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Top News In Tech Park Development Today - Breaking & Trending Today

China SAIC-backed IM Motors raises $1.1 bln for smart car development, expansion

Published: March 1, 2024

IM Motors, a premium electric vehicle brand of state-owned Chinese automaker SAIC on Friday said it has raised more than 8 billion yuan to work on new smart car models and technologies. ...

Source: marketscreener.com

EV wars: US start-up Fisker hopes to crack Chinese market with Ocean SUV, a potential rival to Tesla's Model Y

Published: October 13, 2023

Firm plans to open Shanghai showroom as early as December, as it joins foreign and domestic carmakers vying to take on Tesla in world’s largest electric car market.

Source: scmp.com

China's SemiDrive raises $139m in Series B+ to speed up auto chip adoption

Published: November 29, 2022

SemiDrive plans to use the proceeds to focus on R&D efforts.

Source: dealstreetasia.com