- SKF inaugurates Changshan production base’s Phase II
On May 18th, the Sweden-headquartered ceramic ball bearing provider SKF held an opening ceremony for the second phase of its tapered roller bearings and cylindrical roller bearings production base in ...
May 22 , 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
- 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