- NavInfo expects to turn loss into profit in 2021 annual performance
China’s major navigation player, NavInfo, was projected to see a turnaround from loss to profit as high as RMB131 million ($20.61 million) according to its 2021 annual performance preannouncement.
Jan. 17 , 2022
- Desay SV expects 2021 net profit to grow over 54% YoY thanks to automotive intelligence business
China's well-known auto parts supplier, Desay SV, concluded a rather lucrative year, according to the company's 2021 annual performance projection released on January 10th.
Jan. 11 , 2022
- Ambarella, MAXIEYE’s ADAS product start delivery, upgraded version coming in 2022
Well-known fabless semiconductor developer, Ambarella has sublimed its cooperation with China’s ADAS developer, MAXIEYE, with their collaborated MAXIPILOT®1.0 Level 2 intelligent cruise control sys...
Dec. 31 , 2021
- ABB China to become shareholder of Hasco Shanghai's subsidiary at 40%
China’s auto parts conglomerate Hasco Group's subsidiary, Hasco Shanghai has struck a package deal with ABB Group’s China subsidiary, ABB China, regarding joint venture and capital increase aspect...
Dec. 30 , 2021
- China’s auto chip developer ChipON bags hundreds of million RMB in C1 round
China’s auto-grade chip developer, ChipON has completed its C1 round of financing, raising hundreds of millions of RMB.
Dec. 29 , 2021
- Lear, Great Wall Motor inks strategic cooperation MOU
China’s major automaker, Great Wall Motor, announced that it had signed a strategic cooperation memorandum of understanding with the world-leading automotive supplier, Lear.
Dec. 22 , 2021
- Gasgoo Daily: NIO’s founder names Mercedes, BMW, Audi as rivals
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.
Dec. 21 , 2021
- Telecom giant ZTE partners with Neusoft Reach for automotive OS
China’s telecom giant ZTE has signed a strategic partnership framework agreement with China’s major software company Neusoft Reach, to develop an automotive operation system that meets the market...
Dec. 20 , 2021
