News
SGMW's first NEV model powered by DJI's in-car system to hit market
SGMW's first NEV model powered by DJI's in-car system to hit market

On June 9th, SAIC-GM-Wuling (SGMW) and DJI saw their first collaborative result come to life, as the world’s first mass-produced new energy vehicle powered by DJI’s automotive system is about to hit the market.

Jun. 9 , 2022
Geely Holding, Hainan’s government to team up on NEV, aerospace, education projects
Geely Holding, Hainan’s government to team up on NEV, aerospace, education projects

Zhejiang Geely Holding Group (“Geely Holding”) on June 8 signed an agreement with Hainan provincial government to carry out strategic cooperation in a host of fields, including new energy vehicle (NEV) amd commericial aerospace.

Jun. 9 , 2022
XPeng,Baidu-backed commercial vehicle AD startup Autra.tech closes Pre-A round
XPeng,Baidu-backed commercial vehicle AD startup Autra.tech closes Pre-A round

On June 8th, China’s middle-mile autonomous driving developer, Autra.tech, announced the completion of its Pre-A financing round, raising RMB200 million ($29.91 million).

Jun. 9 , 2022
Toyota, Honda, Nissan China sales decline narrows in May
Toyota, Honda, Nissan China sales decline narrows in May

In the fifth month of 2022, the four major Japanese automakers, namely Toyota Motor, Honda Motor, Nissan Motor, and Mazda Motor all witnessed their monthly sales volume slipping down from a year ago in China.

Jun. 8 , 2022
Gasgoo Daily: HUAWEI inks license agreements with connected vehicle companies
Gasgoo Daily: HUAWEI inks license agreements with connected vehicle companies

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.

Jun. 8 , 2022
EVE Energy aims to raise 9 billion yuan to expand production capacity
EVE Energy aims to raise 9 billion yuan to expand production capacity

Huizhou EVE Energy Co., Ltd. (“EVE Energy”), a Chinese power battery maker based in Huizhou city, announced on June 7 that its board of directors has approved a proposal to issue A shares to specific objects, aiming to raise 9 billion yuan.

Jun. 8 , 2022