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GAC Group to invest 40 million yuan in setting up high-precision map-dedicated fund
GAC Group to invest 40 million yuan in setting up high-precision map-dedicated fund

On August 2, Chinese automaker GAC Group announced its plan to invest a total of 40 million yuan through its wholly-owned subsidiaries in establishing a joint venture in the field of high-precision mapping.

Aug. 3 , 2023
AVATR gives out free one-month trial for Huawei’s ADS intelligent driving package
AVATR gives out free one-month trial for Huawei’s ADS intelligent driving package

AVATR, the high-end new energy vehicle brand jointly developed by Changan Automobile, Huawei, and CATL, on August 2 launched a time-limited promotion regarding its ADS (Advanced Driving System) premium package.

Aug. 3 , 2023
SERES Group sells 6,934 new energy vehicles in July 2023
SERES Group sells 6,934 new energy vehicles in July 2023

In July 2023, SERES Group, Huawei's automaking partner, encountered double-digit year-on-year decline in monthly sales of both oil-fueled and new energy vehicles (NEVs), according to the company’s announcement issued this week.

Aug. 3 , 2023
BAIC BJEV sees 7.72% YoY dip in July auto sales
BAIC BJEV sees 7.72% YoY dip in July auto sales

Beijing-based new energy vehicle maker BAIC BJEV saw its monthly auto sales dip 7.72% from a year ago in July, according to its parent company BAIC BluePark’s announcement issued on August 2.

Aug. 3 , 2023
CATL to procure battery-grade lithium hydroxide products from Yahua Group
CATL to procure battery-grade lithium hydroxide products from Yahua Group

Sichuan Yahua Industrial Group Co., Ltd. announced on Aug. 3 that its wholly-owned subsidiary, Yahua Lithium Industry (Ya'an) Co., Ltd. has signed an agreement for battery-grade lithium hydroxide transation with CATL.

Aug. 3 , 2023
Chinese automotive chip supplier SemiDrive partners with Samsung Semiconductor
Chinese automotive chip supplier SemiDrive partners with Samsung Semiconductor

On August 2, Chinese automotive chip maker, SemiDrive, announced its long-term strategic collaboration with Samsung Semiconductor. The partnership mainly targets the advancement of automotive semiconductor projects.

Aug. 3 , 2023