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Chinese steering system supplier DECO nabs nearly 100 million yuan in Series B financing
Chinese steering system supplier DECO nabs nearly 100 million yuan in Series B financing

DECO Automotive Co., Ltd. (“DECO”), a Chinese provider of intelligent driving steering systems, on Feb. 7 announced the completion of the B+ round financing, which raised for the company nearly 100 million yuan.

Feb. 8 , 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
Car and City: Hangzhou registers most ZEEKR 001s in 2022 among Chinese cities
Car and City: Hangzhou registers most ZEEKR 001s in 2022 among Chinese cities

ZEEKR, the premium electric vehicle (EV) brand of Geely Holding, saw the monthly registrations of its first production model, the ZEEKR 001, hit an all-time high of 11,418 units in Dec. 2022.

Jan. 18 , 2023
Chinese auto chip designer Grecon Semi nabs 100 million yuan in Series A+ financing
Chinese auto chip designer Grecon Semi nabs 100 million yuan in Series A+ financing

Grecon Semi, a Chinese auto chip designer and seller, announced on Tuesday via its WeChat account that it completed the Series A+ financing at the end of 2022, which bagged for the company over 100 million yuan ($14.767 million).

Jan. 17 , 2023
Chinese NEV startup YUDO kicks off presale of Yuntu all-electric SUV
Chinese NEV startup YUDO kicks off presale of Yuntu all-electric SUV

YUDO announced last Sunday the presale of its all-new full-electric SUV model, dubbed Yuntu (Chinese Pinyin), has already kicked off with a price range of 90,000 yuan-100,000 yuan ($13,450-$14,940).

Jan. 16 , 2023