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Gap between Tesla and Chinese NEV startups’ insurance registrations much narrows in July
Gap between Tesla and Chinese NEV startups’ insurance registrations much narrows in July

In July, the sales gap between Tesla and Chinese NEV statrups significantly narrowed due to the sales slump Tesla suffered.

Aug. 30 , 2021
Chinese self-driving startup FABU.AI secures 100 million yuan in Series B+ funding
Chinese self-driving startup FABU.AI secures 100 million yuan in Series B+ funding

FABU.AI, a Chinese autonomous driving startup, announced on August 19 it has banked 100 million yuan in Series B+ funding round from Cowin Capital and DYEE Capital.

Aug. 19 , 2021
Chinese self-driving startup Neolix closes B round financing led by SoftBank Ventures Asia
Chinese self-driving startup Neolix closes B round financing led by SoftBank Ventures Asia

Neolix Autonomous Vehicle, a driverless delivery vehicle startup in China, has raised hundreds of millions of yuan in the series B fundraising, the company announced on August 8.

Aug. 18 , 2021
Chinese automaker BYD said to offer Tesla ‘Blade Battery’
Chinese automaker BYD said to offer Tesla ‘Blade Battery’

Chinese automaker BYD will supply Tesla with its ultra-safe “Blade Battery” from the second quarter of 2022, according to a local media outlet, citing sources familiar with the matter.

Aug. 5 , 2021
Chinese top 6 NEV startups achieve best-ever monthly insurance registrations in June
Chinese top 6 NEV startups achieve best-ever monthly insurance registrations in June

Among Chinese NEV startups, the top 6 companies by June insurance registrations closed the month of June with a record-breaking monthly figure.

Jul. 28 , 2021
Chinese chip startup SemiDrive closes 1 billion yuan Series B round
Chinese chip startup SemiDrive closes 1 billion yuan Series B round

Chinese automotive SoC (system-on-chip) developer SemiDrive raised nearly 1 billion yuan ($154.238 million) in a Series B funding round, which was co-led by CDB Equipment Manufacturing Industrial Investment Fund and V Fund.

Jul. 26 , 2021