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Continental Group invests in China's autonomous driving company MOTOVIS
Continental Group invests in China's autonomous driving company MOTOVIS

On June 13th, China’s autonomous driving developer, MOTOVIS, announced the completion of its Series C financing round with strategic investment from Continental Group.

Jun. 13 , 2022
NIO expects vehicle margin to bounce back in Q3, confirms plan to enter U.S. market
NIO expects vehicle margin to bounce back in Q3, confirms plan to enter U.S. market

On June 9, NIO held an earnings call to elucidate the first-quarter 2022 financial results it releasd earlier the same day and answer the questions raised by investors.

Jun. 12 , 2022
China adds about 963,000 charging piles in Jan.-May 2022, up 409.5% YoY
China adds about 963,000 charging piles in Jan.-May 2022, up 409.5% YoY

By the end of May 2022, there had been 3.581 million charging piles deployed across China, up 91.5% from the same period of last year, according to the China Electric Vehicle Charging Infrastructure Promotion Alliance (EVCIPA).

Jun. 10 , 2022
Ex-CEO of TuSimple sets up hydrogen-focused L4 AD truck company HYDRON
Ex-CEO of TuSimple sets up hydrogen-focused L4 AD truck company HYDRON

On June 10th, Chen Mo, founder and former CEO of the Nasdaq-listed autonomous driving developer TuSimple, announced the establishment of a hydrogen-focused L4 autonomous heavy-duty truck company, HYDRON.

Jun. 10 , 2022
Desay SV breaks ground on Phase II of Huinan Industrial Park
Desay SV breaks ground on Phase II of Huinan Industrial Park

China’s major auto part supplier Desay SV broke ground on Phase II of its intelligent connected project in Huinan Industrial Park in southern Huizhou city, Guangdong Province.

Jun. 10 , 2022