Market & Industry
NIO Capital co-leads Meritech Integrated Circuits' Series A funding
NIO Capital co-leads Meritech Integrated Circuits' Series A funding

On June 14, Beijing-based chip supplier Meritech Integrated Circuits Co., Ltd. (referred to as "Meritech") announced the completion of its Series A financing round, with 100 million yuan raised.

Jun. 14 , 2023
Geely, Linglong Tire set up joint digital lab for tire technology development
Geely, Linglong Tire set up joint digital lab for tire technology development

Geely Automobile Research Institute and Linglong Tire jointly announced the establishment of the "Geely Engineering Center & Linglong Technology Center TIH Laboratory" on June 13.

Jun. 14 , 2023
SAIC Volkswagen puts Lavida XR onto market, starting at 99,990 yuan
SAIC Volkswagen puts Lavida XR onto market, starting at 99,990 yuan

On June 13, SAIC Volkswagen's Lavida family has officially launched its latest entry-level model - the Lavida XR. The new car comes with two trim levels, which are priced at 99,990 yuan and 109,990 yuan, respectively.

Jun. 14 , 2023
VOYAH nabs 15-billion-yuan credit line from six banks
VOYAH nabs 15-billion-yuan credit line from six banks

VOYAH, the premium new energy vehicle brand of Dongfeng Motor, announced today it has secured a 15-billion-yuan credit line from six banks and formed a strategic partnership with the Wuhan Economic and Technological Development Zone Investment Group.

Jun. 13 , 2023
Geely-backed ECARX sees 16% YoY jump in Q1 2023 revenue
Geely-backed ECARX sees 16% YoY jump in Q1 2023 revenue

ECARX, the Chinese automotive intelligent solution developer backed by Geely, on June 12 released its financial report for the first quarter of 2023, revealing impressive growth.

Jun. 13 , 2023
Gasgoo Daily: Saudi Arabia, Human Horizons sign $5.6 billion agreement to build automotive joint venture
Gasgoo Daily: Saudi Arabia, Human Horizons sign $5.6 billion agreement to build automotive joint venture

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.

Jun. 12 , 2023