Market & Industry
Xiaomi invests in another automotive parts supplier
Xiaomi invests in another automotive parts supplier

KH Automotive Technologies Co., Ltd. (KHAT), has added Xiaomi-backed joint venture company Yangtze River Xiaomi Industry Fund to its list of shareholders, with an RMB700,000 increase in registered capital, according to Tianyacha.

Sep. 15 , 2021
Xiaomi partners with vehicle MCU company YTMicro with strategic investments
Xiaomi partners with vehicle MCU company YTMicro with strategic investments

China's tech giant Xiaomi, who recently joined the intelligent automaking industry, has entered into a strategic agreement with China's auto-grade MCU company, YTMicro, whose latest financing round got funds from Yangtze River Xiaomi Industry Fund.

Sep. 15 , 2021
Dongfeng Honda sees 11th-generation Civic leave production line
Dongfeng Honda sees 11th-generation Civic leave production line

The China-built 11th-generation Civic, the all-new version of the classic Honda-branded sedan model, rolled off the assembly line on September 14, according to Dongfeng Honda.

Sep. 14 , 2021
DeepRoute.ai scores $300 million in B-round led by Alibaba
DeepRoute.ai scores $300 million in B-round led by Alibaba

On September 14th, China’s autonomous driving startup, DeepRoute.ai announced it has raised $300 million via its B-round of financing, which was led by Alibaba Group.

Sep. 14 , 2021
Former FAW VW executive joins Chery Jaguar Land Rover
Former FAW VW executive joins Chery Jaguar Land Rover

Former FAW VW executive joins Chery Jaguar Land Rover announced that Ma Zhenshan would immediately take on the executive vice president position of CJLR and the Integrated Marketing Sales and Service Organisation.

Sep. 14 , 2021
Baidu’s Apollo Go service now operates in Shanghai
Baidu’s Apollo Go service now operates in Shanghai

Baidu announced its public testing of its Apollo Go in Shanghai today, making Shanghai the fifth city available with its autonomous taxi service and becoming the only company which offers robotaxi service in the three top-tier cities in China.

Sep. 13 , 2021