Senmiao Technology Signs Strategic Cooperation Agreement With Large Auto Dealer Group To Increase Access To Electric Vehicles
Senmiao Technology Limited (“Senmiao”), a provider of automobile transaction and related services targeting the online ride-hailing industry in China, today announced that it has signed a strategic cooperation agreement with Sichuan Hongyu Enterprise Management Co., Ltd. (“Hongyu Auto”) to facilitate…
China’s Electric SUV Maker Li Auto Raises $1.1 Billion In US IPO
Trade tensions between China and the U.S. have not stopped Chinese companies from eyeing to list on American stock exchanges. Li Auto, a five-year-old Chinese electric vehicle startup, raised $1.1 billion through its debut on Nasdaq. The Beijing-based company is…
All-New Buick Velite 7 EV And Velite 6 PHEV Launch In China
General Motors has just renewed its commitment to Buick‘s range of green vehicles, simultaneously launching two new Velite models – the exclusive sub-brand family of electrified models for China. A few weeks after revealing the first details, the company officially…
Alibaba-Backed EV Maker Xpeng Raises $500 Million
Chinese electric vehicle (EV) manufacturer Xpeng Motors, backed by Alibaba Group Holding Ltd, announced it has raised around $500 million in its latest funding round. As enthusiasm builds for more climate-friendly vehicles, shares of EV makers, including Tesla Inc and…
Human Horizons And Microsoft Partner To Create Onboard AI Assistant For HiPhi
At the World Artificial Intelligence Conference 2020 (WAIC 2020) held online this year, Human Horizons announces its strategic partnership with Microsoft to jointly develop an on-board AI assistant, the HiPhiGo, for HiPhi vehicles. Human Horizons is an innovative mobility company…
Musk Says Tesla Is ‘Very Close’ To Full Autonomous Driving
Tesla is “very close” to achieving level five autonomous driving, a 100 percent driverless technology, the company’s co-founder Elon Musk said in remarks made via a video message at the opening of Shanghai’s annual World Artificial Intelligence Conference. “I’m extremely…
Honda And CATL Forge Battery Cooperation
Honda has taken a one-percent in CATL as the companies seek a stable supply of battery cells and also closer cooperation in the areas of development and research as well as recycling and second-life approaches. The move comes at a…
Ballard Announces $7.7M MEA Order From Synergy Joint Venture In China
Ballard Power Systems today announced that it has received a purchase order for $7.7 million of membrane electrode assemblies (MEAs) for use in manufacturing FCvelocity®-9SSL fuel cell stacks from Guangdong Synergy Ballard Hydrogen Power Co., Ltd. (Synergy-Ballard JVCo), a joint…
Xpeng Starts Delivery Of Its Intelligent EV Sports Sedan P7
Xpeng Motors, a leading Chinese electric vehicle and technology company, has announced that it has begun nation-wide delivery of its new P7 super-long range, high-performance, smart EV sports sedan to customers. This follows the receiving of the official production license…
CBAK Energy Planned Investment In Lithium Battery Project In Jiangsu Province, China
CBAK Energy Technology, Inc., a world’s leading lithium-ion battery manufacturer and electric energy solution provider, announced that its wholly owned subsidiary, China BAK Asia Holdings Limited entered into a framework investment agreement with Jiangsu Gaochun Economic Development Zone Development Group…
