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NewsDecember 6, 2017

BMW Launches ReachNow Carsharing Service in China

In partnership with EVCARD electric carsharing company, the BMW Group launched its carsharing service in Chengdu, China.

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NewsOctober 3, 2017

Volkswagen, eHi Car Services Partner to Expand Mobility Services

Volkswagen Group China and eHi Car Services Limited, a car rental and car services provider in China, have signed a Memorandum of Understanding to jointly explore luxury mobility-on-demand services in China.

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NewsAugust 21, 2017

eHi Announces Completion of $400M Offering

eHi Car Services Limited, a car rental and car services provider in China, has completed an offering of $400 million aggregate principal amount of its senior unsecured notes.

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NewsJuly 25, 2017

Uber Halts Service in Macau

Following a disagreement with local regulators, Uber halted its ride-hailing service in Macau, China, as of July 22.

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NewsMay 30, 2017

First Car Rental Trade Event Convenes in Guangzhou, China

Held last week in Guangzhou, China, the International Car Rental Trade Fair and Festival drew some 500 attendees and featured about 50 exhibitors.

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NewsJanuary 9, 2017

Shouqi Car Rental Receives $309M in Funding

The funding will go into expanding Beijing-based Shouqi Car Rental’s fleet, as well as improving its marketing and technology.

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NewsSeptember 6, 2016

China’s Didi Launches Car Rental Service

Didi Chuxing, a Chinese-based ride-hailing company, has launched its car rental service.

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NewsSeptember 6, 2016

eHi Car Services Announces up to $150M Loan Facilities

eHi Car Services Limited, a car rental and car services provider in China, has announced that it has entered into an up to $150 million syndicated loan facility agreement.

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NewsAugust 22, 2016

Singapore Peer-to-Peer Rental Company Opens in Shanghai

PPzuche.com, a Singapore-based peer-to-peer car rental company, has launched its long-term rental service in Shanghai.

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NewsAugust 8, 2016

Didi Chuxing to Acquire Uber China

Didi Chuxing, a China-based ride-sharing company, has announced an agreement with Uber. It will acquire all assets of Uber China for operation within mainland China.

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