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China’s autonomous driving developer Autocruis has formed a profound partnership with world-leading AI chip enterprise Ambarella for intelligent cockpit development, Autocruis announced on March 21st.
Mar. 22 , 2022
NIO Capital, a Chinese investment firm sponsored by NIO, announced on Mar. 20 the final closing of its flagship fund, Eve ONE Fund II L.P. (“the Fund II”), at around $400 million.
Mar. 22 , 2022
Chinese main power battery suppliers, CATL and Farasis Energy, recently confirmed their adjustment on battery prices due to the hike in raw materials prices.
Mar. 21 , 2022
Several of China’s EV startups all announced price rises on their models, including Leapmotor, WM Motor, XPeng, and Geely’s sub-brand, Geometry, during March 18th-19th.
Mar. 21 , 2022
BAIC Investment and Hyundai Motor have entered into an agreement to jointly inject capital of around $942.2 million in their joint venture Beijing Hyundai, according to an announcement issued on March 18 by BAIC Motor, the parent of BAIC Investment.
Mar. 21 , 2022
In February 2022, NIO's new vehicle registrations stood at 5,664 units, sliding 1.3% from the previous year, while also tumbling 44.4% from the previous month, according to the data compiled by GARI.
Mar. 21 , 2022