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China’s sodium-ion battery firms Weifang Energy closes Pre-B funding round
China’s sodium-ion battery firms Weifang Energy closes Pre-B funding round

Shenzhen Weifang Energy Technology Co., Ltd., a Chinese sodium-ion battery developer, announced that it completed a Pre-B round of financing on July 1 with hundreds of millions of yuan raised.

Jul. 4 , 2023
BMW Brilliance allies with Baidu to explore AI automotive manufacturing integration
BMW Brilliance allies with Baidu to explore AI automotive manufacturing integration

BMW Brilliance recently held a signing ceremony for a strategic cooperation memorandum with Chinese tech giant Baidu, aiming to leverage their respective strengths and explore the integration of AI technology with automotive manufacturing.

Jul. 4 , 2023
Horizon Robotics partners with NavInfo for intelligent driving applications
Horizon Robotics partners with NavInfo for intelligent driving applications

Horizon Robotics, leading automotive computing solution provider, recently announced a strategic collaboration with NavInfo, the Chinese automotive intelligence technology developer.

Jul. 4 , 2023
BYD announces name of first model under ‘Fangchengbao’ brand
BYD announces name of first model under ‘Fangchengbao’ brand

On July 4, following the official announcement that BYD's specialized and personalized sub-brand has been officially named "Fangchengbao", the company once again claimed that the brand's first mass-produced model would be named "Bao 5" (Leopard 5).

Jul. 4 , 2023
China hits production milestone of 20 million new energy vehicles
China hits production milestone of 20 million new energy vehicles

On July 3, the momentous production of the 20 millionth new energy vehicle (NEV) in China was marked with an event in Guangzhou, according to a report from Xinhua News Agency.

Jul. 4 , 2023
GAC AION’s Hyper GT hits market, starting at 219,900 yuan
GAC AION’s Hyper GT hits market, starting at 219,900 yuan

On July 3, Hyper, GAC AION’s nascent sub-brand dedicated to premium electric vehicles, officially put the Hyper GT car model onto the market.

Jul. 4 , 2023