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AVATR completes Series A round with valuation closing in on RMB10 billion
AVATR completes Series A round with valuation closing in on RMB10 billion

AVATR Technology, the auto startup backed by Changan Automobile, CATL, and Huawei, announced the completion of its Series A financing round on August 2nd.

Aug. 3 , 2022
HOZON Auto to use BlackBerry QNX system on NETA S
HOZON Auto to use BlackBerry QNX system on NETA S

HOZON Auto announced on Tuesday the cooperation with the Canadian tech company BlackBerry to promote the applications of intelligent technologies in vehicle driving, automotive cockpit, and other scenarios.

Aug. 3 , 2022
IM Motors inks agreement for Series A equity financing
IM Motors inks agreement for Series A equity financing

IM Motors, the premium electric vehicle joint venture among SAIC Motor, Alibaba Group, and Zhangjiang Hi-Tech, announced on Monday it had signed an agreement for its Series A equity financing.

Aug. 2 , 2022
SGMW launches Wuling Asta HEV
SGMW launches Wuling Asta HEV

SAIC-GM-Wuling ("SGMW"), General Motors' joint venture with Chinese partners SAIC Motor and Guangxi Automobile Group, officially launched the Wuling Asta's HEV (hybrid electric vehicle) version on August 2.

Aug. 2 , 2022
Pony.ai to deploy Robotaxi service on Cao Cao Mobility’s car-hailing platform
Pony.ai to deploy Robotaxi service on Cao Cao Mobility’s car-hailing platform

Pony.ai announced on August 2nd that it reached an agreement with China’s ride-sharing mobility service provider, Caocao Mobility, to include its Robotaxi service into the platform.

Aug. 2 , 2022
BYD teams up with Hedin Mobility Group to deliver electric cars in Germany, Sweden
BYD teams up with Hedin Mobility Group to deliver electric cars in Germany, Sweden

BYD announced on Monday that the leading European car dealer, Hedin Mobility Group, had been appointed as its "Dealer +" in Germany and Sweden.

Aug. 2 , 2022