Market & Industry
Baidu, Geely invest $400 million in JIDU's A financing round
Baidu, Geely invest $400 million in JIDU's A financing round

On January 26th, Baidu’s JIDU announced that it had completed A round of financing, raising nearly $400 million from its parent companies, Baidu and Geely Holding.

Jan. 26 , 2022
Gasgoo Daily: Wang Fengying resigns as Great Wall Motor’s vice chairwoman
Gasgoo Daily: Wang Fengying resigns as Great Wall Motor’s vice chairwoman

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.

Jan. 25 , 2022
Su Jing said to leave Huawei's automotive solution BU
Su Jing said to leave Huawei's automotive solution BU

The head of Huawei's Intelligent Automotive Solution Business Unit (BU), Su Jing, is reportedly leaving the company before Chinese New Year, according to a local media outlet.

Jan. 25 , 2022
Roborock founder's automaking project said to decline investment from NIO Capital, Meituan
Roborock founder's automaking project said to decline investment from NIO Capital, Meituan

The CEO of China’s Roborock intelligent cleaning robot company, Chang Jing, has reportedly raised $100 million from Tencent and others at the end of 2021 for his automaking project, Luoke Auto.

Jan. 25 , 2022
Geely, Lifan’s battery swap business joint venture named Livan Automotive
Geely, Lifan’s battery swap business joint venture named Livan Automotive

Geely Automobile Holdings Limited announced on Jan. 24 the name of the joint venture it builds with Lifan Technology Co.,Ltd., namely, Chongqing Livan Automotive Technology Company Limited.

Jan. 25 , 2022
Gasgoo Daily: Tencent said to invest in another automobile startup
Gasgoo Daily: Tencent said to invest in another automobile startup

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.

Jan. 24 , 2022