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Mercedes-Benz to invest over 14 billion yuan in China for expanded local production
Mercedes-Benz to invest over 14 billion yuan in China for expanded local production

Mercedes-Benz Group announced plans to invest over 14 billion yuan in China, in partnership with local collaborators, to expand its lineup of localized passenger vehicles and vans, according to the company’s official WeChat post on September 4.

Sep. 5 , 2024
DreamSmart Group, GEESPACE to co-launch satellite
DreamSmart Group, GEESPACE to co-launch satellite

The collaboration will see the launch of the "DreamSmart Lucky Star" satellite.

Sep. 4 , 2024
CATARC, OMNIVISION inaugurate joint automotive chip testing lab in Tianjin
CATARC, OMNIVISION inaugurate joint automotive chip testing lab in Tianjin

Recently, CATARC and OMNIVISION jointly established the CATARC-Omnivision Automotive IC Joint Laboratory in Tianjin Economic-Technological Development Area (TEDA).

Sep. 4 , 2024
Greater Bay Technology, Victpower team up in cell transaction, energy storage, robotics fields
Greater Bay Technology, Victpower team up in cell transaction, energy storage, robotics fields

Under the agreement, Victpower will procure battery cells from Greater Bay Technology for use in the production of battery swap modules for two-wheelers and related sectors.

Sep. 4 , 2024
FAW Jiefang posts 7.84% YoY rise in H1 2024 revenue
FAW Jiefang posts 7.84% YoY rise in H1 2024 revenue

On August 30, FAW Group’s commercial vehicle arm FAW Jiefang released its financial results for the first half of 2024 (H1 2024), showing robust growth. The company achieved a semi-annual revenue of 35.602 billion yuan, which rose 7.84% year on year.

Sep. 4 , 2024
DFZK teams with Dynisma for advanced driving simulator development
DFZK teams with Dynisma for advanced driving simulator development

China’s testing equipment and technology service company Beijing Oriental Jicheng Technology Co., Ltd. (DFZK) recently announced that it has signed a strategic cooperation agreement with Dynisma.

Sep. 4 , 2024