Xpeng Motors led a investment in Zvision Technologies, a Chinese startup that makes lidar sensors for self-driving cars.
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Posted inHeavy Hitters
Chinese automakers rush to fund domestic chip startups to tackle shortage
The investment in Horizon reflects Chinese automakers’ growing anxiety about the ongoing semiconductor shortage.
Posted inUp and Comers
Li Auto announces new SUV L9 with competitive pricing
L9 will be the second production model from Li Auto and the Chinese EV maker appears to be confident that it becoming a hit.
Posted inHeavy Hitters
Chinese EV makers may face a price war in 2022: UBS
There might be greater supply than demand in the Chinese EV market this year, UBS analyst Paul Gong said.