Search Results for "M"

Huawei publishes pending patent to measure water depth for vehicles
Huawei publishes pending patent to measure water depth for vehicles

The method can be used to improve vehicles’ ADAS capability, and can be applied to the Internet of Vehicles, such as V2X, LTE-V and V2V applications.

Jul. 26 , 2021
Foreign automakers see double-digit H1 sales growth in China
Foreign automakers see double-digit H1 sales growth in China

Despite those foreign automakers’ first-half sales growth, their market shares in China all declined versus the same period of last year.

Jul. 26 , 2021
Chinese chip startup SemiDrive closes 1 billion yuan Series B round
Chinese chip startup SemiDrive closes 1 billion yuan Series B round

Chinese automotive SoC (system-on-chip) developer SemiDrive raised nearly 1 billion yuan ($154.238 million) in a Series B funding round, which was co-led by CDB Equipment Manufacturing Industrial Investment Fund and V Fund.

Jul. 26 , 2021
SGMW scores 39.5% year-on-year leap in first-half deliveries
SGMW scores 39.5% year-on-year leap in first-half deliveries

SAIC-GM-Wuling (SGMW), a joint venture between General Motors and two Chinese automakers, announced on Thursday it delivered 884,195 new vehicles during the first half of 2021, representing a 39.5% year-on-year jump.

Jul. 22 , 2021
Shanghai eyes 350 billion yuan in annual output value of NEV manufacturing industry by 2025
Shanghai eyes 350 billion yuan in annual output value of NEV manufacturing industry by 2025

Shanghai expects the annual output value of its new energy vehicle (NEV) manufacturing industry to reach around 350 billion yuan ($54.123 billion) by 2025, according to a document Shanghai municipal government issued earlier this week.

Jul. 22 , 2021
BAIC Group, subsidiaries given 50 billion yuan worth of credit line from China Development Bank
BAIC Group, subsidiaries given 50 billion yuan worth of credit line from China Development Bank

On July 21, BAIC Group and China Development Bank’s Beijing branch entered into a strategic cooperation agreement under which the latter will grant a credit line worth 50 billion yuan ($7.722 billion).

Jul. 21 , 2021