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China’s e-commerce mogul, JD.com’s grand automation scheme
China’s e-commerce mogul, JD.com’s grand automation scheme

With e-commerce thriving in China, the express delivery system is seeking transformation, from trunkline logistics to door-to-door deliveries, for a more time/cost-effective operation. Fully autonomous heavy-duty trucks and delivery vehicles are up f

Jan. 29 , 2022
Farasis Energy’s 2021 net loss forecasted to widen to 1.1 billion yuan
Farasis Energy’s 2021 net loss forecasted to widen to 1.1 billion yuan

Farasis Energy (GanZhou) Co., Ltd. forecasted on Jan. 29 a net loss of 800 million yuan ($125.76 million) to 1.1 billion yuan ($173 million) attributable to shareholders for the year of 2021.

Jan. 29 , 2022
XPeng, Li Auto surpass NIO by 2021 registrations
XPeng, Li Auto surpass NIO by 2021 registrations

The top 6 China’s indigenous NEV startups all recorded highest-ever monthly registrations in Dec. 2021.

Jan. 28 , 2022
Alibaba-backed AutoX operates largest RoboTaxi service area in China
Alibaba-backed AutoX operates largest RoboTaxi service area in China

China’s autonomous driving company, AutoX, expands its RoboTaxi operation area to 1,000 square kilometers in Shenzhen, as the country’s largest autonomous driving area.

Jan. 28 , 2022
Former Pony.ai executives’ autonomous truck startup completes Angel round
Former Pony.ai executives’ autonomous truck startup completes Angel round

Recently, a local commercial vehicle autonomous driving startup, Qingtian Truck, announced that it had completed an Angel round of investment, raising tens of millions of dollars from 5Y Capital.

Jan. 28 , 2022
China imported PV deliveries drop 6.1% YoY in 2021
China imported PV deliveries drop 6.1% YoY in 2021

For the year of 2021, there were 939,109 imported passenger vehicles (PVs) delivered across China, representing a 6.1% decrease year-over-year, according to the Sinomach Automobile Co., Ltd., China's largest dealer of imported vehicles.

Jan. 28 , 2022