus SUV, which starts at US$200,000, and the US$165,000 Bentley Bentayga. Aston Martin is counting on the DBX to spur demand in markets where wealthy individuals tend to favor more-rugged autos, such as China and Russia. The DBX will feature a 4.0 liter twin-turbo V8 producing 550 horsepower. Orders will open Nov. 20, the same day as the Beijing event, with deliveries starting next year.

Beef, pork imports

CHINA has agreed to resume imports of Canadian beef and pork, Canadian Prime Minister Justin Trudeau announced Tuesday.

“Good news for Canadian farmers today: Canadian pork and beef exports to China will resume,” Trudeau said in a tweet. China had blocked beef and pork shipments from Canada in June. Prior to the ban, China was Canada’s third largest market for beef and its fifth largest for pork, according to government data.