DeepRoute.ai gets $100 million charge from auto investor
The company is one of the few from an increasingly crowded autonomous driving sector to raise new private funding in the last two years, as many of its peers make…
RoboSense steers tricky course in self-drive tech market
Can a Hong Kong listing help the maker of LiDAR automotive sensors break out of a cycle of rising sales but mounting losses? Key Takeaways: The sensor technology firm’s losses have…
FAST NEWS: Great Wall Motor’s profit plunges on subsidy decline, product mix adjustment
The latest: Great Wall Motor Co. Ltd. (2333.HK; 601633.SH) reported last Friday its revenue dropped 13.6% year-on-year in the first quarter to 29.04 billion yuan ($4.22 billion), while its net…
Svolt Charges Up Global EV Battery Race with $943 Million in New Funding
Latest round brings 3-year-old battery maker’s fundraising this year to $3.1 billion, all from Chinese sources Key points: Svolt Energy has just announced a new 6 billion yuan funding, bringing…
