CAR inc.

Autonomous Driving Goes Abroad: Why Singapore Is the First Stop in Southeast Asia

When Chinese autonomous driving technology companies set their sights on Southeast Asia, Singapore almost invariably becomes the “first coordinate” on every roadmap. In 2025, Singapore has offered not only certainty for those planning to enter, but also a stage for those already here.

Week's Go Global Information Gap (11/23–11/29): The US launched the AI "Genesis Project"

Amid fast-paced changes that fill the business community with excitement, angst and trepidation, EqualOcean will publish a series of roundup articles to document the major events related to Chinese companies going global every week.

China and U.S. Agree to Pause Certain Tariffs and Export Restrictions

​On October 30, China’s Ministry of Commerce (商务部) officially released the outcomes of the China–U.S. trade consultations held in Kuala Lumpur. Building on the consensus reached during the China–U.S. presidential meeting in Busan, the two countries’ economic and trade teams achieved substantive breakthroughs on key issues such as tariffs and export controls, providing a strong boost of confidence to the global economy.

After Luckin Rout, Is CAR a Good Bet?

The Luckin fraud has dragged the price of CAR Inc. (Beijing China Auto Rental Co.) to a historically low level, making it an ideal target for OEMs and PEs.

BAIC Reconsiders the Acquisition of CAR after SAIC Terminates Bid

Shanghai's state-owned car carmakers SAIC have announced that they have decided to forgo the acquisition of the car rental service provider, CAR. It is reported that Beijing equivalent BAIC will, therefore, reconsider its previous takeover bid.