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05.11.2024 | The Rise of Superscrypt and Autonomous Driving: A New Era in Investment and Technology | In the fast-paced world of technology and finance, two sectors are making headlines: cryptocurrency and autonomous driving. Both are evolving rapidly, attracting significant investments and reshaping industries. Superscrypt, a fintech playe... |
01.11.2024 | Recent “autonomous driving” Development | 🤖 All content is created by our AI Author using various sources and our data for extra context. 🧔♂️ A friendly human checks it before it goes live. More news here
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31.10.2024 | The Future of Mobility: Innovations and Challenges in the Automotive Industry | The automotive industry is at a crossroads. Technology is racing ahead, and companies are scrambling to keep pace. Recent events, like the International Suppliers Fair (IZB) in Germany, showcase this rapid evolution. Desay SV, a key player ... |
30.10.2024 | Desay SV Unveils Cutting-Edge Automotive Technologies at IZB 2024 | WEIMAR, Germany, Oct. 30, 2024 /PRNewswire/ -- The International Suppliers Fair (IZB) took place in Wolfsburg, Germany, from October 22nd to 24th, under the theme "Empowering Partnerships." This year, 830 exhibitors from around th... |
28.10.2024 | SAIC's IM Motors kicks off level 2 plus autonomous driving road testing in Europe | BEIJING : IM Motors, a premium electric vehicle brand of Chinese state-owned SAIC, has started level 2 plus autonomous driving road testing in the European market, according to a company statement on Monday.
IM Motors, which works with auto... |
19.10.2024 | The Race for Autonomous Driving: A Tale of Two Giants | The automotive landscape is shifting. Two titans, GAC and Tesla, are at the forefront of this transformation. They are navigating the complex world of autonomous driving. Each has a unique approach, but both aim for the same destination: sa... |
18.10.2024 | Chery продемонстрировала прототип своего летающего автомобиля, который пролетел 80 км | 18 октября компания Chery представила прототип летающего автомобиля под названием «Land and Air Vehicle» на конференции Chery Global Innovation Conference 2024 в провинции Аньхой, Китай. По словам компании, прототип находится на стадии разр... |
17.10.2024 | Chinese automaker GAC partners with Momenta on automated driving software | Aion, the electric vehicle unit of Chinese automaker GAC Group, has partnered with Momenta for the supply of a Level 2+ advanced driver assistance system, a major client win for the autonomous vehicle startup after previous deals with auto ... |
15.10.2024 | China-made Audi A5L powered by Huawei tech glimpsed in leaked pictures | Leaked images of what could be a long wheelbase version of Audi’s A5 Sportback have appeared online ahead of the car’s launch due early next year, showing the SAIC collaboration becoming wider, longer, and lower. The German luxury carmaker ... |
13.10.2024 | SAIC gifts 750 latest cars for CIIE dignitaries | SHANGHAI, Oct. 13, 2024 /PRNewswire/ -- A news report from english.shanghai.gov.cn:
A total of 750 vehicles have been delivered by SAIC Motor Corp Ltd to transport dignitaries attending the upcoming seventh China International Import Expo (... |
13.10.2024 | Chinese carmaker GAC to invest a combined $105m in Pony.ai, Chenzhi | Chinese state-owned carmaker Guangzhou Automobile Group (GAC) is investing a combined $104.8 million in the country’s IPO-bound autonomous driving startup Pony.ai and auto parts manufacturer Chenzhi Technology.
GAC’s board of directors agre... |
04.10.2024 | Navigating the Shifting Landscape of the Automotive Industry | The automotive industry is in a state of flux. As electric vehicles (EVs) surge in popularity, traditional manufacturers and new players alike are grappling with the challenges and opportunities this shift presents. Recent developments high... |
04.10.2024 | SAIC's MG France: will stick to EV prices in 2024, regardless of outcome of EU vote | PARIS : SAIC unit MG Motor France won't change the price tags of its electric vehicles this year regardless of the outcome of a closely-watched European Union vote on possible tariffs on Chinese-made vehicles, the company said.
EU members f... |
04.10.2024 | EU presses ahead with Chinese EV tariffs after divided vote | Autos & TransportationSustainable & EV Supply Chain
Regulatory & Policy
EU presses ahead with Chinese EV tariffs after divided vote
By Philip BlenkinsopOctober 4, 202412:51 PM UTCUpdated ago
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02.10.2024 | Desay SV Honored as Most Popular Employer Among Employees in Forbes China Best Employer Selection 2024 | HUIZHOU, China, Oct. 2, 2024 /PRNewswire/ -- Desay SV (002920.SZ), a leading mobility technology company, has been named the Most Popular Employer Among Employees in the Forbes China 2024 Best Employer Selection, standing out among 500 comp... |
01.10.2024 | Volkswagen may close Chinese joint plant | Volkswagen’s Chinese joint venture with SAIC is considering closing a plant in the eastern city of Nanjing where it has been making VW’s popular Passat and Skoda vehicles, a company representative said, according to a recent report by finan... |
27.09.2024 | Driving the Future: Strategic Partnerships in the EV and Mobility Ecosystem | The electric vehicle (EV) landscape is evolving rapidly. Companies are forging alliances to enhance user experiences and expand their ecosystems. Two recent partnerships highlight this trend: NaaS Technology Inc. with IM Motors and Hyundai ... |
26.09.2024 | NaaS Technology Inc. Announces Strategic Partnership with IM Motors | BEIJING, Sept. 26, 2024 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced a strategic partnership with IM Motors, a... |
25.09.2024 | Navigating the Shifting Landscape of Volkswagen: Challenges and Innovations | The automotive industry is in a state of flux. Volkswagen, a titan in the field, is no exception. Recent developments highlight both the challenges and innovations the company faces. From plant adjustments in China to the integration of AI ... |
22.09.2024 | The 2024 Top 500 Chinese Manufacturing Enterprises List Released in Hefei | The List Included 14 Enterprises Rooted in Anhui
HEFEI, China, Sept. 22, 2024 /PRNewswire/ -- On September 20, 2024, China Enterprise Confederation (CEC) and China Enterprise Directors Association (CEDA) unveiled the 2024 Top 500 Chinese Ma... |
21.09.2024 | SAIC Volkswagen says adjusting plant base "necessary" | Autos & TransportationSAIC Volkswagen says adjusting plant base "necessary"
By ReutersSeptember 21, 20249:17 AM UTCUpdated ago
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20.09.2024 | Top 5 Things to Know About MG Cars | Share
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Since its debut in India, MG Motor (Morris Garages) has become a household name, quickly earning a reputation for its cutting-edge technology, stylish design, and customer-centric approach. The British automoti... |
15.09.2024 | SAIC's Shang Qi Capital holds first close of new RMB tech fund at $84m | Shang Qi Capital, a private equity (PE) firm affiliated with Chinese state-owned automaker SAIC Motor Corp, has held the first close of a new technology innovation fund at 598 million yuan ($84.3 million) to invest in AI-powered auto indust... |
14.09.2024 | Sunwoda: The Quiet Titan of Energy Storage and EV Batteries | In the world of energy storage and electric vehicle (EV) batteries, Sunwoda is a name that’s gaining traction. This Chinese company, founded in 1997, has quietly carved out a significant niche in a competitive landscape dominated by giants ... |
13.09.2024 | Chinese EV giant BYD ramps up hiring as Beijing prioritises employment | World at WorkSustainable & EV Supply Chain
Financial Results
Workforce
Chinese EV giant BYD ramps up hiring as Beijing prioritises employment
By ReutersSeptember 13, 202410:30 AM UTCUpdated ago
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12.09.2024 | Unpacking Sunwoda’s rise as an EV battery player | With monthly sales exceeding 50,000 units, Li Auto has firmly secured its position as the leader among China’s new energy vehicle startups. This rapid growth has also spotlighted its supply chain partners, with one low-profile battery suppl... |
12.09.2024 | China’s Chery reportedly mulls second European factory in the UK | Chinese automaker Chery Auto is considering the likelihood of making vehicles in the UK, which could become the company’s second major production hub in Europe next to its Spanish joint plant, the BBC reported earlier this week. The company... |
11.09.2024 | Intend to move away from conventional vehicles, focus on NEVs: JSW MG Motor Director Parth Jindal | Parth Jindal
JSW MG Motor India intends to move away from conventional internal combustion engine vehicles as it focuses on new energy vehicles for the future, company Director Parth Jindal said on September 11.
The company, which on Wednes... |
06.09.2024 | BYD considering bigger South African investment | Talks are progressing between BYD and South Africa over a possible investment by the Chinese electric vehicle manufacturer, a top government official said, although no specific timeframe for the next steps has been agreed.
BYD has expressed... |
04.09.2024 | Former VP of SAIC, a VW partner, arrested for taking bribes | A former vice president of China’s biggest car manufacturer, Chen Demei, has been arrested for suspected bribery and illicit gains for family and friends, according to a post published by China’s Supreme People’s Procuratorate. Chen, who se... |
04.09.2024 | Geely launches sweeping R&D overhaul as competition heats up | In the second quarter of this year, Geely’s senior leadership took on a pivotal challenge: R&D integration. Geely, known for its adaptability, regularly implements systemic adjustments. Yet, this time, the scale and impact of the integr... |
29.08.2024 | The Shifting Landscape of Electric Vehicles: Desay SV and Tesla's Diverging Paths | The electric vehicle (EV) market is a battleground. Companies are vying for dominance, and strategies are shifting like sand. Two players stand out: Desay SV and Tesla. Each has a unique approach to the challenges and opportunities in this ... |
29.08.2024 | The Electric Frontier: Navigating the Dual Paths of Desay SV and Polestar | In the rapidly evolving landscape of mobility technology, two companies stand at opposite ends of the spectrum: Desay SV and Polestar. One is surging forward, fueled by innovation and strategic foresight. The other grapples with setbacks, s... |
29.08.2024 | Unlimited Intelligence|Decoding Desay SV Internationalization Strategy | HUIZHOU, China, Aug. 29, 2024 /PRNewswire/ -- Desay SV (002920.SZ), one of the leading mobility technology companies, hosted the 4th Technology Festival coupled with the first Media Day under the theme "Unlimited Intelligence". Th... |
22.08.2024 | Agibot unveils five humanoid robots, commercialization on the horizon | On August 18, Agibot officially unveiled its latest lineup of humanoid robots, marking a significant milestone for the company. After a year of anticipation, five new models were introduced: Expedition A2, Expedition A2-W, Expedition A2-Max... |
21.08.2024 | Turkey's Electric Future: A Magnet for Chinese Investment | Turkey is on the brink of an electric revolution. The country is courting Chinese electric vehicle (EV) manufacturers, and the stakes are high. With BYD's recent commitment of $1 billion to build a factory for EVs and plug-in hybrids, the T... |
21.08.2024 | China Condemns EU's Tariffs on Electric Vehicle Imports, Accuses Bloc of Unfair Competition | By Joseph Henry
Published Aug 21, 2024 8:55AM EDT
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China has strongly criticized the European Union's decision to impose tariffs on elect... |
21.08.2024 | China's Commerce Ministry, Chamber of Commerce Oppose EU's Unfair Tariffs on Chinese EVs | (Yicai) Aug. 21 -- China's Ministry of Commerce and the China Chamber of Commerce to the European Union have condemned the EU's additional tariffs on electric vehicles imported from China.
China opposes the European Commission's plan to imp... |
20.08.2024 | Turkey expects more investments from Chinese EV makers | Turkey expects that more Chinese electric vehicle makers will invest in the country, following BYD’s decision to put USD 1 billion into a factory for EVs and plug-in hybrids, the head of the presidential investment office, Burak Daglioglu, ... |
17.08.2024 | The Race for Energy Supremacy: U.S. Ventures into Nuclear Battery Technology | In the world of energy, the race is on. The United States is stepping up its game with a bold collaboration between Kronos Advanced Technologies and Yasheng Group. Their mission? To develop a Nickel-63 nuclear battery that could redefine po... |
16.08.2024 | Lidar maker Robosense posts reduced loss, expects to break even by 2026 | Chinese automotive lidar startup Robosense said on Thursday its net loss narrowed by 65.2% to RMB 268 million ($37.3 million) for the first half of this year, while revenue more than doubled year-on-year to RMB 727 million thanks to surging... |
14.08.2024 | General Motors reduces workforce in China, mulls restructuring with partner | General Motors’s China operation is reducing its workforce, including staff working on research and development, as part of a broader initiative to reduce costs that could include production capacity cuts and business reorganizations, peopl... |
13.08.2024 | Kerala's Electric Dream: Aiming for EV Supremacy | Kerala is on the brink of a transformation. The state is setting its sights on becoming a manufacturing hub for electric vehicles (EVs). It’s a bold vision, one that could reshape the automotive landscape in India. With a push from the gove... |
09.08.2024 | Mahindra seeks govt nod for $3 bn JV with China's Shaanxi | Anand Mahindra, chairman, Mahindra Group
Indian automaker Mahindra & Mahindra and China's Shaanxi Automobile Group have agreed to set up a $3 billion joint venture to build a car manufacturing plant in India and are awaiting New Delhi's... |
06.08.2024 | BYD, Chery, and CATL made it onto the 2024 Fortune 500 list | Chinese automotive companies had a strong presence on the Fortune magazine’s annual list of 500 top global businesses, with ten of them listed despite the country’s overall economy having been dragged down by slowing consumer demand. Electr... |
02.08.2024 | Audi's Bold Move: A New Era for EVs in China | Audi is steering into uncharted waters. The luxury automaker, a subsidiary of Volkswagen, is set to launch a new series of electric vehicles (EVs) tailored specifically for the Chinese market. But there’s a twist: these vehicles will not fe... |
02.08.2024 | Commentary: China is still the world’s biggest emitter, but also an emerging force in climate diplomacy | BRISBANE: Seven years seems a lifetime in politics. In 2017, then president Donald Trump announced the United States would withdraw from the Paris Agreement. It prompted Canada, China and the European Union to convene an urgent meeting to r... |
02.08.2024 | Exclusive: Audi's new China EV series won't have signature four-ring logo | Autos & TransportationADAS, AV & Safety
EV Battery
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Exclusive: Audi's new China EV series won't have signature four-ring logo
By ReutersAugust 2, 20246:16 AM UTCUpdated ago
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19.07.2024 | China Automotive Systems Announces Special Cash Dividend | - Celebrating 20th Anniversary of NASDAQ Listing -
WUHAN, China, July 19, 2024 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supp... |
18.07.2024 | Volkswagen’s China JV launches first electric coupe SUV | Volkswagen on Wednesday launched its first coupe-styled sports utility vehicle, the ID.UNYX, boasting high-tech features such as more diversified choices for infotainment content and a “worry-free” autonomous parking function at a price ran... |
16.07.2024 | General Motors’ China joint venture launches Tesla-style autopilot tech ahead of rivals | General Motors’ joint venture with China’s SAIC on Tuesday introduced an Autopilot-style advanced driver assistance system (ADAS), which the company said would enable its Century model, a luxury multi-purpose vehicle, to handle highways. Th... |
11.07.2024 | Chinese Auto Giant SAIC Reshuffles Top Team as Chairman Retires | (Yicai) July 11 -- SAIC Motor, China’s biggest carmaker announced a leadership reshuffle yesterday, with 63-year-old Chairman Chen Hong stepping down having reached retirement age.
Chen will be succeeded by Wang Xiaoqiu, who is 60 and has b... |
10.07.2024 | China's BYD to Build USD1 Billion Plant, R&D Center in Türkiye | (Yicai) July 10 -- Chinese new energy vehicle giant BYD will reportedly invest USD1 billion to build a factory and a research and development center in Türkiye to deal with high local tariffs and the European Union’s anti-subsidy duties.
Th... |
09.07.2024 | China's Local Government Embraces Tesla, Microsoft Mandates iPhone Switch in China | In a surprising turn of events, China's eastern Jiangsu province has announced plans to purchase an undisclosed number of Tesla Model Y electric vehicles in the upcoming budget year. This decision marks a significant shift in the government... |
05.07.2024 | EU Imposes Higher Tariffs on Chinese EVs, Increasing up to 38% | By Jace Dela Cruz
Published Jul 5, 2024 6:10AM EDT
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The European Union (EU) has imposed additional provisional duties on Chinese electric... |
05.07.2024 | BYD produces its eight millionth EV, with the last million having taken just three months | BYD said on Thursday it has produced its eight millionth electric vehicles, just three months after producing its seven millionth unit globally at its Jinan factory in eastern China in March and three years after reaching its first milliont... |
04.07.2024 | China-built EVs hit with duties in biggest EU trade case yet | Autos & TransportationSustainable & EV Supply ChainChevron
Regulatory & PolicyChevron
China-built EVs hit with duties in biggest EU trade case yet
By Philip Blenkinsop and Charlotte Van CampenhoutJuly 4, 202412:28 PM UTCUpdated ... |
04.07.2024 | China’s local government considers purchasing Tesla cars for the first time: report | China’s eastern Jiangsu province is looking to buy an undisclosed number of Tesla Model Y electric vehicles in the 2024-2025 budget year, marking the first time in years the US giant’s cars have been widely barred from government-affiliated... |
03.07.2024 | BYD's Second-Quarter EV Sales Soar, Poised to Overtake Tesla This Year | By Quincy Jon
Published Jul 3, 2024 11:54AM EDT
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A Counterpoint Research analysis issued Tuesday predicts that BYD will beat Tesla in bat... |
02.07.2024 | Electric two-wheelers to dominate Indian market with 50-60% by 2030
Vedanta Aluminium wins accolades for environment and energy excellence
IREDA loan surges to Rs 91.36 billion in April-June
India, Au... | ECONOMY & POLICY Electric two-wheelers to dominate Indian market with 50-60% by 2030
02 Jul 2024 3 Min Read CW Team
India's electric vehicle (EV) market saw a notable surge in 2023, with sales rising to 123,362 units from 83,353 units i... |
24.06.2024 | What happens next in the EU investigation into Chinese EVs? | BRUSSELS: China and the European Commission have agreed to start talks on the planned imposition of tariffs on Chinese-made electric vehicles (EVs) being imported into the European Union, opening the door to potential de-escalation.
The Eur... |
24.06.2024 | China’s Commerce Ministry responds to EV spying allegations against EU | China’s Ministry of Commerce has received complaints from some domestic automakers unhappy that the European Commission requested sensitive business information concerning their sourcing of raw materials for batteries and manufacturing comp... |
23.06.2024 | EU and China set for talks on planned electric vehicle tariffs | SHANGHAI: China and the European Union have agreed to start talks on the planned imposition of tariffs on Chinese-made electric vehicles (EVs) being imported into the European market, senior officials of both sides said on Saturday (Jun 22)... |
18.06.2024 | JSW, SAIC plan to take MG Motor public in 3 years | JSW and SAIC eye public listing of MG Motors in three Years
JSW MG Motor India, the joint venture (JV) between India's JSW Group and Shanghai-based SAIC Motor, plans a public listing in three years, sources aware of the discussions between ... |
17.06.2024 | Testing on public roads a leap forward for L3 autonomous vehicles in China | A BYD Ocean-M electric car is displayed at the 2024 Auto China in Beijing on April 25, 2024. [Photo/VCG]
China has taken another significant step toward the commercialization of autonomous driving, with the recent authorization granted to t... |
13.06.2024 | EU Threat of Tariff Hikes on Chinese EVs Draws Fire From Various Quarters | (Yicai) June 13 -- The European Union's decision to slap sharply higher tariffs on electric vehicles imported from China has been denounced by organizations and businesses, including European carmakers and Germany’s auto industry body, with... |
13.06.2024 | EU’s move to hit Chinese EV makers with higher tariffs will not affect pricing much: Experts | Listen to this article
EU’s move to hit Chinese EV makers with higher tariffs will not affect pricing much: Experts
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The European Union (EU)’s decision to impo... |
05.06.2024 | China pushes to legalize self-driving cars with assistance from BYD, NIO, and more | Nine major Chinese automakers, including BYD, SAIC, and NIO, have been allowed to proceed with a pilot program to test their production vehicles with medium-to-high levels of automation on public roads, according to a document jointly publi... |
30.05.2024 | SAIC premium EVs will use NIO charging tech in partnership between rival makers | NIO’s power infrastructure network has continued to secure partnerships, as the company said on Thursday that it now offers owners of IM Motors vehicles access to more than 22,500 proprietary fast chargers across China. They can find the ne... |
29.05.2024 | Shanghai's AI boom: Powering innovation across industries
Shanghai leads STAR Market listings nationwide
SAIC Motor shifts into high gear as it envisions a green, smart future
From humble beginnings t... | Editor's note:
China is cultivating the development of new quality productive forces, referring to growth of higher quality driven by breakthrough innovations and comprehensive sustainability. Let's check out how businesses in Shanghai, whi... |
22.05.2024 | Audi strengthens partnership with China’s SAIC on EV platform | Volkswagen’s premium brand Audi said on Monday it would strengthen its partnership with China’s SAIC to develop a new electric vehicle platform, a move that would enable the German automaker to reduce time-to-market by over 30% in the Chine... |
20.05.2024 | Китайские автомобили разъезжаются по миру | - |
13.05.2024 | Chinese government filings reveal details of BYD’s latest compact hatchback | BYD is continuing to expand its Ocean family of electric vehicles, seeking government approval to bring out a smaller version of its Seal sports sedan, according to information revealed by the country’s Ministry of Industry and Information ... |
10.05.2024 | China's exports and imports return to growth, signalling demand recovery | - |
09.05.2024 | GM Moves Global VP to China Arm to Hasten Electrification Push | (Yicai) May 9 -- General Motors has named its vice president of global commercial operations as the new executive VP and president of GM China in a bid to speed up the electrification of the US auto giant's models in the country.
Effective ... |
17.04.2024 | MG Motor India looks to expand network in tier III, IV to drive next phase of growth | MG Motor India looks to expand network in tier III, IV to drive next phase of growth
MG Motor India is driving towards tier III and IV cities of the country with plans to establish 100 new touchpoints by the end of the ongoing fiscal year a... |
02.04.2024 | NaaS Technology Partners with CNNE, Connecting 20 Charging Stations and Over 1,000 Chargers | BEIJING, April 2, 2024 /PRNewswire/ -- Recently, NaaS Technology (NASDAQ: NAAS), the first U.S. listed EV charging service company in China, announced its partnership with Beijing Car Network New Energy Co., Ltd. (hereinafter referred to as... |
01.04.2024 | China's factory activity expands at fastest pace in 13 months in March | China's manufacturing activity expanded at the fastest pace in 13 months in March, with business confidence hitting an 11-month high, driven by growing new orders from customers at home and abroad, a private survey showed on Monday.
The Cai... |
22.03.2024 | BYD's Global EV Expansion Accelerates with New Car Carriers | Chinese EV giant BYD is ramping up its export capacity with a fleet of eight car carriers, signaling a new era of dominance in the global electric vehicle market. Founder Wang Chuanfu's ambitious plans to deploy seven additional carriers wi... |
21.03.2024 | Stricter norms: Govt tightens noose around scrapping facility regulations | The Ministry of Road Transport and Highways (MoRTH) is set to ban retroactively granting “consent to operate” for vehicle-scrapping facilities (VSFs).
With the proposed amendment to the Central Motor Vehicles (Registration and Functions of ... |
21.03.2024 | BYD to deploy fleet of eight car carriers to underpin global EV expansion | Chinese electric vehicle leader BYD plans to increase its fleet of car carriers to eight within in two years to boost its export capacity, as the country’s dominance in new energy vehicles looks likely to extend to the seas.
“BYD is going t... |
20.03.2024 | Китайские автомобили. Как будет работать параллельный импорт после 1 апреля 2024 года? | Ситуация на российском авторынке до 1 апреля 2024
До сих пор автосалоны и частные продавцы могли в обход официальных дилеров ввозить зарубежные авто в Россию через страны ЕАЭС. Благодаря схеме покупки машин через физических лиц удавалось ра... |
20.03.2024 | JSW MG Motor India plans to sell a million electric vehicles by 2030 | Sajjan Jindal, chairman of JSW Group and Parth Jindal, director of JSW Group, have launched JSW MG Motor India, with plans to sell 1 million electric vehicles (EVs) by 2030. The joint venture (JV) with SAIC Motor Corporation of China intend... |
11.10.2023 | Deals in brief: Aliavia Ventures closes first fund, Quest Ventures backs Vulcan Augmetics, InsuranceDekho raises Series B funds, five China deals, and more | Aliavia Ventures closes AUD 13.5 million fund to support female-led technology startups
The female founders-focused venture capital firm has announced the close of its first fund, raising AUD 13.5 million (USD 8.7 million).
The fund has bee... |
05.10.2023 | SAIC Motor and Qingtao Energy Development unveil first-generation solid-state battery with high maximum range | In August, Chinese state-owned automotive manufacturer SAIC Motor announced its plan to embark on a joint venture with solid-state battery startup Qingtao Energy Development. Through the joint venture, both entities will collaboratively dev... |
17.08.2022 | SAIC Motor’s ride hailing unit raises 1 billion yuan in Series B funding | A ride hailing unit of China’s state-owned SAIC Motor has raised more than 1 billion yuan ($147.37 million) in a second round of fundraising from its autonomous technology partner Momenta and several other institutions, according to a Momen... |
16.08.2022 | SAIC Mobility Robotaxi valued at $1B after $148M Series B | SAIC Mobility Robotaxi, an arm of state-owned Chinese automaker SAIC that aims to launch a commercial robotaxi service, raised $148 million (RMB 1 billion). The funds will be used to scale its robotaxi service in China, which it will operat... |
14.01.2022 | China’s robotaxis charged ahead in 2021 | Autonomous driving startups in China are in an arms race to put passengers in their machine-driven vehicles. Every few weeks, news arrives that another major player has got the greenlight to launch a new pilot program or a small-scale servi... |
29.09.2021 | SAIC Motor : Expo Dubai concept car "Kun" unveiled | Today, SAIC Motor autonomous new energy concept car "Kun" - Star Exhibits of China Pavilion at 2020 Expo Dubai, was virtually unveiled at the Shanghai World Expo Museum.
Dubai Expo will officially open on October 1st; SAIC Motor l... |
10.09.2021 | SAIC Motor Corporation Limited announces an Equity Buyback for CNY 3,000 million worth of its shares. | SAIC Motor Corporation Limited (SHSE:600104) announces a share repurchase program. Under the program, the company will repurchase up to CNY 3,000 million worth of its shares. The shares will be repurchased at a price not more than CNY 28.91... |
15.06.2021 | SAIC Motor : New mission, logo shows SAIC Motor's transition to user-orientated high-tech firm | China's largest carmaker, SAIC Motor, published its new vision, mission, values, and logo on June 15, indicating its transition to a user-oriented high-tech company.
Its new stated value is to be user-oriented,more attention on open partner... |
25.03.2021 | SAIC MOTOR CORPORATION LIMITED
SAIC Motor : takes fast track to develop as high-tech Company | SAIC Motor, the largest automobile manufacturer in china, is fast getting into gear to develop as a high-technology company, after having generated 742.13 billion yuan ($113.41 billion) in operating revenue last year, according to its annua... |
24.03.2021 | London-based location tech what3words lands (close to) £12 million from Ingka Investments | IKEA owner and operator Ingka Group has invested close to £12 million in location technology firm what3words via Ingka Investments.
Ingka Investments representatives declined to comment on the exact figure.
The investment is slated to help ... |
22.03.2021 | Autonomous driving technology company Momenta secures US $ 500 million | Chinese autonomous driving technology developer Momenta, announced on 19th March 2021 that it has raised US $ 500 million in its Series C round. The round that witnessed participation from scores of investors was led by Toyota, SAIC Motor a... |
08.01.2021 | SAIC MOTOR CORPORATION LIMITED
SAIC Motor : leads China in car sales | SAIC Motor, the largest carmaker in China, sold 5.6 million vehicles in 2020, ranking first in China for the past 15 years.
In the face of market adjustments and industrial transformation, SAIC Motor proposed focusing on electrification, in... |
08.01.2021 | SAIC Motor : leads China in car sales | SAIC Motor, the largest carmaker in China, sold 5.6 million vehicles in 2020, ranking first in China for the past 15 years.
In the face of market adjustments and industrial transformation, SAIC Motor proposed focusing on electrification, in... |
24.12.2020 | SAIC Motor : Mobility capable of offering one-stop ride-hailing servi | SAIC Mobility, the mobility service brand of China's largest carmaker SAIC Motor, recently announced that it is now capable of offering one-stop ride-hailing services after two years of operation.
SAIC Mobility offers online car reservation... |
24.12.2020 | SAIC MOTOR CORPORATION LIMITED
SAIC Motor : Mobility capable of offering one-stop ride-hailing servi | SAIC Mobility, the mobility service brand of China's largest carmaker SAIC Motor, recently announced that it is now capable of offering one-stop ride-hailing services after two years of operation.
SAIC Mobility offers online car reservation... |
21.12.2020 | Xiangdao Chuxing secures USD 46 million in Series A from Alibaba and CATL | Ride-hailing platform Xiangdao Chuxing has scored RMB 300 million (USD 46 million) from strategic investors Alibaba (NYSE: BABA) and electric battery maker CATL in its Series A round, the company announced on its website.
Wu Bing, CEO of Xi... |
26.11.2020 | Alibaba vies for a piece of China’s booming EV market | There’s no lack of news these days on China’s tech giants teaming up with traditional carmakers. Companies from Alibaba to Huawei are striving to become relevant in the trillion-dollar auto industry, which itself is seeking an electric tran... |