News
SemiDrive partners with Neusoft Reach for domain controllers
SemiDrive partners with Neusoft Reach for domain controllers

On April 7th, China’s automotive chip supplier SemiDrive has joined hands with software developer Neusoft Reach for automotive software/hardware solutions development in China.

Apr. 7 , 2022
Joyson Electronics breaks ground on new industrial base in Hefei
Joyson Electronics breaks ground on new industrial base in Hefei

China’s auto parts supplier Joyson Electronics’ auto safety arm, Joyson Safety, has started the construction of its new industrial base in Hefei, Anhui province, the company announced on April 6th.

Apr. 7 , 2022
NIO’s autonomous driving veteran Zhang Jianyong said to leave
NIO’s autonomous driving veteran Zhang Jianyong said to leave

Zhang Jianyong, the Associate Vice-President of Autonomous Driving at NIO, is about to leave the EV startup in the near future, according to a local media outlet, citing people familiar with the matter.

Apr. 7 , 2022
Foton Motor to issue 1.429 billion shares to controlling shareholder BAIC Group
Foton Motor to issue 1.429 billion shares to controlling shareholder BAIC Group

Chinese commercial vehicle maker Beiqi Foton Motor Co., Ltd. on April 2 issued a pre-plan for a non-public issuance of A shares, which is aimed at its controlling shareholder, BAIC Group, at a price of 2.1 yuan ($0.33) per share.

Apr. 6 , 2022
Skyworth Auto's 2022 Q1 deliveries surpass annual sum of 2021
Skyworth Auto's 2022 Q1 deliveries surpass annual sum of 2021

China’s EV startup Skyworth Auto saw substantial growth in its quarterly delivery volume from January to March, the startup announced on March 2nd.

Apr. 6 , 2022
Honda Motor logs 33.2% YoY drop in Mar. China sales
Honda Motor logs 33.2% YoY drop in Mar. China sales

Affected by the pandemic and the auto parts supply constraints, Honda Motor (“Honda”) saw its monthly China sales tumble 33.2% year on year to 101,061 units.

Apr. 6 , 2022