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NIO’s LiDAR supplier Innovusion joins hands with autonomous driving company Mushroom
NIO’s LiDAR supplier Innovusion joins hands with autonomous driving company Mushroom

China’s LiDAR supplier Innovusion has inked a strategic cooperation agreement with autonomous driving company Mushroom for LiDAR-based autonomous driving development in the following three years.

Jan. 26 , 2022
China’s locally-made PV retail sales expected to drop 6.2% YoY in Jan. 2022: CPCA
China’s locally-made PV retail sales expected to drop 6.2% YoY in Jan. 2022: CPCA

China's retail sales of locally-produced passenger vehicles (merely including cars, SUV, and MPVs) are anticipated to reach 2.05 million units in Jan. 2022, dropping 6.2% year on year, according to the China Passenger Car Association (CPCA).

Jan. 26 , 2022
Baidu, Geely invest $400 million in JIDU's A financing round
Baidu, Geely invest $400 million in JIDU's A financing round

On January 26th, Baidu’s JIDU announced that it had completed A round of financing, raising nearly $400 million from its parent companies, Baidu and Geely Holding.

Jan. 26 , 2022
Car and City: December 2021 registrations of Li ONE
Car and City: December 2021 registrations of Li ONE

Regarding the contribution of cities, Hangzhou transcended Zhengzhou to the champion place with 971 Li ONEs registered last month.

Jan. 25 , 2022
GWM’s TANK 500 to hit market in March, starting from $52,932
GWM’s TANK 500 to hit market in March, starting from $52,932

The latest model of Great Wall Motor’s popular TANK series, the TANK 500, is said to be on the market in March 2022, according to a local media outlet. The news was later confirmed by the automaker.

Jan. 25 , 2022
BYD, CATL invest in d-ToF sensor chip supplier visionICs
BYD, CATL invest in d-ToF sensor chip supplier visionICs

visionICs, a Chinese d-ToF (direct time-of-flight) sensor supplier, recently added to its lineup of shareholders several new members, including an industrial investment fund backed by CATL and BYD.

Jan. 25 , 2022