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HUAWEI’s MDC supplier Huanyu Zhixing raises RMB50 million in A-round
HUAWEI’s MDC supplier Huanyu Zhixing raises RMB50 million in A-round

China’s autonomous driving start-up Wuhan Huanyu Zhixing Technology Co., Ltd., completed its A-round financing for RMB 50million from VeriSilicon Microelectronics, according to the corporate data platform Qichacha.

Sep. 8 , 2021
Gasgoo Daily: New BYD Song PLUS EV to use Huawei’s motor system
Gasgoo Daily: New BYD Song PLUS EV to use Huawei’s motor system

With Gasgoo Daily, we will offer important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Sep. 8 , 2021
Tesla sells 44,264 China-made vehicles in August
Tesla sells 44,264 China-made vehicles in August

To break down the monthly volume, Tesla shipped 31,379 China-made vehicles to overseas markets while the wholesale volume in China amounted to 12,885 vehicles, surging 49.5% compared with the previous month.

Sep. 8 , 2021
Mazda Aug. China sales declines 27% YoY
Mazda Aug. China sales declines 27% YoY

In August, Mazda Motor’s China retail sales fell 27.7% year on year to 12,528 vehicles, representing another drop of 7.1% compared to July.

Sep. 7 , 2021
BYD Semiconductor resumes IPO program
BYD Semiconductor resumes IPO program

BYD Semiconductor, the semiconductor unit of BYD Company Limited, has recently resumed its IPO process, which was halted in mid-August due to a regulatory investigation into its advisory law firm.

Sep. 7 , 2021
Former Geely executive joins Xiaomi-backed capital firm, likely to lead vehicle business
Former Geely executive joins Xiaomi-backed capital firm, likely to lead vehicle business

The Beijing-based venture capital company Shunwei Capital recently updated its management team portfolio on its official website. The update showed that the former executive Hu Zhengnan joined Shunwei.

Sep. 7 , 2021