Articles Tagged with "AI"

Startup AIWAYS said to obtain RMB1 billion investment from government-backed fund
Startup AIWAYS said to obtain RMB1 billion investment from government-backed fund

China’s EV startup AIWAYS has got RMB1 billion worth of investment, which is backed by a fund entity named Shangrao Mingchi New Energy Innovative Center (Limited Partnership) (hereinafter referred to as Mingchi Fund or targeted fund).

May 29 , 2019
NIO gains RMB10 billion worth of investment
NIO gains RMB10 billion worth of investment

China-based EV startup NIO got RMB10 billion worth of investment in May by signing a framework agreement with Beijing E-Town International Investment & Development Co.,Ltd (Beijing E-Town Capital).

May 28 , 2019
China issues detail policies regarding Vehicle Purchase Tax Law
China issues detail policies regarding Vehicle Purchase Tax Law

To implement earnestly Vehicle Purchase Tax Law of the PRC, China’s Ministry of Finance and State Taxation Administration jointly issued on May 24 the Announcement on Detailed Policies Concerning Vehicle Purchase Tax, which shall come into effect on

May 27 , 2019
China EV startup AIWAYS said to acquire stakes in Jiangling Motors
China EV startup AIWAYS said to acquire stakes in Jiangling Motors

China-based EV startup AIWAYS is said to acquire stakes in Jiangling Motors Co., Ltd. (JMC), while the detail transaction value still remained unknown, according to a financing record exposed by Tianyancha on May 23.

May 24 , 2019
Tesla to hold job fair for Shanghai Gigafactory on May 29
Tesla to hold job fair for Shanghai Gigafactory on May 29

The U.S.-based EV startup Tesla is ready to hold a job fair on May 29 to recruit staff for its Gigafactory 3 in Shanghai, according to an official WeChat account Tesla especially created for recruitment.

May 23 , 2019
Hongqi’s all-new H7 said to be mass produced in May 2020
Hongqi’s all-new H7 said to be mass produced in May 2020

Hongqi, a premium car brand owned by China’s state-owned FAW Group, will put its all-new H7 sedan into volume production in May next year, according to local media outlets.

May 21 , 2019