JAC

Roundup: Chinese New Energy Products Shined at CES 2023

As Chinese new energy products have become the highlight of CES 2023, we at EqualOcean tracked and summarized new energy products focusing on energy storage solutions and electric bicycles from China, which are absolutely worth noticing.

Autonomous Driving Company RHINO Tech Bags Hundreds of Mns of CNY in Angel+ Round

RHINO Tech, an innovative autonomous driving computing platform company, announced the completion of its angel+ round of financing worth hundreds of millions of CNY. This round of funding will be used for product development, mass production and market expansion to continue to make efforts to empower high-level intelligent driving.

Mindflow Completes CNY 50 Mn Pre-B Series Financing

Recently, Mindflow announced that it has completed the Pre-B round of financing of CNY 50 million (USD 7 million) in July 2022. The funds raised will be mainly used for product development, self-driving data labeling market expansion, etc.

BAIC Enters Into Strategic Partnership with Bosch

Recently, BAIC reached a strategic partnership with Bosch China, with the two companies committing to strengthening cooperation in the areas of smart cockpits, smart driving, and automotive connectivity.

Volkswagen to Invest EUR 15 Bn in China Over the Next 4 Years

With the plans of localizing 15 NEV models by 2025, Volkswagen has begun to accelerate its deployment in the world's largest new energy vehicle market.