News
China’s PhiGent Robotics bags $30 million in Series A for AD advancement
China’s PhiGent Robotics bags $30 million in Series A for AD advancement

On May 18th, Beijing-based autonomous driving developer PhiGent Robotics announced the completion of its A financing round, raising $30 million in total.

May 18 , 2022
DENZA obtains 5,679 orders of D9 MPV in one day after presale starts
DENZA obtains 5,679 orders of D9 MPV in one day after presale starts

DENZA, a premium auto brand majority-owned by BYD, received orders totaling 5,679 units of the D9 only 24 hours after presale of the fire new MPV model kicked off on May 16.

May 18 , 2022
China said to release policy to boost car sales in rural area in June
China said to release policy to boost car sales in rural area in June

China is likely to issue another “cars going to the countryside” policy in June, according to China Securities Journal.

May 18 , 2022
GAC AION’s R&D center moves to new building
GAC AION’s R&D center moves to new building

On May 17, the R&D center of GAC AION, the NEV-dedicated arm of GAC Group, officially moved into a new building.

May 17 , 2022
SAIC Audi’s Q5 e-tron starts at 376,500 yuan
SAIC Audi’s Q5 e-tron starts at 376,500 yuan

The Audi Q5 e-tron, the second production model under the SAIC-Audi project, features a formal price range of 376,500-479,500 yuan ($55,420-70,585) with five trim levels offered.

May 17 , 2022
Gasgoo Daily: Li Auto sets up IC chip design subsidiary
Gasgoo Daily: Li Auto sets up IC chip design subsidiary

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.

May 17 , 2022