Market & Industry
Leapmotor's April deliveries jump 41% MoM
Leapmotor's April deliveries jump 41% MoM

In the fourth month of 2023, Chinese new energy vehicle startup Leapmotor achieved a double-digit increase in auto deliveries compared to the previous month.

May 4 , 2023
NIO, NXP ally on 4D imaging radar deployment
NIO, NXP ally on 4D imaging radar deployment

NXP Semiconductors (NXP) announced on May 2 that NIO, Chinese smart new energy vehicle startup, will leverage NXP's cutting-edge automotive radar technology, including its state-of-the-art imaging radar solution.

May 4 , 2023
SAIC Motor-CP breaks ground on new industrial park in Thailand for NEV parts production
SAIC Motor-CP breaks ground on new industrial park in Thailand for NEV parts production

SAIC Motor-CP Co., Ltd. broke ground on a new industrial park in Chon Buri, Thailand to produce core auto parts related to new energy vehicles locally.

May 4 , 2023
ZD Automotive closes Series A financing round
ZD Automotive closes Series A financing round

ZD Automotive, an automotive R&D solution provider, has successfully completed its hundred-million-yuan-level Series A financing with China Merchants Capital as the lead investor.

Apr. 28 , 2023
BAIC Group plans to pour at least 50 billion yuan in R&D over next five years
BAIC Group plans to pour at least 50 billion yuan in R&D over next five years

BAIC Group's deputy General Manager, Gong Yueqiong, revealed that in the next five years, BAIC Group will invest at least 50 billion yuan in R&D of the technologies related to intelligent new energy vehicles.

Apr. 28 , 2023
Schaeffler signs MoU to step up local R&D, investment in Nanjing city
Schaeffler signs MoU to step up local R&D, investment in Nanjing city

On April 21st, Schaeffler signed a memorandum of understanding (“MoU”) with the management committee of Nanjing Jiangning High-tech Development Zone to further strengthen cooperation in production and R&D.

Apr. 28 , 2023