News
Zongmu Tech raises RMB1 billion in Series E, to build industrial park in Zhejiang
Zongmu Tech raises RMB1 billion in Series E, to build industrial park in Zhejiang

China’s autonomous driving startup Zongmu Tech announced the completion of its Series E investment round on March 28th, raising over RMB1 billion ($157.09 million).

Mar. 28 , 2022
SAIC Motor, Tsingshan Group team up on power battery project in Liuzhou
SAIC Motor, Tsingshan Group team up on power battery project in Liuzhou

Liuzhou Saike Technology Development Co., Ltd. and Ruipu Energy Co., Ltd. on March 24 signed cooperation and investment agreements with local authorities of Liudong New District, Liuzhou to build a power battery and battery system industrial base

Mar. 25 , 2022
Gasgoo Daily: Hyundai’s HTWO Guangzhou hydrogen fuel cell battery base to start production in H2 2022
Gasgoo Daily: Hyundai’s HTWO Guangzhou hydrogen fuel cell battery base to start production in H2 2022

With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Mar. 25 , 2022
Baidu Apollo to start Robotaxi service in Wuzhen, Zhejiang
Baidu Apollo to start Robotaxi service in Wuzhen, Zhejiang

The autonomous driving arm of Baidu, Apollo, announced that on March 26th, its Robotaxi “Apollo Go” service will land in the scenery site of Wuzhen, an ancient village around water in Zhejiang province.

Mar. 25 , 2022
NIO not to raise car prices temporarily, aims to be profitable in 2024
NIO not to raise car prices temporarily, aims to be profitable in 2024

Highlights of NIO's earnings call for Q4 2021 and 2021.

Mar. 25 , 2022
Dozen automakers raise new energy vehicle prices in China
Dozen automakers raise new energy vehicle prices in China

From the first day of 2022, China’s new energy vehicle (NEV) industry has been restless. With the continuing raw material price hike and the graduate withdrawal of government subsidies, the price of NEVs in China has never been so high.

Mar. 25 , 2022