Market & Industry
Xiaomi, Dongfeng Motor-backed funds invest in Tongyu Automotive
Xiaomi, Dongfeng Motor-backed funds invest in Tongyu Automotive

China’s drive-by-wire chassis developer, Tongyu Automotive, announced the completion of its A+ financing round, which was jointly led by Hubei Xiaomi Yangtze River Industry Investment Fund and Dongfeng BOCOM Yuanjing Motor Fund.

Aug. 22 , 2022
NIO updates Banyan Digital System to 1.1.0 version
NIO updates Banyan Digital System to 1.1.0 version

NIO releases digital intelligent system update with 60+ functions

Aug. 22 , 2022
Leapmotor approved for Hong Kong IPO by China’s CSRC
Leapmotor approved for Hong Kong IPO by China’s CSRC

China’s new energy vehicle startup, Zhejiang Leapmotor Technology Co., Ltd. (Leapmotor), was granted permission by the China Security Regulatory Commission (CSRC) to issue foreign shares that are listed abroad and domestic unlisted shares overseas, o

Aug. 22 , 2022
Gasgoo Daily: Lead time of Tesla’s Model 3 shortened to 12-16 weeks in China
Gasgoo Daily: Lead time of Tesla’s Model 3 shortened to 12-16 weeks in China

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.

Aug. 19 , 2022
ARCFOX introduces new αS, αT variants
ARCFOX introduces new αS, αT variants

BAIC Group’s premium electric vehicle (EV) brand, ARCFOX, further expanded its product portfolio by introducing four new EV variants, namely the αS 525S, αS 525S+, αT 480S, and the αT 480S+.

Aug. 19 , 2022