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Chinese battery maker CALB boasts 198.9% YoY spike in 2022 revenue
Chinese battery maker CALB boasts 198.9% YoY spike in 2022 revenue

On March 28, Chinese power battery supplier CALB Co., Ltd. (“CALB”) released its first annual report after going public. In 2022, the company achieved a revenue of about 20.375 billion yuan, up 198.9% year-on-year.

Mar. 30 , 2023
Black Sesame Technologies, Cao Cao Mobility ally on advanced intelligent driving tech commercialization
Black Sesame Technologies, Cao Cao Mobility ally on advanced intelligent driving tech commercialization

On March 29, Black Sesame Technologies and Geely-backed Cao Cao Mobility signed a strategic cooperation agreement for the commercialization of advanced intelligent driving technology.

Mar. 30 , 2023
BAIC Trucks’ DT@iFactory digital twin smart factory begins operation
BAIC Trucks’ DT@iFactory digital twin smart factory begins operation

On March 28, BAIC Group’s commercial vehicle arm, BAIC Trucks, saw its digital twin smart factory, namely the DT@iFactory, officially start operation.

Mar. 29 , 2023
Greater Bay Technology bags 3 billion yuan of funds from multiple banks
Greater Bay Technology bags 3 billion yuan of funds from multiple banks

Greater Bay Technology (“GBT”), a supercharging technology developer incubated by GAC Group, raised nearly 3 billion yuan by signing an agreement with a slew of banks on Mar. 28, according to GBT’s press release.

Mar. 29 , 2023
BYD scores 96.2% YoY spike in 2022 annual revenue
BYD scores 96.2% YoY spike in 2022 annual revenue

BYD Company Limited announced this week its annual revenue reached around 424.061 billion yuan in the year of 2022, surging 96.2% from the previous year.

Mar. 29 , 2023
DiDi kicks off autonomous driving taxi service in Guangzhou
DiDi kicks off autonomous driving taxi service in Guangzhou

Didi Chuxing (DiDi) announced via its WeChat account that its autonomous driving taxis (Robotaxis) became available for ride-hailing in Guangzhou city, Guangdong Province from March 27.

Mar. 29 , 2023