- Xiaomi-affiliated fund invests in Chinese in-car audio solution provider ZAFEN
Shanghai ZAFEN Automotive System Co., Ltd., a Chinese in-car acoustic solution provider, recently completed its Series A+ equity financing, which was backed by Beijing Xiaomi Intelligent Manufacturing...
Mar. 14 , 2023
- Xiaomi-affiliated fund invests in Chinese in-car audio solution provider ZAFEN

- U Power to adopt Renesas’ chips for building of UP Super Chassis
At the UP DAY 2023, a significant tech event held on March 7, U Power, a Chinese skateboard chassis developer, announced its cooperation with the world’s leading semiconductor chip supplier Renesas ...
Mar. 08 , 2023

- China’s LiDAR firm Leantool closes Series A financing
Wuhan Leantool Sensor Technology Co., Ltd. (“Leantool”), a Chinese LiDAR developer, recently closed its Series A financing with tens of millions of yuan raised, according to a press release.
Feb. 28 , 2023

- Chinese chassis-by-wire firm Trugo Tech closes Series A, A+ rounds
Shanghai Trugo Technology Co. Ltd. (“Trugo Tech”) today announced via its WeChat account it has completed its Series A and A+ financing rounds with over 100 million yuan ($14.547 million) raised i...
Feb. 21 , 2023

- Chinese EV charging/discharging tech developer XY Power closes Series A funding
Xi'an XY Power recently announced the completion of its Series A financing.
Feb. 21 , 2023

- China’s intelligent driving solution provider Fullong Technology closes angel round
Fullong Technology, a Chinese advanced driver-assistance system developer, recently completed its ten-million-yuan-level angel round, from which the proceeds will be mainly used for the R&D and upgrad...
Feb. 20 , 2023

- SVOLT’s subsidiary teams up with Miracle Automation on battery raw materials recycling
Tengqingqing Recycling Resources (Shangrao) Co., Ltd., a wholly-owned subsidiary of Chinese power battery maker SVOLT, and Miracle Automation announced the establishment of a 51/49 JV to conduct coope...
Feb. 10 , 2023

- NOVOSENSE, Road-Broad to work on wheel speed sensor localization project
On Feb. 8, NOVOSENSE Microelectronics announced the cooperation with Road-Broad Automotive Electronics (Qufu) Co. Ltd. on a localization project of the wheel speed sensor.
Feb. 09 , 2023








