South Korean Joint Staff Headquarters: North Korea launches two ballistic missiles from Pyongyang's Shun'an Airport

Automotive OTA Applications in the Chinese Market

This article introduces the market dynamics and trends of automotive OTA's applications in the Chinese market. Specifically, the article presents the driving forces, market restraints, new opportunities, multiple players in the competitive landscape and future trends. Also, it aims to bring you unique insights from executives and industry experts in industry-leading and fast-growing companies.

Battery Operation Solution Provider Chengmandian Nets CNY 100 Mn in Series A Funding

Recently, lithium battery overall operation service provider Chengmandian closed A round of financing worth CNY 100 million from the government fund. The money will be used for product R&D and market expansion.

Huazhu Group Q3 2022 Earnings: Turnover up 24.4% YOY

Jin Hui, CEO of H World commented: “Although we have been seeing COVID prevention measures gradually easing across China since early November, we remain cautious on the business recovery path in the near-term as there are still some of newly confirmed recent cases in many cities and provinces in China. Therefore, our near-term focus will remain on cost control and prudent capex spending to ensure the Company’s operational and cash flow safety.”

15 Chinese Companies to Watch in November 2022 - Mobility

We at EqualOcean tracked the major funding rounds or industry events that took place in China’s automotive market in November 2022. And the following is a list of deals that we have selected for you, based on a number of criteria, including the funding amount, the financial backers, and the segments in which the companies operate.

Hydrogen Fuel Cell Provider FTXT Nets CNY 500 Mn in Series B Financing

Recently, hydrogen fuel cell producer FTXT completed B round financing worth CNY 555 million, which will be used for product R&D, technology iteration, talent development, capacity building and market expansion.