News
Xiaomi’s subsidiary Smartmi said to start automaking business
Xiaomi’s subsidiary Smartmi said to start automaking business

A member of Xiaomi’s ecosystem, Beijing Smartmi Technology Co., Ltd., is reportedly initiating its automaking process. Multiple talents from the EV field are joining the company, as sources close to the matter told a local media outlet.

Dec. 13 , 2021
SiEngine’s 7nm SoC to be implemented on Geely vehicle in 2022
SiEngine’s 7nm SoC to be implemented on Geely vehicle in 2022

SiEngine Technology, the joint venture between Geely-backed ECARX and ARM China, debuted its self-developed 7nm auto-grade SoC, the DragonHawk One, which will be mounted on a Geely vehicle in 2022.

Dec. 13 , 2021
BAIC confirms not to further stake in Daimler
BAIC confirms not to further stake in Daimler

Daimler AG and China’s major automaker BAIC Group reemphasized their long-term partnership today, along with their cross-shareholding details.

Dec. 13 , 2021
GWM-backed battery maker SVOLT bags 6 billion yuan in B+ funding round
GWM-backed battery maker SVOLT bags 6 billion yuan in B+ funding round

SVOLT, a GWM (Great Wall Motor)-linked Chinese power battery maker, has secured 6 billion yuan ($942.11 million) in a B+ funding round, the company announced a few days ago via its WeChat account.

Dec. 13 , 2021
Chery Holding Nov. NEV sales double YoY
Chery Holding Nov. NEV sales double YoY

Chery Holding’s year-to-date sales volume set a new record at the end of November, with booming sales performances both domestically and internationally.

Dec. 13 , 2021
Gasgoo Daily: HOZON Auto given credit line worth 2 billion yuan from Bank of Shanghai
Gasgoo Daily: HOZON Auto given credit line worth 2 billion yuan from Bank of Shanghai

With Gasgoo Daily, we will offer daily important automotive news in China.

Dec. 10 , 2021