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About this website
Founded in 2015 by automotive industry veteran Li Wei and former Baidu executive Zhang Min, this digital automotive platform began as a small startup aiming to revolutionize how Chinese car buyers research and purchase vehicles. Backed by BitAuto, one of China's largest automotive information providers, the platform quickly gained traction by addressing a critical gap in the market: the lack of transparent, data-driven vehicle evaluations. By 2020, the platform had grown to serve over 30 million monthly active users and captured approximately 12% of China's online automotive research market, generating an estimated $500 million in annual revenue from its suite of digital services.
The platform distinguishes itself through two innovative features. Its Real-Time Pricing Tracker aggregates data from over 2,000 dealerships across 300 cities, providing users with live price comparisons and historical trends for specific vehicle models. This tool helps consumers negotiate with dealers by showing average selling prices and discount rates in their region. Another standout offering is the Virtual Test Drive Lab, which uses 3D modeling and augmented reality to simulate driving conditions. Users can adjust variables like road surface, weather, and traffic density to evaluate a car's performance in scenarios they might encounter daily, with accurate feedback on acceleration, braking, and handling. This feature has been praised for its ability to reduce post-purchase regret by helping buyers choose vehicles that match their driving habits.
The platform's parent company, BitAuto, played a pivotal role in its expansion, integrating its vast database of automotive reviews, owner feedback, and technical specifications. Strategic partnerships with major automakers like BYD and Geely further enhanced its credibility, allowing it to publish exclusive insights and early access to new mo
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