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CATL announces 130 bln yuan plus investment for battery capacity expansion within one year
CATL announces 130 bln yuan plus investment for battery capacity expansion within one year

Over the past one year, CATL released 11 announcements about its battery capacity expansion plans, involving no more than 131 billion yuan.

Jan. 7 , 2022
Geely Auto fulfills 87% of 2021’s sales target, eyeing 1.65 million vehicles for 2022’s sales
Geely Auto fulfills 87% of 2021’s sales target, eyeing 1.65 million vehicles for 2022’s sales

The sales of Geely Auto and its subsidiaries amounted to 1,328,029 units in 2021, edging up 1% from the previous year and achieving 87% of the Group's yearly sales target of 1.53 million units.

Jan. 7 , 2022
China’s autonomous driving developer DeepRoute.ai partners with LiDAR supplier RoboSense
China’s autonomous driving developer DeepRoute.ai partners with LiDAR supplier RoboSense

China’s autonomous driving developer DeepRoute.ai announced that it had reached strategic cooperation with China’s LiDAR supplier, RoboSense, to build a cost-effective LiDAR-based L4 autonomous solution.

Jan. 7 , 2022
Nissan Motor 2021 China sales slip 5.2% YoY
Nissan Motor 2021 China sales slip 5.2% YoY

Nissan Motor’s annual sales performance in China slipped slightly compared to a year ago, but the latest ALTIMA model continued to drive the group’s sales year-round.

Jan. 6 , 2022
Tech giant Tencent invests in China’s auto OS developer LinearX
Tech giant Tencent invests in China’s auto OS developer LinearX

China’s tech mogul, Tencent, has become a shareholder to Shanghai-based intelligent driving platform software developer LinearX, according to corporate database, Qichacha.

Jan. 6 , 2022
Baidu’s JiDU to showcase first L4 NVIDIA powered model at Beijing Auto Show
Baidu’s JiDU to showcase first L4 NVIDIA powered model at Beijing Auto Show

China’s tech giant Baidu and automaker Geely’s JiDU Auto’s first production vehicle model, to be unveiled in April, will be powered by the NVIDIA DRIVE Orin SoC, with L4 autonomous driving capability.

Jan. 6 , 2022