Market & Industry
CATL leads 5mln yuan C round in Chinese drive-by-wire supplier NASN
CATL leads 5mln yuan C round in Chinese drive-by-wire supplier NASN

Shanghai NASN Automotive Electronics Co. Ltd. recently announced it has raised 500 million yuan ($78.465 million) in the Series C funding, which was led by the investors like CATL, BOCGI, CMG-SDIC Capital, and GL Ventures.

Dec. 22 , 2021
CATL’s battery manufacturing base in Fuding, Ningde begins production
CATL’s battery manufacturing base in Fuding, Ningde begins production

On Dec. 21, the No.2 workshop at CATL’s Fuding lithium battery manufacturing base first phase was put into operation, according to a local media outlet, meaning the battery giant’s largest single lithium-ion battery base officially began production.

Dec. 22 , 2021
Gasgoo Daily: NIO’s founder names Mercedes, BMW, Audi as rivals
Gasgoo Daily: NIO’s founder names Mercedes, BMW, Audi as rivals

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.

Dec. 21 , 2021
Car and City: Shanghai's insurance registrations of new vehicles in Oct. 2021
Car and City: Shanghai's insurance registrations of new vehicles in Oct. 2021

Among the homebred PVs registered in Shanghai in Oct., 17,139 units were new energy vehicles (NEVs), representing a 68.8% surge compared to the year-ago period, according to the CBIRC.

Dec. 17 , 2021
Gasgoo Daily: Li Auto incorporates new sales company in Luoyang
Gasgoo Daily: Li Auto incorporates new sales company in Luoyang

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.

Dec. 17 , 2021
Chinese power chip designer Marching Power closes 500 mln yuan Series C round
Chinese power chip designer Marching Power closes 500 mln yuan Series C round

Chinese power chip designer Marching Power announced on Dec. 16 it has secured over 500 million yuan ($78.51 million) in the Series C round, which was led by CDH Investments.

Dec. 17 , 2021