On Sept. 15, Evergrande Automobile (HK.0708) announced that it had raised HK$4 billion in investment through the placement of new shares to support its new energy vehicle development.
We’re going to provide a brief list of China’s most valuable automobile companies by market capitalization as of August 2020.
Chinese EV manufacturer Xpeng Motors has raised an additional $100 million, bringing total funding to $400 million.
Lu Bin, the co-founder and chief travel officer of WM Motor, resigned on Aug. 5.
Luckin Coffee chairman Lu Zhengyao resigned on Tuesday from the board of China Auto Rental Co., Ltd. (CAR), Tencent Finance reported.
As SAIC-GM-Wuling Joint Venture introduces a new van to support small businesses, both of its shares and sales increased.
Beijing-based Neolix, a startup focusing on developing autonomous delivery vehicles, has seen their order volume rise given the huge surge in demand for this technology.
Chinese telecom giant Huawei has recruited executives from BAIC Group to augment their capabilities in smart automotive solutions.
Tencent unveiled a voice-operated version of its messaging app WeChat for use in vehicles in partnership with Chinese car maker Chang’an Automobile.
China’s real estate giant Evergrande Group announced on June 29 that the company’s all-electric NEVS 93’s are finally ready to be delivered to customers.
Envision AESC, a Chinese battery technology company, released the new-generation Gen5-811 AIoT battery at the 18th Shanghai International Automobile Industry Exhibition on April 17.
On Jan. 21st, the Chinese autonomous driving company Roadstar.ai announced the dismissal of one of its co-founders Zhou Guang. All relevant labor contracts have been terminated accordingly.
According to Beijing Innovation Center for Mobility Intelligent, the Beijing Municipal Government issued license plates to seven companies on September 22 for street testings of autonomous vehicles.
On August 27 at the launching ceremony of GWM WEY VV6, tech giant Baidu and Chinese automaker Great Wall Motors (GWM) announced the intention to deepen research and development (R&D) in high-definition maps and autonomous cars on Baidu’s open platform Apollo.
The second annual Baidu AI Developers Conference, officially known as Baidu Create 2018, opened in Beijing today. Baidu unveiled China’s first cloud-to-edge AI chip, Kunlun, and many other upgraded versions of Baidu‘s AI products this morning on the first day of this two-day event.