Market & Industry
Chery Auto said to file for IPO in 2022
Chery Auto said to file for IPO in 2022

Chery Auto is reported to pursue an IPO in China’s A share market in 2022, for it is projected to gain profit over RMB1.3 billion this year.

Oct. 22 , 2021
Intelligent driving solution provider JIMU Intelligent bags 200 million yuan in Series C funding
Intelligent driving solution provider JIMU Intelligent bags 200 million yuan in Series C funding

Chinese intelligent driving solution provider JIMU Intelligent announced on Oct. 21 it has banked 200 million yuan ($31.257 million) in a Series C1 funding round.

Oct. 22 , 2021
HELLA celebrates 10th anniversary of R&D center in Nanjing, China
HELLA celebrates 10th anniversary of R&D center in Nanjing, China

it is the largest R&D center of HELLA in China and currently employs almost 500 people.

Oct. 22 , 2021
Daimler R&D Tech Center China starts operation
Daimler R&D Tech Center China starts operation

Daimler AG announced the operation of its new Beijing “R&D Tech Center China” started on Wednesday, marking another milestone in the auto giant’s strategy to explore and leverage the huge technological potential and talent of the Chinese market.

Oct. 21 , 2021
NIO-linked Avatr Technology sets up new energy subsidiary
NIO-linked Avatr Technology sets up new energy subsidiary

Avatr Technology Co., Ltd. (Chongqing) incorporated a subsidiary, named Avatr New Energy Technology Co., Ltd. (Shanghai), on October 20th, according to corporate information database Qichacha.

Oct. 21 , 2021
Lynk & Co 09 flagship SUV hits market, starting at 265,900 yuan
Lynk & Co 09 flagship SUV hits market, starting at 265,900 yuan

The Lynk & Co 09, the all-new flagship SUV under Geely and Volvo Car’s Lynk & Co brand, went on sale on Oct. 20.

Oct. 21 , 2021