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Millimeter-wave sensor chip supplier Possumic Technology closes Series A funding round
Millimeter-wave sensor chip supplier Possumic Technology closes Series A funding round

On December 2, Possumic Technology, a Chinese millimeter-wave sensor chip developer, announced the successful completion of its Series A funding round, which raised for the company nearly 100 million yuan.

Dec. 4 , 2024
Tesla's Gigafactory Shanghai delivers 78,856 vehicles in Nov. 2024
Tesla's Gigafactory Shanghai delivers 78,856 vehicles in Nov. 2024

US electric maker Tesla's Gigafactory Shanghai delivered 78,856 vehicles via wholesale in November 2024, according to preliminary data from the China Passenger Car Association. This marked a 15% month-over-month increase.

Dec. 4 , 2024
AVATR 11 REEV, upgraded BEV versions hit market
AVATR 11 REEV, upgraded BEV versions hit market

On December 2, AVATR Technology officially put the range-extended version (REEV) of its flagship smart luxury SUV, the AVATR 11, on to the market, alongside an upgraded all-electric model (BEV).

Dec. 4 , 2024
Li Auto to implement overtime fees at supercharging stations starting mid-Dec.
Li Auto to implement overtime fees at supercharging stations starting mid-Dec.

Li Auto will begin trialing an "overtime fee" operation at its supercharging stations in mid-December this year.

Dec. 4 , 2024
Chinese company LEAD delivers full-tab cylindrical cell production line equipment for export
Chinese company LEAD delivers full-tab cylindrical cell production line equipment for export

On November 28, Wuxi Lead Intelligent Equipment Co., Ltd. ("LEAD"), a Chinese manufacturer of lithium battery intelligent equipment, announced the successful delivery of China's first full-tab cylindrical cell production line equipment for export.

Dec. 4 , 2024
GAC Group to transfer stake in Greater Bay Technology for optimized investment in new energy battery sector
GAC Group to transfer stake in Greater Bay Technology for optimized investment in new energy battery sector

On December 3, 2024, GAC Group convened its 74th meeting of the 6th Board of Directors, approving the resolution to transfer part of its equity in Greater Bay Technology.

Dec. 4 , 2024