News
MARELLI unveils China R&D center for auto electronics unit
MARELLI unveils China R&D center for auto electronics unit

MARELLI, a global automotive supplier, celebrated on March 5 the inauguration of a Guangzhou-based R&D center and the completion of the expansion project for its Guangzhou plant, according to a post on MARELLI's WeChat account.

Mar. 8 , 2022
Dongfeng Peugeot Citroën Feb. sales soar 154% YoY
Dongfeng Peugeot Citroën Feb. sales soar 154% YoY

In February, Dongfeng Motor Corporation (DFMC) saw its wholly-owned sub-brand, AEOLUS, refresh its same-month sales record in history, the auto group announced on March 7th.

Mar. 8 , 2022
GAC Group logs 18.06% YoY growth in Jan.-Feb. 2022 sales
GAC Group logs 18.06% YoY growth in Jan.-Feb. 2022 sales

GAC Group said on Monday it sold 143,464 new vehicles in February 2022, representing a 36.47% jump from the year-ago period.

Mar. 7 , 2022
HUAWEI-powered AITO M5 starts delivery in 36 Chinese cities
HUAWEI-powered AITO M5 starts delivery in 36 Chinese cities

HUAWEI and SERES’s high-end EV brand, AITO, has initiated the delivery process of its first production model, the AITO M5, on March 5th.

Mar. 7 , 2022
Holomatic nabs hundreds of millions yuan from GAC Group, cooperated models coming in 2022
Holomatic nabs hundreds of millions yuan from GAC Group, cooperated models coming in 2022

China’s autonomous driving company, Holomatic, has recently received hundreds of millions of yuan from GAC Capital as an exclusive strategic investment.

Mar. 7 , 2022
Pony.ai completes D round, valuation reaches $8.5 billion
Pony.ai completes D round, valuation reaches $8.5 billion

On March 7th, China’s autonomous driving developer, Pony.ai announced the completion of its Series D financing round, raising its total valuation to $8.5 billion.

Mar. 7 , 2022