News
NIO to launch first sedan model at NIO Day next month
NIO to launch first sedan model at NIO Day next month

NIO plans to launch its first sedan model at the forthcoming NIO Day to be held on Jan. 9, 2020, according to Qin Lihong, co-founder and president at NIO.

Dec. 23 , 2020
Xpeng Motors founds Shenzhen-based subsidiary for R&D, sales of smart robots
Xpeng Motors founds Shenzhen-based subsidiary for R&D, sales of smart robots

Chinese EV startup Xpeng Motors recently set up a subsidiary in Shenzhen that primarily engages in the R&D and sale of intelligent robots.

Dec. 23 , 2020
WeRide raises $200 million from Yutong Group in Series B1 funding
WeRide raises $200 million from Yutong Group in Series B1 funding

WeRide, a Guangzhou-based autonomous driving startup, announced on Dec. 23 it has closed its Series B1 financing, which raised $200 million from Chinese CV manufacturer Yutong Group.

Dec. 23 , 2020
SAIC’s mobility service brand Xiangdao Chuxing bags over 300 mln yuan in Series A round
SAIC’s mobility service brand Xiangdao Chuxing bags over 300 mln yuan in Series A round

Xiangdao Chuxing, SAIC Motor’s mobility service brand, announced on Dec. 18 it has closed its Series A round with over 300 million yuan ($45,846,330) raised from Alibaba Group and CATL.

Dec. 22 , 2020
Huawei launches HiCar-enabled smart in-car display
Huawei launches HiCar-enabled smart in-car display

On Dec. 21, Huawei, the global leading ICT infrastructure and smart device provider, launched a smart in-car display, which is the first aftermarket-installed product powered by HUAWEI HiCar.

Dec. 21 , 2020
Faraday Future builds subsidiary in Zhuhai for NEV sale business
Faraday Future builds subsidiary in Zhuhai for NEV sale business

Faraday Future (FF), the California-based electric vehicle (EV) startup with a complicated past, last week set up a subsidiary in Zhuhai, Guangdong province, according to the corporate data platform Tianyancha.

Dec. 21 , 2020