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Chinese power chip designer Marching Power closes 500 mln yuan Series C round
Chinese power chip designer Marching Power closes 500 mln yuan Series C round

Chinese power chip designer Marching Power announced on Dec. 16 it has secured over 500 million yuan ($78.51 million) in the Series C round, which was led by CDH Investments.

Dec. 17 , 2021
Baidu Ventures invests in photoelectric company Jinghe Tech
Baidu Ventures invests in photoelectric company Jinghe Tech

Shanghai Jinghe Photoelectric Technology Company (Jinghe Tech) has completed its A+ round of financing worth tens of millions of yuan, led by Baidu Ventures.

Dec. 17 , 2021
BMW to launch 26 new products, 2 BMW i centers in China in 2022
BMW to launch 26 new products, 2 BMW i centers in China in 2022

BMW Group announced that it plans to launch 26 new products in China next year, covering the group'sa core vehicle and motorcycle brands, from BMW core brand, BMW i, BMW M, MINI, to BMW Motorrad.

Dec. 17 , 2021
Farasis Energy, Mercedes-Benz sign supplementary deal to deepen long-term supply tie-up
Farasis Energy, Mercedes-Benz sign supplementary deal to deepen long-term supply tie-up

Farasis Energy (GanZhou) Co.,Ltd. and its wholly-owned subsidiary Farasis Zhenjiang intend to sign with their major auto client Mercedes-Benz an agreement supplementing to a long-term battery supply deal.

Dec. 17 , 2021
BYD all-new premium brand’s first model said to be rugged-looking off-roader
BYD all-new premium brand’s first model said to be rugged-looking off-roader

Chinese automaker BYD plans to announce an all-new premium auto brand in the first half of 2022 and the first model under the new brand is set to be launched in the second half of next year, according to a local media outlet.

Dec. 16 , 2021
Gasgoo Daily: Li Auto, Chongqing sign strategic cooperation framework agreement
Gasgoo Daily: Li Auto, Chongqing sign strategic cooperation framework agreement

With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Dec. 16 , 2021