Market & Industry
Geely-backed Xingji Technology gains control of smartphone maker Meizu
Geely-backed Xingji Technology gains control of smartphone maker Meizu

On July 4, Hubei Xingji Shidai Technology Co., Ltd., a Geely-backed mobile device company, signed an agreement for the strategic investment in the smartphone maker Zhuhai Meizu Technology Co., Ltd.

Jul. 4 , 2022
BYD sees H1 2022 sales rocket 162.03% YoY
BYD sees H1 2022 sales rocket 162.03% YoY

​BYD Company Limited (“BYD”) saw its monthly auto sales hit another record high of 134,036 units in June 2022, zooming up 162.74% year on year, while also growing 16.61% month on month, the company announced last Sunday.

Jul. 4 , 2022
China’s BASiC Semiconductor closes C3 funding round
China’s BASiC Semiconductor closes C3 funding round

Chinese semiconductor supplier Shenzhen BASiC Semiconductor LTD. (“BASiC” or “BASiC Semiconductor”) announced on July 1 it has closed its C3 round of financing, which was led by Technology Financial Group and Truesino Fund.

Jul. 1 , 2022
Li Auto delivers 13,024 units in June, orders for L9 surpass 30,000 in 3 days
Li Auto delivers 13,024 units in June, orders for L9 surpass 30,000 in 3 days

China’s new energy vehicle startup Li Auto witnessed overall upward movement in its June and Q2 sales volume compared to a year ago.

Jul. 1 , 2022
Zhou Song appointed new Valeo China President
Zhou Song appointed new Valeo China President

Effective from July 1, 2022, Zhou Song has been appointed as Valeo China President and will directly report to Christophe Périllat, Chief Executive Officer of Valeo, the French automotive supplier announced today.

Jul. 1 , 2022
Leapmotor June deliveries hit new high
Leapmotor June deliveries hit new high

In the sixth month of 2022, China’s new energy vehicle startup Leapmotor saw its monthly delivery volume hit a new high.

Jul. 1 , 2022