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Chinese automotive smart hardware supplier Kongxiang Technologies closes Series A financing
Chinese automotive smart hardware supplier Kongxiang Technologies closes Series A financing

Chinese automotive supplier Kongxiang Automotive Technology (Shanghai) Co., Ltd. ("Kongxiang Technologies") announced earlier this month it had successfully closed a Series A funding round worth tens of millions of yuan.

Mar. 13 , 2025
EHang achieves first-ever adjusted annual net profit in 2024
EHang achieves first-ever adjusted annual net profit in 2024

On March 12, EHang, a leading Chinese autonomous aerial vehicle technology company, released its financial results for the fourth quarter (Q4) and full year of 2024.

Mar. 13 , 2025
GAC Energy, China Telecom Guangdong Branch step up cooperation to expand NEV charging, battery swapping network
GAC Energy, China Telecom Guangdong Branch step up cooperation to expand NEV charging, battery swapping network

On March 11, GAC Energy, a subsidiary of GAC Group, signed a strategic cooperation agreement with China Telecom Guangdong Branch at GAC Group's headquarters.

Mar. 13 , 2025
FAW Audi, Zhongsheng Group sign MoU to expand dealership network
FAW Audi, Zhongsheng Group sign MoU to expand dealership network

On March 11, FAW Audi Sales Co., Ltd. (FAW Audi)and Zhongsheng Group Holdings Limited signed a strategic cooperation agreement in Hangzhou.

Mar. 12 , 2025
Horizon Continental Technology secures hundreds of millions of yuan in angel funding
Horizon Continental Technology secures hundreds of millions of yuan in angel funding

Horizon Continental Technology, a joint venture between Horizon Robotics and Continental AG, recently completed an angel funding round worth several hundred million yuan.

Mar. 12 , 2025
Geely Galaxy's LEVC L380 Land Airbus series all-electric MPV hits market
Geely Galaxy's LEVC L380 Land Airbus series all-electric MPV hits market

On March 10, Geely Auto's Galaxy brand officially put its first high-end all-electric MPV, the LEVC L380 "Land Airbus" series (called "new LEVC L380" for short), onto the market.

Mar. 12 , 2025