GAC Group to Invest 2.16B Yuan in Establishment of Electric Drive Tech Firm
On August 11, Chinese state-owned auto manufacturer GAC Group announced plans to set up a new entity tentatively named Electric Drive Technology Company.
8/12/20223 min read
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Xiaomi Fines Partner $148,926 for Leaking Design Documents
On February 2, Chinese electronics maker Xiaomi decided to require a compensation of 1 million yuan ($148,926) from its partner, a molding technology company in Beijing, which leaked a draft version of the front and rear bumpers for Xiaomi's yet-to-be-released vehicle.
2/2/20233 min read
Tyrafos Complets A+ Round of Financing, Led by Yunqi Partners
On Monday, Tyrafos, a CMOS Image Sensor design services provider, announced the completion of an A+ round of financing led by Yunqi Partners.
11/29/20212 min read
Meituan, ByteDance, and Baidu Launch AIGC Products
TikTok parent company ByteDance, food delivery giant Meituan and tech giant Baidu have recently launched their own AI-generated content (AIGC) products.
BYD Invests in Lithium Developer Chengxin Lithium
Shenzhen Chengxin Lithium Group Co., Ltd., a Chinese developer of lithium materials, announced on Tuesday that it plans to raise up to 3 billion yuan ($471 million) by introducing BYD as a strategic investor.
3/23/20222 min read
WeChat Responds to Netizens Opposed to Apps' Background Access of User Photo Albums
A Chinese web user posted on domestic microblogging platform Sina Weibo on Friday, saying that "WeChat, QQ, Taobao and many other apps repeatedly read albums in the background system."
Chinese Drone Maker EHang Eyes $100M IPO
Chinese passenger drone manufacturer EHang expects to raise $100 million in the coming IPO.
Cloudwalk Technology passed IPO deliberation
The Shanghai Stock Exchange has accepted the IPO application of Cloudwalk, a domestic AI enterprise.
How Hydrogen Fits in China's Bid to Decarbonize the Auto Sector
Even if fuel cell vehicles never catch up with battery-based alternatives, they still just might find a few wide-open lanes.
11/24/20227 min read
Tesla China Expands Production Again
According to the Environmental Information Release Platform of Shanghai Enterprises and Institutions, a production line optimization project for the second stage of Tesla Gigafactory Shanghai (Phase I) was completed on September 1.
9/20/20223 min read
OPPO Awards $433K to 10 Winners of 2022 Research Institute Innovation Accelerator
Chinese consumer electronics brand OPPO on August 29 announced 10 winners of its inaugural OPPO Research Institute Innovation Accelerator, which has seen teams from around the world submit technology proposals aimed at tackling some of society's biggest challenges.
8/30/20223 min read
Enterprise Automation Process Platform Naturobot Secures Pre-A2 Round Financing
Naturobot, an enterprise automation process platform to provide information for the management and performance improvement of enterprises, has received Pre-A2 round financing.
3/30/20233 min read