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EV innovator WM Motor raises 10 bln yuan for D round financing
EV innovator WM Motor raises 10 bln yuan for D round financing

WM Motor announced on September 22 the completion of its Series D round financing, which raised 10 billion yuan ($1,472,862,000) in total, the highest-ever amount for a single round of fundraising launched by EV startups.

Sep. 22 , 2020
BAIC BJEV’s ARCFOX αT premium BEV powered by Huawei’s 5G chipset
BAIC BJEV’s ARCFOX αT premium BEV powered by Huawei’s 5G chipset

BAIC BJEV, the NEV unit of BAIC Group, is going to announce the price of the αT, the first mass-produced all-electric model under the premium brand ARCFOX, at the forthcoming Beijing International Automotive Exhibition 2020 (Auto China 2020).

Sep. 21 , 2020
Chinese EV startup Enovate puts first mass-produced model ME7 onto market
Chinese EV startup Enovate puts first mass-produced model ME7 onto market

Enovate ME7, the first production model of the EV innovator Enovate, hit the market on September 19, joining the string of Chinese EV startups that have production vehicle models available for sales.

Sep. 21 , 2020
Baidu Apollo debuts first L4 autonomous bus in Chongqing
Baidu Apollo debuts first L4 autonomous bus in Chongqing

On September 17, Robus, a medium-sized autonomous bus jointly developed by Baidu Apollo and domestic bus manufacturer King Long made its world’s debut in Chongqing.

Sep. 18 , 2020
Dongfeng’s premium EV brand VOYAH to launch concept of first mass-produced model at Auto China 2020
Dongfeng’s premium EV brand VOYAH to launch concept of first mass-produced model at Auto China 2020

VOYAH, a young brand embodying Dongfeng Motor’s ambition to move upscale in EV area, is going to showcase the concept of its first mass-produced model at the Auto China 2020 that is to kick off next week.

Sep. 17 , 2020
Alibaba-backed Banma, FAW-Volkswagen to team up on AI, big data, smart cockpit
Alibaba-backed Banma, FAW-Volkswagen to team up on AI, big data, smart cockpit

At the Apsara Conference 2020 of Alibaba Cloud, Banma Network Technology Co.,Ltd. and FAW-Volkswagen inked an agreement to conduct strategic cooperation on such areas as AI, big data analysis, ICV-related operating system and intelligent cockpit.

Sep. 17 , 2020