Moguchelian

China New Energy Commercial Vehicles Market - Growth, Electrification Trend And Forecasts

As the market for new energy vehicles continues to surge in most major economies, the competition has become fierce in the field of new energy passenger cars. However,a specific type of vehicle, commercial vehicles, including buses and trucks, is still a blue ocean market, with plenty of opportunities. The commercial vehicle industry is still in its early stage in pursuing electrification, and there is a lot of room to explore different technological routes.

LiangDao and Deutsche Telekom Enter Into a Strategic Partnership

Recently, LiangDao, a global technology-leading lidar system supplier, announced a strategic cooperation with Deutsche Telekom on smart city data management to promote the digital development of cities.

CATL, BAIC Sign Deal to Jointly Develop Battery Products

On March 13, CATL signed a strategic partnership agreement with BAIC Group. As part of the agreement, CATL will have a significant role in the development and production of BAIC vehicles, and will supply them with high-quality batteries and related services.

Hesai Group to Report Fourth Quarter and Full Year 2022 Financial Results

Hesai Group, the global LiDAR technology leader, today announced its unaudited financial results for the three months and full year ended December 31, 2022. And Hesai has achieved record-high revenue in 2022, surpassing 8 publicly listed peers combined.

Xintai Intelligent Raises USD 120 Million from Tencent

Tianjing-based vehicle onboard equipment and intelligent connected vehicle service provider Xintai Intelligent has announced Friday the closure of the company’s Series A round of funding led by Tencent.