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Automotive LiDAR chip supplier Fortsense closes Series C financing
Automotive LiDAR chip supplier Fortsense closes Series C financing

Shenzhen-based integrated circuit developer Fortsense announced on December 12 the completion of its Series C financing which raised for the company several hundred million yuan.

Dec. 13 , 2022
Dongfeng Motor Group sees Nov. NEV sales jump 36.63% YoY
Dongfeng Motor Group sees Nov. NEV sales jump 36.63% YoY

In November, Dongfeng Motor Group Company Limited (Dongfeng Motor Group) sold 153,898 vehicles, representing a 42.22% decline from a year ago.

Dec. 13 , 2022
ZF Group to build new auto electronics factory in Guangzhou’s Huadu District
ZF Group to build new auto electronics factory in Guangzhou’s Huadu District

On Dec. 12, ZF Group signed an investment agreement with Guangzhou Huadu District Government to build a new automotive electronics factory.

Dec. 13 , 2022
Autonomous truck developer DeepWay greenlighted for open road test in Beijing
Autonomous truck developer DeepWay greenlighted for open road test in Beijing

China’s commercial vehicle autonomous driving technology developer DeepWay announced on December 9 that it has received the road test license from the Beijing High-level Automated Driving Demonstration Area (BJHAD).

Dec. 12 , 2022
China deploys 4.949 million EV charging piles by Nov. 2022
China deploys 4.949 million EV charging piles by Nov. 2022

By the end of Nov. 2022, there had been 4.949 million charging piles deployed across China, up 107.5% compared to the cumulative volume reached by the same period of last year.

Dec. 12 , 2022
QCraft launches NOA solution powered by Horizon Robotics’ Journey 5 chip
QCraft launches NOA solution powered by Horizon Robotics’ Journey 5 chip

On December 12, leading autonomous driving solution provider, QCraft, officially launched its advance driving assistance system, namely Qingzhou Chengfeng, which is built on Horizon Robotics’ Journey 5 chip.

Dec. 12 , 2022