Market & Industry
RoboSense said to score biggest LiDAR investment in history, led by Xiaomi
RoboSense said to score biggest LiDAR investment in history, led by Xiaomi

RoboSense, one of China’s leading LiDAR suppliers, is reportedly to finish the largest single investment round in the automotive LiDAR industry, possibly exceeding RMB2.4 billion ($379.3 million), a local media outlet reported.

Feb. 25 , 2022
Li Auto invests in power battery maker Sunwoda EVB
Li Auto invests in power battery maker Sunwoda EVB

Chinese power battery maker Sunwoda Electric Vehicle Battery Co., Ltd. (“Sunwoda EVB”) will increase capital by introducing 19 investors.

Feb. 25 , 2022
Gasgoo Daily: BYD Tang EV said to hit market in April
Gasgoo Daily: BYD Tang EV said to hit market in April

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.

Feb. 24 , 2022
Tesla to expand auto parts production in Shanghai Gigafactory
Tesla to expand auto parts production in Shanghai Gigafactory

Tesla is planning to add new manufacturing shops dedicated to expand auto parts production in its Shanghai Gigafactory, according to Tesla's environmental impact assesment report released on December 22nd.

Feb. 23 , 2022
Car and City: Jan. 2022 registrations of HUAWEI-powered SERES SF5
Car and City: Jan. 2022 registrations of HUAWEI-powered SERES SF5

Registrations of the SERES SF5, the smart electric vehicle model that’s co-developed with ICT giant HUAWEI's HiCar Solutions, have significantly plummeted month over month in the first month of 2022.

Feb. 23 , 2022
SGMW to launch first family-use 7-seater MPV bearing Wuling global silver logo
SGMW to launch first family-use 7-seater MPV bearing Wuling global silver logo

SAIC-GM-Wuling claimed on Wednesday the second strategic model bearing Wuling's global silver logo, named Wuling Jiachen (in Chinese), will be launch soon.

Feb. 23 , 2022