Search Results for "Chinese"

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
Li Auto for the first time tops Chinese NEV startups by monthly insurance registrations
Li Auto for the first time tops Chinese NEV startups by monthly insurance registrations

Li Auto, the NEV manufacturer with only one production model for sale, recorded 7,827 units of monthly insurance registrations in June, according to the China Automotive Technology & Research Center.

Jul. 12 , 2021
Challenges, opportunities for today’s Chinese auto export business
Challenges, opportunities for today’s Chinese auto export business

There are many opportunities juxtaposed with challenges for China’s auto exports

Jul. 7 , 2021
Chinese LiDAR maker Hesai closes $300 million plus Series D financing
Chinese LiDAR maker Hesai closes $300 million plus Series D financing

Hesai, a Shanghai-based LiDAR manufacturer, announced on June 8 the completion of its Series D funding with over $300 million raised. The latest financing round was led by GL Ventures, Xiaomi, Meituan, and CITICPE.

Jun. 8 , 2021
Why Chinese Internet giants race to dive into car business
Why Chinese Internet giants race to dive into car business

One of the main reasons for Internet tech companies’ zeal in car cause is the huge market potential of smart cars and new energy vehicles (NEVs) in China.

Jun. 7 , 2021
Chinese EV startups outperform Tesla by April insurance registrations with joint efforts
Chinese EV startups outperform Tesla by April insurance registrations with joint efforts

Tesla saw its April insurance registrations plunge 65.5% over a month ago to 11,949 units, fewer than the totals of all Chinese startups.

May 27 , 2021