- China’s fuel cell tech developer FTXT Energy bags 555 million yuan in Series B financing
FTXT Energy Technology Co., Ltd. announced on Nov. 30 the completion of its Series B financing.
Nov. 30 , 2022
- PetroChina sets up subsidiary for NEV-related businesses
PetroChina Company Limited (PetroChina), a Chinese oil & gas producer and the listed arm of Chinese state-owned China National Petroleum Corporation ("CNPC"), recently set up a subsidiary permitted to...
Nov. 30 , 2022
- SVOLT obtains 5.1 billion yuan financial support for Huzhou base construction
SVOLT Energy Technology (Huzhou) Co., Ltd. signed an agreement with a bank consortium on Nov. 29 for a 4.5 billion worth of loan and a funding support of 600 million yuan.
Nov. 30 , 2022
- China’s Haier Group sets up auto technology subsidiary
Haier Group, a Chinese multinational home appliances and consumer electronics company, recently set up an automotive technology subsidiary in Qingdao city.
Nov. 28 , 2022
- Beijing Benz, Baosteel sign MoU for greener automotive steel supply chain
Beijing Benz Automotive Co., Ltd. and Baosteel signed a memorandum of understanding (MoU) on Nov. 22 to jointly promote the application of cleaner raw materials in the manufacturing process of complet...
Nov. 23 , 2022
- ZF starts building chassis component, AKC project at Zhangjiagang base
ZF officially broke ground on its chassis component system and active kinematics control (AKC) project at its Zhangjiang base on Nov. 19.
Nov. 22 , 2022
- Chinese battery supplier SVOLT intends to bag 15 billion yuan through IPO
SVOLT filed a draft prospectus last week for its initial public offering (IPO) and listing on the Science and Technology Innovation Board of the Shanghai Stock Exchange.
Nov. 21 , 2022
- Continental AG’s Qufu-based subsidiary inks agreement for new auto electronics project
Road-Broad Automotive Electronics (Qufu) Co. Ltd. inked a cooperation agreement with the Management Committee of Qufu Economic Development Zone on Nov. 17 to construct the second phase of Continental ...
Nov. 18 , 2022
