Here Are China’s Fastest Growing Cities
While China’s tier-one and tier-two cities keep rapidly expanding, making us marvel at the speed and quality of their development, the really astounding action is happening elsewhere.
1/16/20205 min read
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Fova Energy Completes Seed+ Financing Round, Raising Millions of US Dollars
Fova Energy, a battery data analysis and decision-making platform, has raised millions of US dollars during a seed+ round of financing from Shunwei Capital, according to Chinese media outlet 36Kr.
3/22/20213 min read
JPMorgan Chase Increases Its Holdings in XPeng Motors
XPeng Motors received an increase in holdings of approximately 12.15 million shares from JPMorgan Chase.
10/8/20242 min read
China VC Weekly: Chassis, 3D Vision, Autonomous Driving and More
In last week’s VC news, EV chassis maker PIX completes pre-A round from an undisclosed investor, prominent autonomous driving firm WeRide closes massive $400 million fundraising and more.
3/31/20226 min read
Geely Auto Group's World-First 3-Gear Hybrid DHT Pro Enters Mass Production
Geely Auto Group announced on December 7 that its world-first 3-gear hybrid electric drive DHT Pro has entered mass production and rolled off the line at the Raytheon DHT Pro Micron Factory at the end of November 2021.
12/7/20212 min read
58.com CEO Calls for Four Billion Yuan Anti-monopoly Fine on Beike
58.com CEO Yao Jinbo on April 10 posted in his WeChat Moments to call for a national antitrust fine of four billion yuan to be imposed on its own competitor Beike, China’s leading online real estate platform.
Photos of BYD and Daimler's JV Denza Model Leaked
On Thursday, the first covert photos of a multi-purpose vehicle (MPV) made by Denza, a joint venture established by BYD and Daimler AG, were leaked.
Tesla Applies for Chinese Trademark for Cybertruck
Tesla has recently applied to register a trademark called "Tesla Cyber" in China.
Evergrande Auto Subsidiary Becomes Judgment Debtor Due to Dishonest Conduct
A Shanghai subsidiary of Evergrande New Energy Vehicle Group (Evergrande Auto) recently released details about it having become a judgement debtor, as well as regarding consumption restriction orders.
10/24/20223 min read
Q&A Site Zhihu Plans Second Listing in Hong Kong
Chinese online Q&A platform Zhihu is planning a second listing in Hong Kong that could raise about $300 million.
1/14/20222 min read
Former NBA Player Yi Jianlian Becomes the All-time Leading Scorer in the Chinese League
With 20 points under his name on the scoresheet, former NBA player Yi Jianlian broke a significant record and became the all-time leading scorer in CBA history, the top Chinese professional basketball league.
Foxconn Chairman Hands Leadership Over To New Committee
Foxconn Chairman Terry Gou announced in his final official appearance as chairman at the June 20 board meeting that he will resign from his position. A nine-person operations committee will take over.
6/21/20192 min read