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Chinese chip maker Fortsense nabs financing from Chery Holding’s fund
Chinese chip maker Fortsense nabs financing from Chery Holding’s fund

Shenzhen-based chip supplier Fortsense announced that it has recently received strategic investments from Chery Holding-affiliated Ruicheng Fund and a Suzhou municipal fund dedicated to intelligent connected vehicle field.

Feb. 20 , 2023
NIO Capital invests in Chinese commercial vehicle startup Newrizon
NIO Capital invests in Chinese commercial vehicle startup Newrizon

Chinese new energy commercial vehicle manufacturer Newrizon today announced via its WeChat account that it has raised over 100 million yuan ($14.56 million) in its Series B+ financing round, which is backed by NIO Capital.

Feb. 20 , 2023
Gasgoo Daily: New Lexus RZ, new-generation Lexus RX hit Chinese market
Gasgoo Daily: New Lexus RZ, new-generation Lexus RX hit Chinese market

With Gasgoo Daily, we will offer daily important automotive news in China.

Feb. 15 , 2023
RoboSense becomes first Chinese LiDAR maker in Toyota’s supply chain system
RoboSense becomes first Chinese LiDAR maker in Toyota’s supply chain system

China’s LiDAR solution provider RoboSense on February 6 announced its partnership with Toyota Motor on large-scale production with nominated orders for multiple Toyota vehicle models.

Feb. 7 , 2023
Chinese battery maker CALB steps up cooperation with Shenzhen city
Chinese battery maker CALB steps up cooperation with Shenzhen city

CALB Co., Ltd., one of the main power battery suppliers in China, on Feb. 4 signed a framework agreement with the government of Futian district, Shenzhen city.

Feb. 6 , 2023
Chinese intelligent driving solution provider Freetech completes Series B+ financing round
Chinese intelligent driving solution provider Freetech completes Series B+ financing round

On January 31, China’s intelligent driving solution provider Freetech announced the completion of its Series B+ financing round.

Jan. 31 , 2023