Market & Industry
China’s auto chip supplier indiemicro bags 300 million yuan in Series B financing
China’s auto chip supplier indiemicro bags 300 million yuan in Series B financing

China’s automotive chip solution developer Indie Microelectronics (indiemicro) announced on December 12 that it has received 300 million yuan ($43 million) in Series B financing.

Dec. 13 , 2022
Automotive LiDAR chip supplier Fortsense closes Series C financing
Automotive LiDAR chip supplier Fortsense closes Series C financing

Shenzhen-based integrated circuit developer Fortsense announced on December 12 the completion of its Series C financing which raised for the company several hundred million yuan.

Dec. 13 , 2022
Dongfeng Motor Group sees Nov. NEV sales jump 36.63% YoY
Dongfeng Motor Group sees Nov. NEV sales jump 36.63% YoY

In November, Dongfeng Motor Group Company Limited (Dongfeng Motor Group) sold 153,898 vehicles, representing a 42.22% decline from a year ago.

Dec. 13 , 2022
Gasgoo Daily: BYD introduces Atto 3 to Malaysian market
Gasgoo Daily: BYD introduces Atto 3 to Malaysian market

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. 9 , 2022
Great Wall Motor sees overseas sales leap 33.87% YoY in Nov. 2022
Great Wall Motor sees overseas sales leap 33.87% YoY in Nov. 2022

Great Wall Motor ("GWM") sold 87,560 vehicles in Nov. 2022, representing a 28.53% year-on-year decrease, according to the company's latest monthly sales results.

Dec. 9 , 2022
EV startup BeyonCa names former Mercedes-Benz designer as China chief designer
EV startup BeyonCa names former Mercedes-Benz designer as China chief designer

BeyonCa, the luxury smart electric vehicle brand founded by former Volkswagen China’s iconic figure, Soh Weiming, appointed Lucas Colombo as its China Chief Designer on December 7.

Dec. 9 , 2022