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Toyota unveils 2 New bZ series EV models at Auto Shanghai

Green Car Congress

Toyota Motor Corporation unveiled two BEV concept models, the bZ Sport Crossover Concept and bZ FlexSpace Concept, at Auto Shanghai. They will be launched in the Chinese market in 2024 as two models out of the ten BEV models that Toyota plans to release by 2026. It is planned to be produced and sold by FAW Toyota Motor.

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Mazda EZ-6 and Mazda Arata design concept debut at Auto China 2024

EV Specifications

Changan Mazda, a Chinese company receiving investment from Mazda Motor Corporation, unveiled the all-new Mazda EZ-6 BEV and PHEV and the Mazda ARATA - the design concept of a future EV.

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Huawei’s smart car tech offers automakers route to China sales – ET Auto

Baua Electric

It’s taken Huawei just four years to become a force in smart car technology , navigating the devastation of trade sanctions on its smartphones business while simultaneously developing a driver assistance system that is the darling of the Beijing auto show. ” said Evangelos Simoudis, an investor and corporate adviser.

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Hungary expects $3B in unutilized Chinese language auto business funding

Baua Electric

billion) in unutilized Chinese language investments within the automobile sector, additional boosting the central Ecu public as a regional heart within the transition to electrical mobility, International Minister Peter Szijjarto mentioned. Closing age, Chinese language battery maker Eve Energy introduced a $1.2

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TTTech Auto gains US$285M investment from Aptiv and Audi

Green Car Congress

TTTech Auto, a Vienna-based technology leader in automotive safety software, raised US$285 million (€250 million) from Aptiv PLC and Audi in its latest funding round. With this latest funding round and a valuation of more than US$1 billion, TTTech Auto confirms its strong position amid a growing number of auto tech unicorns.

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Chinese EV company Xpeng Motors raises US$400M in Series C; Xiaomi strategic investor

Green Car Congress

China-based Xpeng Motors has closed a US$400-million Series C capital funding from a group of strategic and institutional investors. Xiaomi Corporation, a global leader in the technology and consumer electronics sector, is joining as a strategic investor. — Lei Jun, CEO of Xiaomi Corporation.

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Daimler takes 12% stake in Chinese parter BAIC Motor; first non-Chinese automotive company to acquire an interest in a Chinese OEM

Green Car Congress

Daimler AG is taking a major step forward in its China strategy with the closing of the company’s 12% investment in long-standing partner BAIC Motor, the passenger car unit of Beijing Automotive Group (BAIC Group), one of the top automotive companies in China. As one of China’s largest automakers, BAIC Group sold more than 1.7

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