- Chinese auto supplier Beijing West Smart Mobility raises 2 billion yuan in Series A financing
Beijing West Smart Mobility Zhangjiakou Automotive Electronics Co., Ltd., a Chinese supplier of automobile chassis suspension and braking systems, announced the completion of a Series A funding round ...
June 13 , 2023
- Volvo Cars scores two-digit YoY, MoM growth in May sales of Chinese mainland
With a total of 14,061 vehicles sold in May, Volvo Cars witnessed a remarkable year-on-year surge of 48.7% and a month-on-month increase of 12.6% on Chinese mainland.
June 05 , 2023
- NETA Auto hits 300,000-unit vehicle production mark
NETA Auto, the Chinese new energy vehicle (NEV) maker under HOZON Auto, saw its 300,000th mass-produced vehicle roll off the production line, according to the company's press release.
May 31 , 2023
- Chinese autonomous driving startup Hyperview bags additional investment from Prosperity7 Ventures
Hyperview, a Chinese autonomous driving solution provider, Hyperview, today announced it has received additional investment of tens of millions of yuan from Prosperity7 Ventures, a diversified growth ...
May 26 , 2023
- Chinese LiDAR maker Hesai Technology turns profitable in Q1 2023
Hesai Technology, a prominent Chinese LiDAR manufacturer, recently released its unaudited financial report for Q1 2023, showcasing a record-breaking quarterly revenue of $62.6 million, marking a su...
May 24 , 2023
- BYD’s F brand rumored to be named ‘Fangchengbao’ in Chinese
Shenzhen BYD Auto R&D Co., Ltd., a wholly-owned subsidiary of BYD Company Ltd., recently saw its corporate name changed to Shenzhen Fangchengbao (translated to “Shenzhen Formula Leopard”) Auto Sal...
May 24 , 2023
- Chinese EDA startup X-EPIC completes strategic investment in Optima Design Automation
X-EPIC, a Chinese leading intelligent software and systems provider for EDA (Electronic Design Automation), announced on May 19 via its WeChat account that it has completed the strategic investment in...
May 19 , 2023
- Bosch's capital arms invest in Chinese automotive software developer AutoCore
AutoCore.ai, a Chinese automotive software provider, announced on May 15 that it has successfully secured a strategic investment from Bosch's venture capital arms, Bosch Ventures and Boyuan Capital.
May 16 , 2023