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On May 19th, LEEKR Technology, China’s chassis-by-wire system solution provider, announced the completion of its Series A and A+ rounds of investment, raising roughly RMB200 million ($29.6 million).
May 19 , 2022
Chinese automaker Beijing Automobile Works Co., Ltd. (“BAW”) on Wednesday kicked off presale of an all-new mini all-electric vehicle model, named “Yuanbao”.
May 19 , 2022
Haima Automobile is about to launch a new BEV model, named the Haima 7X-E, which will be available for presale in the second quarter of 2022 and formally go on sale in the third quarter this year.
May 19 , 2022
Cummins and Chongqing Machinery & Electric Co., Ltd. (“CQME”), a Chinese CV component supplier, together announced on May 17 the continuation of their joint-venture partnership, according to a post on Cummins’ WeChat account.
May 18 , 2022
On May 18th, Beijing-based autonomous driving developer PhiGent Robotics announced the completion of its A financing round, raising $30 million in total.
May 18 , 2022
DENZA, a premium auto brand majority-owned by BYD, received orders totaling 5,679 units of the D9 only 24 hours after presale of the fire new MPV model kicked off on May 16.
May 18 , 2022