Search Results for "Chinese"

Tencent, IDG Capital invest in Chinese auto startup ROX’s Series E financing round
Tencent, IDG Capital invest in Chinese auto startup ROX’s Series E financing round

ROX, the auto startup project founded by Chang Jing, the founder and CEO of China’s intelligent cleaning robot company Roborock, has reportedly closed its Series E financing round, which was led by Tencent and IDG Capital.

Feb. 27 , 2023
Toyota nominates Chinese location service provider Asensing as supplier
Toyota nominates Chinese location service provider Asensing as supplier

On February 23, China’s location service provider Asensing announced that it has been awarded a contract by Toyota to provide high-precision positioning solutions for several vehicle models under FAW-Toyota.

Feb. 23 , 2023
Chinese chassis-by-wire firm Trugo Tech closes Series A, A+ rounds
Chinese chassis-by-wire firm Trugo Tech closes Series A, A+ rounds

Shanghai Trugo Technology Co. Ltd. (“Trugo Tech”) today announced via its WeChat account it has completed its Series A and A+ financing rounds with over 100 million yuan ($14.547 million) raised in total.

Feb. 21 , 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
Mercedes-Maybach’s initial PHEV model to be sold in Chinese market first
Mercedes-Maybach’s initial PHEV model to be sold in Chinese market first

Mercedes-Maybach this week launched its first plug-in hybrid electric vehicle (PHEV) model, the Mercedes‑Maybach S 580 e, which is scheduled to hit the Chinese market in 2023 initially.

Feb. 10 , 2023
Chinese automakers announce 2023 annual sales targets
Chinese automakers announce 2023 annual sales targets

Many Chinese automotive groups managed to outpace China’s overall industry in 2022 sales.

Feb. 9 , 2023