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Chinese auto chip maker SemiDrive closes $140 million Series B+ financing

CN EV Post

The post Chinese auto chip maker SemiDrive closes $140 million Series B+ financing appeared first on CnEVPost. For more articles, please visit CnEVPost. SemiDrive currently has four series of products with an annual output of one million chips.

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BREAKING: Chinese securities regulator signs audit regulatory cooperation deal with US regulators

CN EV Post

The China Securities Regulatory Commission (CSRC), the Ministry of Finance and the US Public Company Accounting Oversight Board (PCAOB) signed an audit supervision cooperation agreement on August 26, which will be launched in the near future. For more articles, please visit CnEVPost.

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Visiting Chinese trade official warns EU on greentech probe – ET Auto

Baua Electric

He cited the EU’s investigations into Chinese electric cars, solar panels and wind turbines as examples. He cited the EU’s investigations into Chinese electric cars , solar panels and wind turbines as examples. Earlier this week, Wang was in France where he met French Finance Minister Bruno Le Maire.

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NIO Capital invests in Chinese SiC chip maker

CN EV Post

Image credit: NIO Capital) NIO Capital has invested in a local Chinese silicon carbide (SiC) chip maker as it continues to expand its investments in the new energy vehicle (NEV) industry chain. For more articles, please visit CnEVPost.

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Chinese self-driving startup WeRide plans to start autonomous vehicle testing in Singapore this year

CN EV Post

Image credit: WeRide) Chinese self-driving startup WeRide plans to start testing autonomous vehicles in Singapore this year, as it begins to set its sights on Southeast Asian markets. In September 2022, WeRide established the Singapore branch and signed a memorandum of cooperation with Strides in November, according to the article.

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BMW imported 8,000 vehicles into US with parts from banned Chinese supplier says Senate report – ET Auto

Baua Electric

.” German automaker BMW imported at least 8,000 Mini Cooper vehicles into the United States with electronic components from a banned Chinese supplier, a U.S. That Chinese company was added to the UFLPA Entity List in December, which means its products are presumed to be made with forced labor.

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Zimbabwe lithium miners table refinery plans under govt pressure – ET Auto

Baua Electric

Currently, Chinese lithium miners , who dominate the sector in Zimbabwe, only produce lithium concentrates which they ship to China for further processing. Last November, Zimbabwe’s finance minister Mthuli Ncube said the government had given miners up to March 2024 to submit plans on refining within the country.