Industrial
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Changan joins hands with Huawei, CATL to launch new EV by end of 2021
The first high-end smart electric vehicle under the so-called CHN framework jointly created by Changan Automobile, Huawei, and CATL will be released at the end of this year, said Wang Jun, President of Changan Automobile, today.
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Huawei achieves mass production of China’s first high-voltage all-in-one electric motors
Huawei said that, as the first of its kind, the system can meet the 2C fast charging experience, and replenish up to 200 kilometers of battery life within 10 minutes
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JAC teams up with NIO Holding for new EV venture
It is worth noting that the joint venture with Jianghuai Automobile is NIO Holding, which is not the same as the well-known NIO Inc.
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Geely affiliate applies for a patent on charging station and control system
It mentions that the application has a simple structure with more stable performance and lower cost.
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Tesla buying more land for expansion in China: media report
Industry insiders believe, it is very likely that this piece of land will be used for the expansion of the Tesla factory, based on the information in the announcement.
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Foxconn partners with GL Ventures to invest in AutoCore.ai
Foxconn announced that it has combined with GL Ventures to complete its investment in AutoCore.ai. This Pre-A round of financing was led by Foxconn and GL Ventures, with participation from a Nanjing company, with nearly 100 million yuan. The company will use the money to accelerate the realization of the safety middleware system platform of AutoCore.OS’ intelligent mobile computing under a variety of chips and EEA architectures, and lead in open source autonomous driving projects on a global scale. AutoCore.ai, as a founding top member of the Autoware Foundation, is…
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NIO’s lidar supplier Innovusion will receive US$60 million in financing
Innovusion, a supplier of NIO’s lidars, will complete a new round of financing of 60 million US dollars, with a valuation of 300 million US dollars, 36Kr reports. Institutions such as Temasek, Bertelsmann Asia Investments AG (BAI) and Joy Capital participated in this round of financing. Regarding the above information, 36kr asked Innovusion for verification but no response has been received. In January of this year, Joyson Electronics just announced a strategic investment in Innovusion. With the automotive industry betting on intelligent development, core sensor components such as lidar are…
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Wuxi Boton Technology leads investment into Tage IDriver
Yu Guizhen, the founder of Tage IDriver , also revealed that they are confident that they will meet the conditions for listing on the Science and Technology Innovation Board within 1-2 years.
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Dangwu completes 80 million yuan A round of financing
Dangwu was established in October 2017. The team built indoor location cloud services around geomagnetic positioning technology.
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Grandhonor completes 300 million RMB Series C financing
Shanghai Gaozhong Information Technology (Grandhonor) has completed a 300 million yuan C round of financing, according to a 36Kr report. The investment was jointly led by state-owned assets companies, including Qingdao Conson Financial Holdings, Qingdao City Construction Investment (Group), and Qingdao Jiaozhou Industrial Fund. Daion Capital acted as the financial advisor. Grandhonor stated that the C round of financing would be used for the upgrading of its core AI technology platform “Grandcore,” the R&D investment in big data platform technology, the product development and market expansion in industry scenarios such…
