News
China expects 50,000 FCVs to run on roads by 2025
China expects 50,000 FCVs to run on roads by 2025

The Chinese government is aiming to put around 50,000 fuel cell vehicles (FCVs) on the roads by 2025, according to a document jointly issued by China's National Development and Reform Commission (NDRC) and National Energy Administration on March 23.

Mar. 23 , 2022
Birmingham CASE Automotive Research and Education Centre held the inauguration event at the University of Birmingham
Birmingham CASE Automotive Research and Education Centre held the inauguration event at the University of Birmingham

The event was watched by more than 23 thousand online through the live streaming service provided by Gasgoo.

Mar. 23 , 2022
Li Auto lifts vehicle price
Li Auto lifts vehicle price

The price of Li ONE will be raised by RMB11,800 to RMB349,800.

Mar. 23 , 2022
Ambarella partners with Shenzhen-based ADAS developer Autocruis
Ambarella partners with Shenzhen-based ADAS developer Autocruis

China’s autonomous driving developer Autocruis has formed a profound partnership with world-leading AI chip enterprise Ambarella for intelligent cockpit development, Autocruis announced on March 21st.

Mar. 22 , 2022
NIO Capital closes Eve ONE Fund II at about $400 million
NIO Capital closes Eve ONE Fund II at about $400 million

NIO Capital, a Chinese investment firm sponsored by NIO, announced on Mar. 20 the final closing of its flagship fund, Eve ONE Fund II L.P. (“the Fund II”), at around $400 million.

Mar. 22 , 2022
CATL, Farasis Energy confirm battery price rise due to hike in raw materials prices
CATL, Farasis Energy confirm battery price rise due to hike in raw materials prices

Chinese main power battery suppliers, CATL and Farasis Energy, recently confirmed their adjustment on battery prices due to the hike in raw materials prices.

Mar. 21 , 2022