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VW’s software subsidiary CARIAD, Horizon Robotics to build joint venture for ADAS, AD solutions
VW’s software subsidiary CARIAD, Horizon Robotics to build joint venture for ADAS, AD solutions

Volkswagen Group today announced a new partnership between its software subsidiary CARIAD and Horizon Robotics, one of the leading computing solution providers for smart vehicles in China, which was formed to speed up the regional development of Adva

Oct. 13 , 2022
China’s Tuopu Group to build NEV core parts manufacturing base in Huzhou city
China’s Tuopu Group to build NEV core parts manufacturing base in Huzhou city

Ningbo Tuopu Group recently inked an investment agreement with the management committee of Changxing Economic and Technological Development Zone to build a new auto parts plant in Huzhou city.

Oct. 13 , 2022
EVE Energy’s Q1-Q3 2022 net profit expected to grow 10%-20% YoY
EVE Energy’s Q1-Q3 2022 net profit expected to grow 10%-20% YoY

For the first three quarters of 2022, EVE Energy expects its net profit attributable to shareholders to reach 2,437,385,400-2,658,965,900 yuan (US$339.044 million-369.866 million), growing 10%-20% YoY.

Oct. 13 , 2022
China’s automotive sensor supplier ANNGIC completes Series-C financing round
China’s automotive sensor supplier ANNGIC completes Series-C financing round

Shenzhen-based automotive sensor supplier ANNGIC recently completed its Series-C financing round, raising over a million yuan, the company announced earlier this week.

Oct. 13 , 2022
Shanghai aims to see L3 vehicles account for over 70% of newly produced cars by 2025
Shanghai aims to see L3 vehicles account for over 70% of newly produced cars by 2025

Shanghai is set out to build a comprehensive intelligent traffic and green transportation system citywide in C-V2X, intelligent connected vehicle terminals, and mobility as a service (MaaS) aspects.

Oct. 13 , 2022
Changan Automobile's auto sales jump 14.42% YoY in Sept. 2022
Changan Automobile's auto sales jump 14.42% YoY in Sept. 2022

In September, Chongqing Changan Automobile Co., Ltd. (Changan Automobile) saw its year-to-date overseas sales volume of its wholly-owned auto brands surge 48.06% year over year.

Oct. 13 , 2022