Nio Capital-backed digital energy solutions provider NewLink closes $300 million in new financing
Nio Capital, the venture capital business of Nio, first invested in NewLink in 2019 and has participated in a total of three of its financings.
Great Wall Motor sold 2,932 units in Russia in July, up 60% year-over-year
Great Wall Motor's sales in Russia from January to July reached 19,167 units, up 126 percent year-over-year.
Geely discloses patent for autonomous driving controls
"The invention provides a safe and comfortable method of parking for autonomous driving control," the patent abstract states.
Svolt Energy forms new firm in Shanghai
The company's business scope covers automotive parts development, artificial intelligence application software development, and new energy vehicle battery accessory sales.
Shanghai launches pilot project for self-driving buses
The project's route is 8.5 kilometers, includes eight stops, operates for 30 minutes in a single trip, and passengers can make reservations through the WeChat mini program.
China FAW steps up efforts on self-driving technology
FAW is pushing forward the second phase of its Intelligent Network Connection Project to accelerate the development and operation of Hongqi intelligent vehicles.
Toyota said to cut its global car production plan in September by 40%
Toyota originally aimed to build fewer than 900,000 vehicles in September, a figure that has been reduced to 500,000.
China to create more convenience for NEVs in charging and use
Chinese cities are encouraged to create more convenience for new energy vehicles in scenarios including charging, traffic access, and parking, said Gao Feng, a spokesman for the Ministry of Commerce, on Thursday.
Tencent's new patent can identify license plate numbers and establish communication
Tencent has disclosed a patent involving vehicle communication that is expected to facilitate contact between unfamiliar car owners.
CATL's chief manufacturing officer serves as dean of top Chinese university
Shanghai Jiao Tong University's Institute of Future Technologies was officially inaugurated on August 19 with CATL Chief Manufacturing Officer Ni Jun as its dean.