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HUAWEI-powered AITO M5 sees price rise starting May 5th
HUAWEI-powered AITO M5 sees price rise starting May 5th

On April 20th, the HUAWEI- and SERES-backed new energy vehicle brand AITO released an announcement of price lifts and an upcoming trim regarding its M5 model.

Apr. 20 , 2022
BYD, CATL invest in lithium battery material supplier Shanshan’s subsidiary
BYD, CATL invest in lithium battery material supplier Shanshan’s subsidiary

Ningbo Shanshan Co., Ltd. announced on Tuesday it intends to make a capital increase to its sub-subsidiary, Shanghai Shanshan Lithium Battery Materials Technology Co., Ltd. through its wholly-owned subsidiary and four strategic investors.

Apr. 20 , 2022
DeepRoute.ai deploys L4 autonomous fleet in Shenzhen
DeepRoute.ai deploys L4 autonomous fleet in Shenzhen

On April 20th, China’s autonomous driving startup DeepRoute.ai saw its first pre-assembled L4 autonomous vehicle fleet arrived in Shenzhen. The vehicles will be put into its Robotaxi operation in Shenzhen soon.

Apr. 20 , 2022
Geely to build PHEV manufacturing facilities at Linhai industrial park
Geely to build PHEV manufacturing facilities at Linhai industrial park

Zhejiang Haoqing Automobile Manufacturing Co., Ltd. has signed an agreement with the government of Linhai, a county-level city in Taizhou, Zhejiang province, to develop a plug-in hybrid electric vehicle manufacturing project.

Apr. 19 , 2022
NIO completes building of 900 battery swapping stations in China
NIO completes building of 900 battery swapping stations in China

On April 18, NIO announced the launch of its 900th battery swapping station in China, which is located in Jiangning District, Nanjing city, according to a post on NIO's WeChat account.

Apr. 19 , 2022
China's AI chip startup HOUMO.AI closes Pre-A+ round
China's AI chip startup HOUMO.AI closes Pre-A+ round

China’s AI chip developer HOUMO.AI recently closed its Pre-A+ financing round, raising hundreds of millions of yuan.

Apr. 19 , 2022