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Li Auto breaks ground on power semiconductor R&D, production base in Suzhou
Li Auto breaks ground on power semiconductor R&D, production base in Suzhou

On August 24, Li Auto officially started construction of its power semiconductor R&D and production base in Suzhou city, Jiangsu province.

Aug. 24 , 2022
DENZA D9 hits market, starting at 329,800 yuan
DENZA D9 hits market, starting at 329,800 yuan

DENZA, a premium auto brand majority-owned by BYD, saw its all-new MPV model "D9" officially hit the market on August 23. Coming with seven trim levels, the DENZA D9 features a price range of 329,800 yuan to 459,800 yuan ($48,080-$67,040).

Aug. 24 , 2022
Joyson Electronics turns loss into profit in Q2 2022
Joyson Electronics turns loss into profit in Q2 2022

China’s leading automotive electronics supplier Joyson Electronics successfully turned its loss into a profit in the second quarter of 2022, according to the company’s financial statement released on August 23rd.

Aug. 24 , 2022
NIO rumored to buy CALB’s batteries for ALPS-branded vehicles
NIO rumored to buy CALB’s batteries for ALPS-branded vehicles

NIO has formed cooperation with CALB Co., Ltd. on power battery supply for its yet-to-be-launched sub-brand “ALPS”, a local media outlet reported today, citing people with knowledge of this matter.

Aug. 23 , 2022
U Power to build skateboard chassis base in Liuzhou, Guangxi
U Power to build skateboard chassis base in Liuzhou, Guangxi

China’s skateboard chassis developer, U Power, announced on August 23rd the cooperation with local authorities of Liudong New Area, Liuzhou, Guangxi Zhuang autonomous region, regarding an industrial base for skateboard chassis.

Aug. 23 , 2022
China’s autonomous driving startup Mogo Auto to help Beijing build smart transportation system
China’s autonomous driving startup Mogo Auto to help Beijing build smart transportation system

Beijing-based autonomous driving company Mogo Auto, inked a strategic cooperation agreement with the district government of Beijing Tongzhou District on August 22nd for the construction of a smart transportation system in the area.

Aug. 23 , 2022