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Chinese EV startup XPeng’s 100,000th vehicle rolls off production line
Chinese EV startup XPeng’s 100,000th vehicle rolls off production line

China’s smart electric vehicle XPeng celebrated the production of its 100,000th vehicle today, marking another new milestone for the company after it hit the 10,000-unit monthly delivery milestone in September.

Oct. 11 , 2021
Chinese battery swapping service provider Aulton nabs 1.5 billion yuan in Series B funding
Chinese battery swapping service provider Aulton nabs 1.5 billion yuan in Series B funding

Aulton, a Chinese leading battery swapping station provider, announced on Sept. 29 it banked 1.5 billion yuan ($232 million) in the Series B financing.

Sep. 29 , 2021
Tesla outsold by top 6 Chinese NEV startups by Aug. insurance registrations
Tesla outsold by top 6 Chinese NEV startups by Aug. insurance registrations

In August, Tesla saw its China-made vehicle registrations plunged 69% from the previous month to 2,802 units, hitting the lowest monthly level since February 2020.

Sep. 29 , 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 self-driving solution provider QCraft raises $100 million in series A+ funding
Chinese self-driving solution provider QCraft raises $100 million in series A+ funding

Chinese autonomous driving startup Qcraft announced on Monday it closed the A+ round financing with $100 million raised.

Aug. 16 , 2021