NavInfo-incubated precise positioning service provider Sixents has completed its Series B investment round, raising RMB620 million ($98.24 million), the company announced on February 28th.
Feb. 28 , 2022
The IM L7, the first production model under IM, a premium auto brand backed by SAIC Motor, has already been put into volume production at SAIC Motor’s intelligent factory in Lin-gang Special New Area.
Feb. 28 , 2022
On Feb. 26, FAW Fudi New Energy Technology Co., Ltd (FAW Fudi), a joint venture between FAW Group and BYD, broke ground on a power battery manufacturing base in Changchun city, Jilin province, according to a post on FAW Group’s WeChat account.
Feb. 28 , 2022
Chinese power battery maker Farasis Energy (Ganzhou) Co., Ltd. (“Farasis Energy”) announced today its full-year revenue in 2021 surged 203.97% year on year to around 3.403 billion yuan ($538.71 million).
Feb. 28 , 2022
On February 28th, China’s commercial vehicle autonomous driving developer, Inceptio Technology, announced the completion of its B+ equity financing round, raising $188 million.
Feb. 28 , 2022
In the first month of 2022, Beijing’s domestically-made passenger vehicle registrations saw a double-digit decline from December 2021, especially new energy vehicle (NEV) registrations, according to data compiled by Gasgoo Auto Research Institute.
Feb. 28 , 2022