Showing 12 of 1789 posts with this tag
NIO Capital will invest tens of millions of US dollars in electric vehicle startup Zhixing. William Li, the founder and chairman of NIO, once said internally that incubating this project is the firm's "strategic layout in specific market segments."
Hesai Technology, a firm specializing in lidar solutions for autonomous and assisted driving, announced Thursday that its AT128 lidar will begin mass production in the second half of 2022.
Chinese automaker GAC Group announced on October 20 that its subsidiary GAC Aion has completed round-A financing of 18.294 billion yuan ($2.42 billion) from a total of 53 strategic investors, boosting its post-investment valuation to 103.294 billion yuan.
Huawei unveiled its first new energy car equipped with a self-developed 5G autonomous system at the 2021 Shanghai Auto Show, in partnership with Chinese automaker Seres.
XPeng Motors received an increase in holdings of approximately 12.15 million shares from JPMorgan Chase.
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.
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.
On Tuesday, the China Passenger Car Association (CPCA) released a report on the country's passenger car market for the month of December 2021.
On May 31st, Faraday Future (FF) announced the price of its first model FF 91 2.0 Futurist Alliance (2.0 refers to an updated version): $309,000 USD, about RMB 2.2 million.
On September 16, Tesla's official website in China showed that the shortest expected delivery time of all models of the company's Model 3 and Model Y has been shortened to one week.
On February 20, Newrizon, a smart new energy commercial vehicle company in China, announced that it had received a Series B+ round financing of over 100 million yuan ($14.6 million) from NIO Capital.
On November 25, Faraday Future headquarters will hold a creditors meeting to discuss the bankruptcy reorganization proposal put forth by the former CEO of the company, Jia Yueting.