Li Auto, a Chinese new energy automobile enterprise, held a signing ceremony on August 17 to announce that it will build an international new energy automobile core parts industrial park in Changzhou, Jiangsu Province.
Chinese automobile manufacturer Great Wall Motor announced on August 16 that it has signed a strategic cooperation contract with the Xishan Economic and Technological Development Zone in Jiangsu province.
On August 10, GiantOhm, an automobile resistor manufacturer, adding as a shareholder Beijing Xiaomi Zhizao Equity Investment Fund Partnership (Limited Partnership), a company associated with Xiaomi Group.
Fuyang Sineva, a leading photoresist enterprise based in China, secured 500 million yuan ($74.2 million) in round-C financing on August 10.
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.
JHETECH, a Shanghai-based automotive LED module provider, announced on July 22 that it has completed an A++ round of financing totaling tens of millions of yuan. The investment was led by Xiaomi.
Hoosun, an intelligent device R&D firm, announced on July 12 that it had completed a round D of financing worth several hundred million yuan.
Insiders of Chinese home appliance company Hisense revealed that its subsidiary Sanden Corporation (US) had recently received orders for two electric compressor projects from Tesla.
Beijing-based consumer electronics company Xiaomi has started to produce smartphones in Vietnam.
OFilm, a manufacturer of camera modules, issued a statement early on Wednesday that its Nanchang subsidiary was removed from the United States Entity List.
BMW Brilliance Plant Lydia, a newly built factory for the company in China, was officially put into operation on Thursday.
Automation solutions provider Hai Robotics has announced that it received over $100 million in a D+ round of financing. The lead investor is Capital Today.
TCL China Star Optoelectronics Technology (TCL CSOT) announced on Wednesday that the first product of India CSOT’s TV Open Cell was completed at 11:00 a.m. on June 3, Beijing time. TCL CSOT India is the first Bonding-Assembly LCD panel module factory in India, as a strategic layout of TCL CSOT into the global market. It […]
Apple has requested Foxconn to start recruitment at its Zhengzhou factory two months in advance, prepare for shipments and avoid the impact of local lockdowns or supply chain challenges.
Leekr Technology, a chassis-by-wire system solutions provider, announced its completion of A and A+ rounds of financing, securing a cumulative amount of nearly 200 million yuan.