News
FAW Audi, Zhongsheng Group sign MoU to expand dealership network
FAW Audi, Zhongsheng Group sign MoU to expand dealership network

On March 11, FAW Audi Sales Co., Ltd. (FAW Audi)and Zhongsheng Group Holdings Limited signed a strategic cooperation agreement in Hangzhou.

Mar. 12 , 2025
Horizon Continental Technology secures hundreds of millions of yuan in angel funding
Horizon Continental Technology secures hundreds of millions of yuan in angel funding

Horizon Continental Technology, a joint venture between Horizon Robotics and Continental AG, recently completed an angel funding round worth several hundred million yuan.

Mar. 12 , 2025
Geely Galaxy's LEVC L380 Land Airbus series all-electric MPV hits market
Geely Galaxy's LEVC L380 Land Airbus series all-electric MPV hits market

On March 10, Geely Auto's Galaxy brand officially put its first high-end all-electric MPV, the LEVC L380 "Land Airbus" series (called "new LEVC L380" for short), onto the market.

Mar. 12 , 2025
Hesai Technology secures exclusive long-term deal from leading European automaker
Hesai Technology secures exclusive long-term deal from leading European automaker

LiDAR maker Hesai Technology announced on March 12 that it has secured a milestone multi-year exclusive supply agreement with a leading European automaker.

Mar. 12 , 2025
ECARX sees 18% YoY growth in 2024 annual revenue
ECARX sees 18% YoY growth in 2024 annual revenue

Mobility tech company ECARX released its financial results for the fourth quarter (Q4) and full year of 2024, reporting steady growth in revenue and profitability.

Mar. 12 , 2025
China's auto production, sales both surge over 30% YoY in Feb. 2025, despite slight MoM dip
China's auto production, sales both surge over 30% YoY in Feb. 2025, despite slight MoM dip

In February 2025, there were 2.103 million vehicles produced in China, representing a 14.1% month-on-month decline but a 39.6% year-on-year surge.

Mar. 11 , 2025