- Farasis expands battery capacity through standalone efforts, joint ventures
Farasis Energy, a Chinese power battery manufacturer whose main OEM clients include Mercedes-Benz, announced in mid-September 2021 a decision to raise money for expanding its battery capacity.
Dec. 31 , 2021
- CATL leads 5mln yuan C round in Chinese drive-by-wire supplier NASN
Shanghai NASN Automotive Electronics Co. Ltd. recently announced it has raised 500 million yuan ($78.465 million) in the Series C funding, which was led by the investors like CATL, BOCGI, CMG-SDIC Cap...
Dec. 22 , 2021
- ByteDance leads A round investments of Chinese autonomous driving startup Senior.auto
China’s autonomous driving startup Senior.auto announced today that it had landed hundreds of million RMB in its Series-A round of financing, led by TikTok’s parent, ByteDance.
Dec. 21 , 2021
- Chinese power chip designer Marching Power closes 500 mln yuan Series C round
Chinese power chip designer Marching Power announced on Dec. 16 it has secured over 500 million yuan ($78.51 million) in the Series C round, which was led by CDH Investments.
Dec. 17 , 2021
- Farasis Energy, Mercedes-Benz sign supplementary deal to deepen long-term supply tie-up
Farasis Energy (GanZhou) Co.,Ltd. and its wholly-owned subsidiary Farasis Zhenjiang intend to sign with their major auto client Mercedes-Benz an agreement supplementing to a long-term battery supply d...
Dec. 17 , 2021
- Chinese premium NEV market welcomes new startup NIUTRON, first model to be delivered next Sept.
NIUTRON, a newborn auto brand founded by Li Yinan, who established electric two-wheeler company NIU Technologies, was launched on Dec. 15, indicating a new startup player joining Chinese premium smart...
Dec. 15 , 2021
- Porsche deploys home charging facilities in 228 Chinese cities by Nov.
As of November 2021, Porsche has made its home charging devices installed in 228 cities across China to serve over 5,300 consumers, the luxury carmaker stated a few days ago.
Nov. 29 , 2021
- Tesla China’s Oct. registrations slump MoM, but still top Chinese NEV startups
Tesla still outperformed its Chinese startup rivals with 13,835 China-made vehicles registered last month, while it posted a 73.4% slump compared to the previous month.
Nov. 28 , 2021
