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XPeng,Baidu-backed commercial vehicle AD startup Autra.tech closes Pre-A round
XPeng,Baidu-backed commercial vehicle AD startup Autra.tech closes Pre-A round

On June 8th, China’s middle-mile autonomous driving developer, Autra.tech, announced the completion of its Pre-A financing round, raising RMB200 million ($29.91 million).

Jun. 9 , 2022
Gotion High-Tech starts production at battery cathode material base in Lujiang
Gotion High-Tech starts production at battery cathode material base in Lujiang

Gotion High-Tech saw its high-end battery cathode material manufacturing base in Lujiang county, Hefei city started operation on June 8, the battery maker announced via its WeChat account.

Jun. 9 , 2022
Great Wall Motor’s May sales surge 48.88% MoM
Great Wall Motor’s May sales surge 48.88% MoM

Great Wall Motor announced on Wednesday its monthly auto sales reached 80,062 units in May 2022, dipping 7.94% from the previous year, while soaring 48.88% from the previous month.

Jun. 8 , 2022
China-made Mercedes-Benz EQE to be unveiled in mid-June
China-made Mercedes-Benz EQE to be unveiled in mid-June

The made-in-China Mercedes-Benz EQE will make its debut on June 16, Beijing Benz Automotive Co., Ltd. (“BBAC”), a joint venture between BAIC Motor and the German premium automaker, recently said.

Jun. 8 , 2022
Qualcomm deepens cooperation with PATEO for new smart cabin platform solution
Qualcomm deepens cooperation with PATEO for new smart cabin platform solution

On June 7th, Qualcomm deepened the collaboration with PATEO to facilitate the mass production of the next-generation PATEO Qinggan intelligent cockpit platform solution.

Jun. 8 , 2022
Lifan Technology scores 8,704.67% YoY hike in Jan.-May NEV sales
Lifan Technology scores 8,704.67% YoY hike in Jan.-May NEV sales

Chinese automaker Lifan Technology (Group) Co.,Ltd. (“Lifan Technology”) announced this week that it sold 4,030 vehicles in May 2022, 2,419 units of which were new energy vehicles (NEVs).

Jun. 8 , 2022