SAIC Motor announced on Thursday that its gross revenue reached roughly 196.787 billion yuan in the third quarter (Q3) of this year, sliding 6.92% from the previous year.
Oct. 27 , 2023On October 25, Chinese power battery supplier SVOLT Energy Technology Co., Ltd. (“SVOLT”) signed an agreement with a group of banks, who agreed to grant SVOLT a credit line worth 7.5 billion yuan.
Oct. 26 , 2023INGIN Technology, a Chinese smart closure solution provider for automobiles, recently announced the successful completion of its Series C+ financing round, which raised for the company nearly 100 million yuan.
Oct. 26 , 2023On October 25, Chinese autonomous driving technology developer Pony.ai announced it has secured a $100 million worth of investment from Saudi Arabia's megaproject NEOM and the latter's wholly-owned sub-fund NIF.
Oct. 25 , 2023BYD became the first Chinese automaker to participate in Tokyo Motor Show.
Oct. 25 , 2023On October 24, Chinese smart electric vehicle (EV) maker XPeng held its 2023 TECH DAY, showcasing its latest progress in multiple fields like intelligent driving, intelligent cockpit, electric drive system, E/EA, etc.
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