In February 2022, there were 33,098 China-made passenger vehicles (PVs) registered in Shanghai, representing a 5.7% year-on-year decrease, while also showing a 45.8% month-on-month drop, according to the data compiled by GARI.
Mar. 22 , 2022China’s autonomous driving developer Autocruis has formed a profound partnership with world-leading AI chip enterprise Ambarella for intelligent cockpit development, Autocruis announced on March 21st.
Mar. 22 , 2022NIO Capital, a Chinese investment firm sponsored by NIO, announced on Mar. 20 the final closing of its flagship fund, Eve ONE Fund II L.P. (“the Fund II”), at around $400 million.
Mar. 22 , 2022German automotive parts group BENTELER plans to build a joint venture in China with Lucky Harvest, a Chinese supplier of precision stamping dies and metal structural parts, according to the latter's announcement.
Mar. 21 , 2022Rising Auto saw the first PPV (production process validation) prototype of the R7, the first flagship model of the brand after its independent operation, roll off the production line on March 21.
Mar. 21 , 2022The AITO M5, the first production model of AITO, the auto brand jointly established by HUAWEI and SERES. From design to distribution, HUAWEI has been deeply involved in the making of the AITO M5.
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