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Gasgoo Daily: NavInfo to provide services for Volvo Cars’ IoV cloud-based platform

Monika From Gasgoo| November 11 , 2021 20:13 BJT

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NavInfo to provide services for Volvo Cars' IoV cloud-based platform

Gasgoo Daily: NavInfo to provide services for Volvo Cars’ IoV cloud-based platform

Photo credit: NavInfo

Beijing-based mapping company NavInfo announced on Nov. 11 it has signed an agreement with Volvo Cars to provide services for the latter’s IoV (Internet of Vehicles) cloud-based platform over the next three years.

NIO-backed EV startup HYCAN teases auto exhibits for Auto Guangzhou 2021

HYCAN, the Chinese EV startup backed by NIO, will launch two all-electric concepts, including a coupe and a MPV, at the forthcoming Auto Guangzhou 2021.

JAC Group, its subsidiaries obtain 36.62 million governmental subsidies so far this year

As of Nov. 11, JAC Group and its subsidiaries had received a total of 36.62 million yuan ($5.718 million) worth of governmental subsidies so far this year, according to JAC Group's announcement.

VOYAH to launch premium MPV at Auto Guangzhou 2021

According to a local media outlet, Dongfeng Motor's premium EV brand VOYAH will launch a new MPV model code-named “H56” at the Auto Guangzhou 2021.

Joyson Electronics intends to introduce strategic investors for safety business segment

Joyson Electronics claimed in Nov. 12 it intends to introduce three strategic investors for its safety business segment. Those possible investors plan to pour a total of 2.5 billion yuan ($390.39 million).

QCraft launches 3rd-generation Driven-by-QCraft solution

On Nov. 10, Chinese self-driving technology company QCraft launched its third-generation Driven-by-QCraft Level 4 autonomous driving hardware solution, which will use the NVIDIA DRIVE Orin solution.

CATL, ENERGY TECHNOLOGY to build platform JV for investment in power battery separator

CATL has agreed with Yunnan Energy New Material Co.,Ltd. (“ENERGY TECHNOLOGY”), a Chinese manufacturer of paper packaging materials, to co-build a limited liability platform venture focusing on the investment in the projects of dry-/wet-process separators, ENERGY TECHNOLOGY announced on Nov. 10.

Sunwoda, Wuling Industrial attempt to build JV for NEV power battery system

Liuzhou Wuling Motors Industrial Company Limited (Wuling Industrial) has entered into a memorandum of understanding (MoU) with Chinese battery supplier Sunwoda Electric Vehicle Battery Co.,Ltd. (Sunwoda EV Battery) for a possible investment and establishment of a joint venture dedicated to manufacturing power battery system products for new energy vehicles (NEVs), according to an announcement issued by Wuling Motors Holdings Limited, a parent company of Wuling Industrial.

CATL contributes to 50.7% of China's Jan.-Oct. installed battery capacity

In October 2021, China's power battery outputs reached 25.1GWh, surging 191.6% year on year, while also growing 8.4% month on month, according to the China Automotive Power Battery Industry Innovation Alliance (CAPBIIA).

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