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NavInfo expects to turn loss into profit in 2021 annual performance
NavInfo expects to turn loss into profit in 2021 annual performance

China’s major navigation player, NavInfo, was projected to see a turnaround from loss to profit as high as RMB131 million ($20.61 million) according to its 2021 annual performance preannouncement.

Jan. 17 , 2022
Former BAIC BJEV’s senior exec named as vice president of Xiaomi’s auto unit
Former BAIC BJEV’s senior exec named as vice president of Xiaomi’s auto unit

Xiaomi Corporation has named Yu Liguo, former senior executive of BAIC BJEV, as Vice President of Xiaomi Automobile Co.,Ltd. and a political commissar of Xiaomi auto unit's Beijing headquarters.

Jan. 17 , 2022
Gasgoo Daily: CATL builds wholly-owned subsidiary in Sichuan
Gasgoo Daily: CATL builds wholly-owned subsidiary in Sichuan

With Gasgoo Daily, we will offer daily important automotive news in China.

Jan. 14 , 2022
Unmanned mining solution provider WAYTOUS nabs 300 million yuan in C funding round
Unmanned mining solution provider WAYTOUS nabs 300 million yuan in C funding round

Chinese unmanned mining solution provider WAYTOUS has bagged nearly 300 million yuan ($47.159 million) in a Series C round, the company announced on Jan. 13.

Jan. 14 , 2022
EVE Energy gets 49% stake in Qinghai-based lithium salt producer for 200 million yuan
EVE Energy gets 49% stake in Qinghai-based lithium salt producer for 200 million yuan

Huizhou EVE Energy Co.,Ltd., a Chinese power battery maker headquartered in Huizhou city, announced earlier this week it has successfully obtained a 49% stake in Qinghai Qaidam Xinghua Lithium Salt Co.,Ltd.

Jan. 14 , 2022
Gasgoo Daily: BYD wins the bid for lithium extraction project in Chile
Gasgoo Daily: BYD wins the bid for lithium extraction project in Chile

With Gasgoo Daily, we will offer daily important automotive news in China.

Jan. 13 , 2022