HESAI
Hesai Technology designs a laser radar that facilitates autonomous driving.
HESAI, founded in October, 2014 and headquartered in Shanghai, is a 3D sensor (lidar) manufacturer. Established by Sun Kai, Li Yifan and Xiang Shaoqing, the company has received financings from Bosch Venture Capital, Lightspeed China, ON Semiconductor and so on. Rivals that have direct and indirect competition with HESAI globally include Blackmore, Quanergy, Dahan Zhengyuan, Oubaituo, etc.
eHi Car Services is considering re-listing in the United States
Recently, Shanghai-based car rental company eHi (eHi Car Services Ltd.), nearly five years after delisting from the New York Stock Exchange, is considering returning to the U.S. capital market and will conduct its first public IPO this year, planning to raise 300 million U.S. dollars.
Feb 20, 2024 03:14 PM
European automotive battery manufacturer ACC completes a new round of financing to develop
Recently, European automotive battery manufacturer ACC (Automotive Cells Company) announced the successful completion of a new round of major financing. The financing scale is approximately 4.4 billion euros (approximately 34 billion yuan), which is one of the largest financings in the history of the European automobile industry.
Feb 19, 2024 08:27 PM
Orcauboat Raises CNY 100 Million for Unicorn Bid in Civilian Unmanned Boats
AIGC's breakthrough in large model technology has triggered fundamental changes in the "information-model-action" dynamics, propelling us into a new era dominated by "intelligence." This trend is rapidly manifesting in the physical world through intelligent terminal machines, with industries like smart electric vehicles and vertical take-off and landing aircraft gaining traction.
Jan 19, 2024 02:29 AM
A New Milestone! WeRide Obtained the Singapore M1 and T1 Autonomous Vehicles Licenses
Singapore, 11th Dec 2023 -- WeRide(Chinese: 文远知行), a leading global Level 4 autonomous driving technology company, officially announced that it has successfully obtained the Milestone Testing Regime Level 1 License for Autonomous Vehicles (AV) on Public Roads (referred to as "M1 License") and the T1 Assessment License for AVs on Public Paths (referred to as "T1 License") from the Land Transport Authority (LTA) of Singapore.
Dec 11, 2023 03:26 PM
NIO Releases 2022 ESG Report
Recently, NIO(蔚来) has released its "2022 Environmental, Social, and Governance (ESG) Report", sharing the management and practical outcomes of NIO's sustainable development in aspects such as product, customer service, employee growth, climate change response, establishing a circular ecology, responsible supply chain, and social welfare.
Oct 07, 2023 05:42 PM
37 Interactive Entertainment MSCI ESG Rating Jumps to AA
MSCI highly recognizes 37 Interactive Entertainment's achievements in ESG governance, and believes that the company has established a comprehensive sustainability governance system, and has excelled in human capital development, privacy and data security, responsible governance, responsible business practices, and carbon emissions.
Aug 31, 2023 04:55 PM
GEB Makes Debut with Initial Public Offering on Shanghai Stock Exchange Main Board
EqualOcean has learned that on August 29th, Shandong Golden Empire Precision Machinery Technology Co., Ltd . (hereinafter referred to "GEB" or 金帝股份) conducted its initial public offering of CNY ordinary shares and was listed on the Shanghai Stock Exchange main board under the ticker symbol "603270". Guosen Securities(国信证券)served as the sponsor for this issuance.
Aug 30, 2023 02:28 PM
DIDI Will Sell Smart Car Business to XPENG for USD 744 Million
EqualOcean has been informed that DIDI(Chinese: 滴滴出行) has agreed to sell its smart car development unit to XPENG(Chinese: 小鹏汽车) for HKD 5.84 billion (USD 744 million), exiting a promising business in the electric vehicle market, Bloomberg reported.
Aug 28, 2023 11:48 AM
Lithium Battery Internet Platform Phoenicia Raises CNY Tens of Mn in Pre-A Round Financing
EqualOcean learned that the lithium battery industry leading Internet platform "Phoenicia"(菲尼基) recently successfully obtained nearly CNY tens of million in Pre-A round of financing, the financing of investors including Jiyuan Wanyang New Energy(济源万洋新能源) and individual investor Wu Jie(伍杰).
Aug 15, 2023 09:35 AM
Targeting Robotaxi, Toyota China Establishes Joint Venture with GAC Toyota and Pony.ai
EqualOcean has learned that on August 4, Toyota China, Pony.ai(小马智行), and GAC Toyota(广汽丰田) jointly held a signing ceremony, announcing their decision to establish a joint venture to promote the large-scale production and deployment of autonomous taxis, or Robotaxis.
Aug 04, 2023 06:11 PM
Tesla's Q2 Revenue Up 47% Over USD 24.9 Billion, Gross Profit Margin Falls to 18.2%
EqualOcean was informed that Tesla announced its second-quarter financial results on July 19, with total revenue of USD 24.927 billion, up 47% YOY, better than market expectations; gross margin fell to 18.19%, operating margin fell to 9.62%, and net profit was about USD 2.7 billion, up 20%. Foreign media said that Tesla's revenue and profit in the second quarter were better than analysts' expectations, and the main reasons include the reduction of raw material prices.
Jul 20, 2023 04:57 PM
Chinese Travel App Didi Achieves Revenue of CNY 42.7 Bn in Q1 2023, Up 19% YoY
Since this year, DiDi Global Inc. has accelerated its strategic transformation from fast to stable and from speed to quality. With the disappearance of the demographic dividend, the ceiling of the growth of the ToC business of DiDi gradually appeared, and DiDi actively launched a one-stop Saas online taxi solution in the digital era, showing a steady trend this year.
Jul 18, 2023 06:24 PM