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Chinese electric-vehicle maker Leapmotor is considering an initial public offering in Hong Kong that could raise at least $1 billion and happen as soon as next year, Bloomberg reported Tuesday. Leapmotor denied the report.
iAuto plans to invest $1 billion in Human Horizons, fully supporting HiPhi Auto's plan to resume business operations and vehicle production.
RoboSense, a smart LiDAR system technology company, announced on Friday a strategic partnership with DeepRoute.ai, an L4 autonomous driving company.
WM Motor has recently officially applied for bankruptcy review, and the handling court is Shanghai Third Intermediate People's Court.
Recent high temperatures have pushed the power loads of many Chinese provinces to record highs. Many regions across the country have decided to adopt off-peak power consumption or suspended industrial production measures.
Shenzhen-based automotive company BYD announced on August 27 that it will launch a variety of new energy vehicle models for the European market this fall, including the BYD Tang, Han and Yuan PLUS.
On December 1, a number of Chinese new energy automobile enterprises announced their new vehicle deliveries data for the month of November. Performance varies, but most of achieved year-on-year sales growth.
XPeng Motors' "Turing chip", designed for large models, supports up to 30 billion parameters and can be used in robots, AI cars, and flying cars. It was successfully taped out on August 23.
Chinese electric vehicle maker NIO held a product launch event on Wednesday during which the company premiered its newest smart electric mid-large SUV, the ES7, while also unveiling the 2022 ES8, ES6, and EC6.
The Li Auto M7 and M9 are expected to be positioned as medium and large pure electric SUVs, respectively.
The dispute between Tesla Shanghai and a former employee over the infringement of trade secrets will be held in Yangpu District People's Court of Shanghai on December 14. This case is the first case involving the infringement of Tesla China's trade secrets in the country.
Recently, autonomous driving startup Inceptio Technology announced that it had completed its first driverless road test of an L4 heavy-duty truck.