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China’s autonomous truck solution developer Corage closes new strategic financing round
China’s autonomous truck solution developer Corage closes new strategic financing round

Chinese commercial vehicle autonomous driving company Corage announced on March 7 that it has secured strategic investment from Sumitomo Corporation Equity Asia Limited, a strategic investment arm of Sumitomo Corporation.

Mar. 8 , 2023
China's locally-made PV retail sales grow MoM, YoY in Feb. 2023
China's locally-made PV retail sales grow MoM, YoY in Feb. 2023

China's passenger vehicle (PV) retail sales amounted to 1.418 million units in Feb. 2023, growing 10.4% from the previous year, while also rising 8.8% from the previous month, according to the China Passenger Car Association (CPCA).

Mar. 8 , 2023
GAC AION puts AION Y Younger onto market, starting at 119,800 yuan
GAC AION puts AION Y Younger onto market, starting at 119,800 yuan

On March 7, GAC AION, the new energy vehicle (NEV) arm of GAC Group, put the AION Y Younger, onto the market with a guidance price of 119,800 yuan ($17,180). Its advent has further lowered the starting price of the AION Y PLUS’ lineup.

Mar. 8 , 2023
U Power to adopt Renesas’ chips for building of UP Super Chassis
U Power to adopt Renesas’ chips for building of UP Super Chassis

At the UP DAY 2023, a significant tech event held on March 7, U Power, a Chinese skateboard chassis developer, announced its cooperation with the world’s leading semiconductor chip supplier Renesas Electronics.

Mar. 8 , 2023
U Power launches China’s first production-ready skateboard chassis-by-wire product
U Power launches China’s first production-ready skateboard chassis-by-wire product

On Mar. 7, U Power, a Chinese skateboard chassis developer, held a significant tech event “UP DAY 2023”, where the startup unveiled the country's first skateboard chassis-by-wire ready for mass production.

Mar. 7 , 2023
Gasgoo Daily: GAC AION Y Younger to hit market today
Gasgoo Daily: GAC AION Y Younger to hit market today

With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Mar. 7 , 2023