Atech Completes Round A Financing
On August 2, Atech Automotive (Wuhu) Co., Ltd., an auto parts company, announced the recent completion of an A round of financing, though the amount was not been disclosed.
8/4/20222 min read
Tag: #automotive industry
Showing 12 of 758 posts with this tag
NIO Founder Points Out Eight Problems Faced Last Year
2022 was a turbulent year for the Chinese electric vehicle industry. William Li, Chairman and CEO of NIO, sent a letter to all employees on the first day of the new year, listing eight problems that need to be settled.
1/5/20233 min read
CAAM Removes Clause About Car Companies Not Engaging in "Price Wars"
On the 8th, China Association of Automobile Manufacturers issued a statement on its official website stating that the previous commitment letter's mention of "disrupting market fair competition order with abnormal prices" involving "prices" was expressed improperly. Therefore, this clause has been removed from the commitment letter.
7/8/20233 min read
Horizon Robotics to Set Up JV with Volkswagen
German motor vehicle manufacturer Volkswagen Group announced on October 13 a new partnership between its software company CARIAD and Horizon Robotics, a leading provider of computing solutions for smart vehicles in China.
10/13/20223 min read
AI Firm Horizon Robotics Wins Strategic Investment From FAW Group
Horizon Robotics announced on Monday that it has obtained strategic investment from FAW Group, and that the transaction has been completed.
6/27/20222 min read
GAC AION and Didi's Self-Driving Joint Venture Have Obtained the Business License
GAC AION and Didi's joint venture have obtained the business license, with plans to mass-produce the first batch of L4 models next year.
4/7/20242 min read
Li Auto CEO Li Xiang: Reasons for Delaying Launch Sentry Mode
On April 23rd, Li Xiang, CEO of Li Auto stated in a post that the release of Sentry mode was delayed for several months due to compatibility issues with the car model.
4/24/20232 min read
Chinese AI Firm DeepBlue Accelerates Layout in Autonomous Driving and Automaking
The competitive field of autonomous driving constantly attracts companies in various industries to transform. DeepBlue Technology, a Shanghai-based AI company, has promoted its industrial chain layout in the autonomous driving and new energy vehicle sectors.
12/2/20223 min read
Geely-Backed ECARX Kicks Off Strategic Cooperation With AMD
Geely-backed auto parts supplier ECARX announced on August 5 that it has reached a strategic cooperation agreement with AMD, an American semiconductor company.
8/5/20222 min read
CATL and Huawei to Jointly Build High-End EV Brand for Global Market
China's leading battery firm CATL and Shenzhen-based tech giant Huawei signed a new memorandum of cooperation in Ningde, Fujian Province on December 14.
12/15/20223 min read
NIO's Sub-Brand Alps Gears Up for Trial Production of its First Model, "DOM"
According to multiple insiders cited by Chinese media outlet 36Kr, NIO's sub-brand, Alps, plans to start trial production of its first model, "DOM" (internal c...
BYD's New Patents Offer Hints on Yangwang High-End SUVs
On the evening of November 8, Chinese automaker BYD unveiled a new high-end vehicle brand called Yangwang. Three days later, several automobile patents applied for by BYD were made public, revealing the possible design of these future premium off-road vehicles.
11/11/20223 min read