- China’s chassis-by-wire supplier LEEKR Technology secures RMB200 million in Series A investments
On May 19th, LEEKR Technology, China’s chassis-by-wire system solution provider, announced the completion of its Series A and A+ rounds of investment, raising roughly RMB200 million ($29.6 million).
May 19 , 2022
- Cummins announces renewal of joint-venture contract with CQME
Cummins and Chongqing Machinery & Electric Co., Ltd. (“CQME”), a Chinese CV component supplier, together announced on May 17 the continuation of their joint-venture partnership, according to a pos...
May 18 , 2022
- NIO-backed smart cockpit supplier Autolink launches phase II production project in Wuxi
NIO-invested Chinese intelligent cockpit supplier Autolink officially launched phase II of its domain controller development and production base project in Wuxi city.
May 07 , 2022
- Fuel cell developer Hydrogen Craft closes Series A institutional round
Hydrogen Craft Corporation (“Hydrogen Craft”), a Chinese hydrogen fuel cell technology developer based in Zhejiang province, closed its Series A institutional round on May 5 with tens of millions ...
May 07 , 2022
- China’s Tinci Material to build new facilities for lithium battery electrolyte production
Guangzhou Tinci Materials Technology Co., Ltd. announced on May 6 it intends to use its self-raised funds to build facilities capable of manufacturing lithium battery electrolyte and recycling LFP bat...
May 07 , 2022
- China’s SEMCORP to build lithium battery separator manufacturing plant in U.S.
SEMCORP Manufacturing USA LLC, a subsidiary of Chinese paper packaging materials manufacturer SEMCORP, will set up a lithium battery separator manufacturing plant in Sideny, Ohio, United States.
May 05 , 2022
- HASCO sees increase in net profit in 2021, Q1 2022
SAIC Motor-backed auto parts supplier HUAYU Automotive Systems Company (HASCO) reported annual revenue of RMB139.944 billion ($21.17 billion) in 2021, up 4.8% year over year.
May 05 , 2022
- Gasgoo Daily: Desay SV launches production-ready ICP “Aurora”
With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.
Apr. 29 , 2022
