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China’s NOVAUTO so far raises over 200 million yuan in Series A financing round
China’s NOVAUTO so far raises over 200 million yuan in Series A financing round

China’s intelligent driving computing solution provider, NOVAUTO, announced the completion of the second settlement of its A2 financing round worth roughly 100 million yuan ($14.5 million).

Oct. 10 , 2022
Honda Motor says China sales drop 16.8% YoY in Sept. 2022
Honda Motor says China sales drop 16.8% YoY in Sept. 2022

Honda Motor announced today its monthly China sales reached 101,069 units in Sept. 2022, dropping 16.8% from a year earlier, while also tumbling 25.97% from the previous month.

Oct. 10 , 2022
SenseTime-backed investment arm joins Autowise.ai's B3 strategic round
SenseTime-backed investment arm joins Autowise.ai's B3 strategic round

China’s autonomous driving solution provider Autowise.ai recently announced that the venture capital firm of SenseTime and others have taken part in its B3 strategic financing round.

Oct. 10 , 2022
Lifan Technology boasts 1,576% YoY surge in Sept. 2022 NEV sales
Lifan Technology boasts 1,576% YoY surge in Sept. 2022 NEV sales

Chinese automaker Lifan Technology (Group) Co., Ltd. ("Lifan Technology") announced on Oct. 9 that it sold 4,542 vehicles in Sept. 2022, representing a precipitous surge of 2,002.78% year-over-year.

Oct. 9 , 2022
Gotion High-tech starts construction of Yichun battery base’s second phase
Gotion High-tech starts construction of Yichun battery base’s second phase

On October 8, Gotion High-tech Co., Ltd. broke ground on the second phase of its battery manufacturing base in Yichun city, Jiangxi province, signifying an important step for its production capacity expansion efforts.

Oct. 9 , 2022
Gasgoo Daily: NIO applies for NIO CAFE trademark
Gasgoo Daily: NIO applies for NIO CAFE trademark

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

Oct. 9 , 2022