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ZD Automotive closes Series A financing round
ZD Automotive closes Series A financing round

ZD Automotive, an automotive R&D solution provider, has successfully completed its hundred-million-yuan-level Series A financing with China Merchants Capital as the lead investor.

Apr. 28 , 2023
GAC-backed Ontime greenlighted for pilot operation of Robotaxi service in Guangzhou
GAC-backed Ontime greenlighted for pilot operation of Robotaxi service in Guangzhou

On April 26, Ontime, the mobility service provider backed by GAC Group, was granted a permit to carry out intelligent connected vehicle demonstration operations in Guangzhou.

Apr. 28 , 2023
BAIC Group plans to pour at least 50 billion yuan in R&D over next five years
BAIC Group plans to pour at least 50 billion yuan in R&D over next five years

BAIC Group's deputy General Manager, Gong Yueqiong, revealed that in the next five years, BAIC Group will invest at least 50 billion yuan in R&D of the technologies related to intelligent new energy vehicles.

Apr. 28 , 2023
Car and City: ZEEKR 009’s registrations in Mar. 2023 zoom up 302.7% MoM
Car and City: ZEEKR 009’s registrations in Mar. 2023 zoom up 302.7% MoM

ZEEKR, the premium electric vehicle (EV) brand of Geely Auto Group, saw its monthly registrations reach 6,331 units in the third month of 2023, according to the data compiled by Gasgoo Auto Research Institute ("GARI").

Apr. 27 , 2023
Former president of Wanda Auto reportedly takes on as head of marketing at HiPhi
Former president of Wanda Auto reportedly takes on as head of marketing at HiPhi

Chinese conglomerate Wanda Group's automotive arm, Wanda Auto, has seen a change in personnel as Li Hongpeng, who joined the company just a year ago, has reportedly left his role and joined luxury electric vehicle brand HiPhi.

Apr. 27 , 2023
JOYNEXT, Oritek team up on next-gen E/E architecture development
JOYNEXT, Oritek team up on next-gen E/E architecture development

Joyson Electronics' automotive connectivity arm, JOYNEXT, signed a deep cooperation agreement with Oritek, a Chinese automotive system-on-chip (SoC) supplier, according to a statement from the latter on April 26.

Apr. 27 , 2023