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Horizon Robotics launches Journey 5 chip for smart driving
Horizon Robotics launches Journey 5 chip for smart driving

Beijing-based AI solution provider Horizon Robotics launched on July 29 its new-generation smart driving chip “Journey 5”.

Jul. 29 , 2021
CATL launches 1st-generation sodium-ion battery
CATL launches 1st-generation sodium-ion battery

Chinese power battery giant CATL launched its first-generation sodium-ion battery on July 29.

Jul. 29 , 2021
Xiaomi’s chairman posts job ad for Level 4 self-driving tech development
Xiaomi’s chairman posts job ad for Level 4 self-driving tech development

Lei Jun, founder, chairman and CEO of Xiaomi, on July 28 posted a job ad via his Weibo account for the company’s autonomous driving business unit, which intends to enlist 500 technicians for in-house developed Level 4 smart driving capability.

Jul. 29 , 2021
EV startup Skyworth Auto puts NEV model EV6 onto market
EV startup Skyworth Auto puts NEV model EV6 onto market

Chinese EV startup Skyworth Auto announced on Tuesday its fire new SUV model EV6 hit the market. The new model currently offers four all-electric trim levels, which are priced between 152,800 yuan ($23,480) to 249,800 ($38,390) after subsidies.

Jul. 28 , 2021
JAC Group expected to gain 480 million yuan in semi-annual net profit
JAC Group expected to gain 480 million yuan in semi-annual net profit

JAC Group announced on Tuesday its net profit attributable to shareholders is anticipated to reach roughly 480 million yuan ($73.77 million) for the first half of 2021, rocketing from the net loss of 147.44 million yuan for the year-ago period.

Jul. 28 , 2021
Hefei said to woo Xiaomi’s vehicle business
Hefei said to woo Xiaomi’s vehicle business

Hefei has a good industrial foundation for new energy vehicle (NEV) segment, which is attractive to Xiaomi.

Jul. 27 , 2021