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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 and Xpeng Motors have achieved significant progress through in-depth collaboration in developing technologies connecting smart phones and smart cars.

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Hyundai Motor Group and Baidu strengthen connected car partnership; Internet of Vehicles

Green Car Congress

Hyundai Motor Group and Baidu signed a memorandum of understanding (MOU) for Internet of Vehicles (IoV), signaling their commitment to strengthening cooperation on next-generation connected car technologies. This plan aims to advance the application of AI in IoV through next-generation technologies and product innovation.

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Hyundai Motor Group and Baidu strengthen connected car partnership; Internet of Vehicles

Green Car Congress

Hyundai Motor Group and Baidu signed a memorandum of understanding (MOU) for Internet of Vehicles (IoV), signaling their commitment to strengthening cooperation on next-generation connected car technologies. This plan aims to advance the application of AI in IoV through next-generation technologies and product innovation.

Connect 150
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Hyundai, Kia join China’s Baidu to develop connected cars – ET Auto

Baua Electric

The South Korean companies will seek to find new business models harnessing artificial intelligence technologies with the Chinese counterpart as well. The South Korean companies will seek to find new business models harnessing artificial intelligence technologies with the Chinese counterpart as well, they added.

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Hyundai Motor partners with regional firms to establish H2 fuel cell commercial vehicle ecosystem in China

Green Car Congress

Hyundai Motor Company is spearheading the development of a hydrogen fuel cell commercial vehicle ecosystem in China with regional partners. Hyundai Motor signed an MOU with Shanghai Electric Power Co., —In Cheol Lee, Executive Vice President and Head of Commercial Vehicle Division at Hyundai Motor.

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Geely launches Methanol Hybrid Emgrand in China market

Green Car Congress

Geely recently launched its Methanol Hybrid Emgrand ( earlier post ) in the Chinese market. The methanol hybrid is based on Geely’s fourth-generation B-segment Modular Architecture (BMA) Emgrand sedan. Geely also offers a non-hybrid methanol-fueled version of the Emgrand. The hybrid houses a 1.8L

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QOTD: Do You Actually Care About Chinese Imports?

The Truth About Cars

But Ford Motor Co. annually, having Oakville Assembly down means Ford had to come up with something and it elected to pull China out of the bullpen — setting the SUV up to become Ford’s very first Chinese import. Most notably, General Motors has been criticized for importing its Buick Envision crossover from China to the U.S.

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