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EHang nabs $23 million strategic investment led by K-pop pioneer Lee Soo-man
EHang nabs $23 million strategic investment led by K-pop pioneer Lee Soo-man

EHang Holdings Limited, a global leading autonomous aerial vehicle (AAV) technology company, announced on July 12 that it has signed an agreement for a directed share issuance worth $23 million with several strategic investors.

Jul. 12 , 2023
HiRain Technologies, Jiangling Motors to co-build intelligent electric vehicle platform in Nanchang
HiRain Technologies, Jiangling Motors to co-build intelligent electric vehicle platform in Nanchang

HiRain Technologies, Jiangling Motors Group Co., Ltd., and the authority of Nanchang Xiaolan Economic and Technological Development Zone (“Nanchang Xiaolan”) inked a tripartite agreement for an intelligent electric vehicle platform project.

Jul. 12 , 2023
Mercedes-Benz Passenger Cars posts 6% YoY rise in H1 2023 China deliveries
Mercedes-Benz Passenger Cars posts 6% YoY rise in H1 2023 China deliveries

On July 11, Mercedes-Benz Passenger Cars ("Mercedes-Benz") announced via its WeChat news account that it had delivered over 377,200 new vehicles to Chinese customers in the first half of 2023, representing a 6% year-on-year growth.

Jul. 12 , 2023
Huixi Technology closes strategic financing round led by Jingwei HiRain
Huixi Technology closes strategic financing round led by Jingwei HiRain

Huixi Technology, the Chinese automotive computing platform developer, announced on July 11 the completion of a strategic financing with hundreds of millions of yuan raised.

Jul. 12 , 2023
BYD invests in semiconductor company JOYSINGTECH
BYD invests in semiconductor company JOYSINGTECH

JOYSINGTECH, a Chinese semiconductor facility manufacturer, recently underwent a business change, where two new shareholders, including BYD Company Limited, were introduced.

Jul. 12 , 2023
Changan Automobile deepens cooperation with Tencent on multiple fronts
Changan Automobile deepens cooperation with Tencent on multiple fronts

On July 11, Changan Automobile and Tencent signed an agreement to deepen their strategic cooperation. The two sides will strengthen their partnership in multiple areas.

Jul. 12 , 2023