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Beijing completes nearly 4 million km autonomous driving test mileage in 2021
Beijing completes nearly 4 million km autonomous driving test mileage in 2021

On January 26th, Beijing released a report demonstrating the city’s achievements in the autonomous driving road test field in 2021, with nearly 4 million km of mileage.

Jan. 27 , 2022
Sokon Group initiates private placement to develop EV models
Sokon Group initiates private placement to develop EV models

Chongqing Sokon Industry Group Stock Co., Ltd. (Sokon Group), the holding company of the auto brand, SERES, is planning to raise RMB7.13 billion ($1.125 billion) through private placement.

Jan. 27 , 2022
CALB to build 100GWh power battery, energy storage system bases in Guangzhou, Jiangmen
CALB to build 100GWh power battery, energy storage system bases in Guangzhou, Jiangmen

CALB signed two investment agreements this week for the plans to build power battery and energy storage system manufacturing bases in Guangzhou and Jiangmen cities of Guangdong provinces.

Jan. 27 , 2022
China encourages Shenzhen to boost deployment of EV charging, battery swap facilities
China encourages Shenzhen to boost deployment of EV charging, battery swap facilities

China's NDRC and MOFCOM issued a document saying the central government will support Shenzhen in constructing and operating new-type integrated infrastructures for NEV charging, discharging, battery swapping, and energy storage.

Jan. 26 , 2022
China’s LiDAR supplier LiangDao Intelligence completes A+ round
China’s LiDAR supplier LiangDao Intelligence completes A+ round

China’s LiDAR system solution provider, LiangDao Intelligence, has completed its A+ financing round, raising over hundreds of millions of yuan.

Jan. 26 , 2022
NIO’s LiDAR supplier Innovusion joins hands with autonomous driving company Mushroom
NIO’s LiDAR supplier Innovusion joins hands with autonomous driving company Mushroom

China’s LiDAR supplier Innovusion has inked a strategic cooperation agreement with autonomous driving company Mushroom for LiDAR-based autonomous driving development in the following three years.

Jan. 26 , 2022