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Haima's Zhengzhou subsidiary records hike in registered capital
Zhengzhou Haima New Energy Technology Co., Ltd., “Zhengzhou Haima” a subsidiary indirectly wholly owned by Chinese autom...Read more -
Li Auto releases photos of L9 with flagship-level sound and seat system
On March 16th, China’s auto startup to watch, Li Auto, released a set of exterior photos of its second production model,...Read more -
Leapmotor files for IPO in Hong Kong Stock Exchange
On March 17th, China’s EV startup, Leapmotor, filed for an IPO in Hong Kong Stock Exchange HKEX marking the fourth mainl...Read more -
Mercedes-Benz sets up new R&D center in Shanghai
On March 18th, Mercedes-Benz Group AG, announced that it has set up an R&D center in Shanghai dedicated to mobility ...Read more -
HUAWEI’s auto partner Sokon Group: definitely not a contract manufacturer
On March 16th, the all-wheel-drive flagship trim of HUAWEI and SERES’ AITO M5 model started presale at the ICT giant HUA...Read more -
MIIT to accelerate automotive chips’ standard system facilitation in 2022
China’s Ministry of Industry and Information Technology MIIT) released the key points of automobile standardization in 2...Read more -
Beijing Hyundai secures $942.2 million capital increase from two parent firms
BAIC Investment and Hyundai Motor have entered into an agreement to jointly inject capital of around $942.2 million in t...Read more -
BENTERLER intends to build joint venture in China for car body, chassis-related parts
German automotive parts group BENTELER International AG “BENTELER”) plans to build a joint venture in China with Lucky H...Read more -
Xiaomi’s automaking team expands to over 1,000 members with vision in autonomous driving
By March 22nd, China’s tech giant Xiaomi’s automaking team has expanded to over 1,000 members, the company disclosed on ...Read more -
Beijing Hyundai sets annual sales target of 520,000 vehicles by 2025
On March 23rd, Hyundai Motor Group disclosed its target to sell 520,000 vehicles annually in China by 2025 via its Chine...Read more
