On October 11th Avita Technology President Chen Zhuo revealed the company’s latest financing situation at Avita Technology’s key supplier partner communication meeting: it is currently in the process of C round of financing to raise up to 10 billion yuan, and the post-investment valuation will exceed 30 billion yuan. […]
It is reported that the company is located in Lingang New Area of China (Shanghai) Pilot Free Trade Zone, and its industry is science and technology promotion and application services. Meanwhile, the business scope of Shanghai Gree Automotive Technology Co., Ltd. includes industrial Internet […]
At the time of Tesla’s high-profile release of the Robotaxi driverless cab, Tao Lin, Tesla’s vice president of external affairs, announced new news – Tesla’s Shanghai Superfactory has also ushered in a new milestone. On October 11, Tao Lin said on […]
Recently, Chinese automaker Chery announced the official launch of its automobile assembly operations at a factory in Russia. This initiative marks a significant step in Chery’s global expansion strategy, aimed at meeting local consumer demands while enhancing the company’s international presence. According to Chery’s official statement, the assembly line in Russia will primarily produce […]
on October 10, Akio Toyoda, chairman of Japanese automaker Toyota Motor, said that a pure electric future would lead to job losses for people working in engine-related technical jobs (including suppliers). “Including those who have been working in engine-related jobs for a long time, there are 5.5 million people working in the automotive industry in […]
As Japanese automakers gradually withdraw from the Chinese market, the latest data shows that Japanese companies’ investment in China in 2024 fell by 16% year-on-year. This trend has attracted widespread attention and industry insiders have expressed concerns. In recent years, competition in the Chinese market has become increasingly fierce, especially in the field of […]