- 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
- ZD Automotive closes Series A financing round
ZD Automotive, an automotive R&D solution provider, has successfully completed its hundred-million-yuan-level Series A financing with China Merchants Capital as the lead investor.
Apr. 28 , 2023
- JOYNEXT, Oritek team up on next-gen E/E architecture development
Joyson Electronics' automotive connectivity arm, JOYNEXT, signed a deep cooperation agreement with Oritek, a Chinese automotive system-on-chip (SoC) supplier, according to a statement from the latter ...
Apr. 27 , 2023
- NIO Capital invests in Chinese SiC power device company Sichain Semi
Chinese silicon carbide (SiC) power device developer Sichain Semi (“Sichain”) on Apr. 26 announced via its WeChat account that it has completed its Series A+ financing with hundreds of millions of...
Apr. 27 , 2023
- Joyson Electronics boasts 12.7% YoY increase in Q1 2023 revenue
Joyson Electronics, Chinese supplier of automotive electronics and safety solutions, saw its first-quarter revenues reach 13.22 billion yuan in 2023, representing a year-on-year increase of around 12....
Apr. 26 , 2023
- Chinese brake-by-wire system supplier Global Technology bags nearly 400 million yuan in C round
Global Technology, a Chinese brake-by-wire system provider, on Apr. 22 announced via its WeChat account that it recently closed its Series C financing with nearly 4 million yuan raised.
Apr. 23 , 2023
- NavInfo's 2022 annual revenue increases 9.37% YoY
NavInfo, the Chinese automotive intelligence product supplier, released its 2022 annual financial report on April 21, revealing an annual revenue of 3.347 billion yuan, up 9.37% year on year.
Apr. 23 , 2023
- Desay SV, SemiDrive jointly launch China-made smart cockpit domain control platform
At the Auto Shanghai 2023, major automotive electronics supplier Desay SV and Chinese automotive chip developer SemiDrive formed a strategic cooperation to jointly create a China-made smart cockpit do...
Apr. 23 , 2023