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Midea's auto parts arm Welling Auto Parts forms strategic partnership with XPeng
Midea's auto parts arm Welling Auto Parts forms strategic partnership with XPeng

On June 20, Welling Auto Parts (Welling), the automotive components division of Midea Group's industrial technology branch, officially announced its strategic cooperation agreement with XPeng, a Chinese new energy vehicle startup.

Jun. 21 , 2023
Freetech to establish global R&D headquarters in Hangzhou
Freetech to establish global R&D headquarters in Hangzhou

June 20, Chinese intelligent driving solutions provider Freetech signed an agreement with the Hangzhou MunicipOnal Government to establish its global R&D management headquarters in Hangzhou High-Tech Zone (Binjiang).

Jun. 21 , 2023
NIO announces investment support from CYVN Holdings
NIO announces investment support from CYVN Holdings

NIO Inc. announced today that it has reached a share subscription agreement with CYVN Holdings L.L.C. (referred to as the "Investor" or "CYVN Holdings"), an investment entity primarily owned by the Abu Dhabi Government.

Jun. 20 , 2023
BYD-backed DENZA sees first mass-produced DENZA N7 vehicles roll off line
BYD-backed DENZA sees first mass-produced DENZA N7 vehicles roll off line

DENZA, the premium auto brand majority-owned by BYD, has seen the first batch of mass-produced DENZA N7 vehicles roll off the production line, said Zhao Changjiang, general manager of the sales department at DENZA.

Jun. 20 , 2023
Leapmotor, ZF to jointly develop smart chassis products
Leapmotor, ZF to jointly develop smart chassis products

Chinese new energy vehicle startup Leapmotor today announced that it has entered into a strategic cooperation agreement with ZF to collaborate closely in the field of intelligent chassis for passenger vehicles.

Jun. 20 , 2023
NIO’s smartphone granted radio approval by China’s MIIT
NIO’s smartphone granted radio approval by China’s MIIT

NIO's smartphone has received radio approval from China’s Ministry of Industry and Information Technology (“MIIT”) on June 19, 2023, indicating the Chinese electric vehicle maker is working energetically for the future launch of its smart phone.

Jun. 20 , 2023