SAIC Motor aims to gain over 100 billion yuan of annual revenue from its commercial vehicle (CV) business by 2025, as part of the development plan the automaker sets for its CV unit arm in the 14th Five-Year Plan period.
Sep. 24 , 2021
China’s largest integrated logistics service provider SF unveiled its L4 autonomous delivery vehicle in Suzhou, Jiangsu Province, on September 23rd.
Sep. 24 , 2021
Chinese augmented reality (AR) technology company Nreal announced on Sept. 23 it nabbed over $100 in the Series C financing, which was co-led by NIO’s investment arm NIO Capital, Yunfeng Capital, and Hongtai Aplus.
Sep. 23 , 2021
On Sept. 23, Volkswagen Group (VW Group) celebrated the first spade cut for a battery system manufacturing factory in Hefei, the capital of Anhui Province, according to a press release from the German auto giant.
Sep. 23 , 2021
China’s EV startup Xpeng delivered 50,000 vehicles of its intelligent sport-sedan, the P7, in fifteen months, shattering the record of Chinese startups’ single model delivery speed, according to the results released by the automaker today.
Sep. 23 , 2021
General Motors announced a $300 million investment in China’s leading autonomous driving startup, Momenta, to push forward the development of next-generation autonomous driving technologies among future GM vehicle models in China.
Sep. 23 , 2021