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WeRide scores $400 million investment with $4.4 billion valuation
WeRide scores $400 million investment with $4.4 billion valuation

China’s autonomous driving startup, WeRide, recently closed its latest financing round, raising over $400 million, a local media outlet reported on March 23rd.

Mar. 24 , 2022
SKYWORTH Auto’s HT-i adopts BYD’s DM-i super hybrid system
SKYWORTH Auto’s HT-i adopts BYD’s DM-i super hybrid system

Chinese vehicle startup SKYWORTH Auto released the images of an all-new model, dubbed HT-i, earlier this week. Reportedly, the model will be available for presale from April and is expected to hit the market in late August this year.

Mar. 24 , 2022
SAIC Motor breaks ground on 2nd phase of Zhengzhou engine base
SAIC Motor breaks ground on 2nd phase of Zhengzhou engine base

On March 22, SAIC Motor celebrated the ground-breaking for the second phase of its engine manufacturing base in Zhengzhou city, the capital of China's Henan province.

Mar. 23 , 2022
UPower partners with NVIDIA to launch industry-first open automotive supercomputing platform
UPower partners with NVIDIA to launch industry-first open automotive supercomputing platform

On March 23rd, China’s skateboard chassis developer UPower announced its partnership with NVIDIA. With the help of NVIDIA, UPower will build the world’s first open automotive supercomputing platform with flexible computing power.

Mar. 23 , 2022
Geely Auto 2021 revenue up by 10% YoY
Geely Auto 2021 revenue up by 10% YoY

Last year, the automaker sold 1,328,029 new vehicles, representing a slight increase of 1%.

Mar. 23 , 2022