- Tesla outsold by top 6 Chinese NEV startups by Aug. insurance registrations
In August, Tesla saw its China-made vehicle registrations plunged 69% from the previous month to 2,802 units, hitting the lowest monthly level since February 2020.
Sept. 29 , 2021
- Bosch sets up new investment platform for Chinese market
Bosch set up a new capital firm for deep science investment in China as part of its efforts to expand its business in the market, the biggest auto parts supplier announced today.
Sept. 27 , 2021
- NIO Capital leads Series C funding of Chinese AR tech firm Nreal
Chinese augmented reality (AR) technology company Nreal announced on Sept. 23 it nabbed over $100 in the Series C financing, which was co-led by NIO’s investment arm NIO Capital, Yunfeng Capital, an...
Sept. 23 , 2021
- SAIC invests in Momenta’s new funding round
According to local media outlet Xchuxing, Momenta has completed another new round of financing, led by General Motors which invested a total of $400 million.
Sept. 16 , 2021
- Gap between Tesla and Chinese NEV startups’ insurance registrations much narrows in July
In July, the sales gap between Tesla and Chinese NEV statrups significantly narrowed due to the sales slump Tesla suffered.
Aug. 30 , 2021
- Chinese self-driving startup FABU.AI secures 100 million yuan in Series B+ funding
FABU.AI, a Chinese autonomous driving startup, announced on August 19 it has banked 100 million yuan in Series B+ funding round from Cowin Capital and DYEE Capital.
Aug. 19 , 2021
- Chinese self-driving startup Neolix closes B round financing led by SoftBank Ventures Asia
Neolix Autonomous Vehicle, a driverless delivery vehicle startup in China, has raised hundreds of millions of yuan in the series B fundraising, the company announced on August 8.
Aug. 18 , 2021
- Chinese self-driving solution provider QCraft raises $100 million in series A+ funding
Chinese autonomous driving startup Qcraft announced on Monday it closed the A+ round financing with $100 million raised.
Aug. 16 , 2021
