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Valeo strengthens its R&D in China in response to the mobility revolution and local specific needs
Valeo strengthens its R&D in China in response to the mobility revolution and local specific needs

It is here in China, for example, that Valeo launched the 48V systems which were originally a response to a specific market need in China, but are now highly popular everywhere.

Sep. 30 , 2021
ByteDance, Xiaomi-backed Shunwei Capital invest in autonomous industrial vehicle developer
ByteDance, Xiaomi-backed Shunwei Capital invest in autonomous industrial vehicle developer

China's automated guided industrial vehicles developer, VisionNav Robotics, has completed its C-round of financing with participants including ByteDance, Xiaomi-backed Shunwei Capital, and other major ventures.

Sep. 30 , 2021
Tesla completes building of 100 Supercharger stations in Shanghai
Tesla completes building of 100 Supercharger stations in Shanghai

On Sept. 29, Tesla announced the launch of its 100th Supercharger stations and 1,000th Supercharger in Shanghai, becoming the first auto brand in China to deploy 100 supercharging stations in a city.

Sep. 30 , 2021
Chinese battery swapping service provider Aulton nabs 1.5 billion yuan in Series B funding
Chinese battery swapping service provider Aulton nabs 1.5 billion yuan in Series B funding

Aulton, a Chinese leading battery swapping station provider, announced on Sept. 29 it banked 1.5 billion yuan ($232 million) in the Series B financing.

Sep. 29 , 2021
Leapmotor’s C11 full-electric SUV hits market, starting at 159,800 yuan
Leapmotor’s C11 full-electric SUV hits market, starting at 159,800 yuan

The C11, the third production model of the Chinese NEV startup Leapmotor, went on sale on Sept. 28. Coming with three trim levels, it is priced between 159,800 yuan ($24,710) and 199,800 yuan ($30,890) after incentives.

Sep. 29 , 2021
Tesla outsold by top 6 Chinese NEV startups by Aug. insurance registrations
Tesla outsold by top 6 Chinese NEV startups by Aug. insurance registrations

In August, Tesla saw its China-made vehicle registrations plunged 69% from the previous month to 2,802 units, hitting the lowest monthly level since February 2020.

Sep. 29 , 2021