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Qasim Khan

Qasim Khan

Education, Auto

Pony.ai Officially Announces USD 267 Million Series C Round
Pony.ai Officially Announces USD 267 Million Series C Round
With a total investment of more than USD 1 billion the Chinese autonomous driving (AD) technology startup's valuation has crossed USD 5 billion.
Nov 6, 2020 04:53 pm
With a total investment of more than USD 1 billion the Chinese autonomous driving (AD) technology startup's valuation has crossed USD 5 billion.
Online Education and GSX Techedu's Market Play
Online Education and GSX Techedu's Market Play
Almost seven years ago in 2013, with increased easy access to smartphones, live-streaming classes and educational Apps the era of online access +education truly took off in China.
Nov 6, 2020 12:30 pm
Almost seven years ago in 2013, with increased easy access to smartphones, live-streaming classes and educational Apps the era of online access +education truly took off in China.

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VIPThink Closes USD 180 Million Series C Round
VIPThink Closes USD 180 Million Series C Round
The news was announced by the children's online mathematics firm at a strategy conference held in Beijing on November 5, 2020.
Nov 5, 2020 05:40 pm
BYD Joins Fellow Chinese Car Firms with Surging Sales
BYD Joins Fellow Chinese Car Firms with Surging Sales
We recently reported increasing sales for local carmakers such as NIO, Xpeng, Li Auto, etc. for October. Warren Buffet-trusted BYD is the latest Chinese automaker to release positive data for the month. 
Nov 5, 2020 04:25 pm
ADAS Solutions Provider MINIEYE Nabs CNY 270 Million
ADAS Solutions Provider MINIEYE Nabs CNY 270 Million
According to the firm, the capital raised from this round will mainly be used to ensure large-scale delivery.
Oct 29, 2020 02:20 pm
Great Wall Motors 3Q 2020 Revenue up by 23.6% YoY
Great Wall Motors 3Q 2020 Revenue up by 23.6% YoY
China's largest sport utility vehicle and pick-up truck producer saw both its revenue and net profit increase in the third quarter of 2020.
Oct 27, 2020 09:45 am
Online Education Firm 17Zuoye Plans IPO before 2021
Online Education Firm 17Zuoye Plans IPO before 2021
As offline education centers closed down and students were forced to switch to online learning, the COVID-19 pandemic has been a blessing in disguise for many online education companies.
Oct 26, 2020 12:20 pm
Yuanfudao Officially Completes USD 2.2 Billion Financing Round
Yuanfudao Officially Completes USD 2.2 Billion Financing Round
This is an addition of USD 1 billion to a round raised by the firm in August this year.
Oct 21, 2020 02:26 pm
Haier Backs PATEO to Accelerate Mobile Phone and Vehicle Construction 
Haier Backs PATEO to Accelerate Mobile Phone and Vehicle Construction 
Haier has now become the fourth strategic partner of PATEO after Dongfeng Motor Group, Xiaomi and Suning. 
Oct 20, 2020 10:25 am
Li Auto Deliveries Cross 20,000 Mark
Li Auto Deliveries Cross 20,000 Mark
Following the news, the pre-market share price rose by 3% as of October 19, 2020. 
Oct 20, 2020 10:05 am
Changan Automobile Appoints New President
Oct 17, 2020 10:28 am
Changan Automobile Appoints New President
With profits in sight, the automaker is made a management change.

Changan Automobile Appoints New President

by Qasim Khan Oct 17, 2020 10:28 am
Toyota Provides Hybrid Technology to GAC
Oct 17, 2020 10:00 am
Toyota Provides Hybrid Technology to GAC
This is the first time Toyota has provided its core hybrid technology to a foreign company.

Toyota Provides Hybrid Technology to GAC

by Qasim Khan Oct 17, 2020 10:00 am
SAIC Motor Aims at the NEV Market with Plans to Launch a New Brand
Oct 16, 2020 09:40 am
SAIC Motor Aims at the NEV Market with Plans to Launch a New Brand
One of China's largest automakers is set to establish a NEV dedicated brand toughening the industry's competition.

SAIC Motor Aims at the NEV Market with Plans to Launch a New Brand

by Qasim Khan Oct 16, 2020 09:40 am
Changan Auto Expects 1Q-3Q Net Profits as High as CNY 3.8 Billion
Oct 16, 2020 09:34 am
Changan Auto Expects 1Q-3Q Net Profits as High as CNY 3.8 Billion
An auto-maker that suffered huge losses just nine months ago is expected to turn losses into profits in its next financial report. 

Changan Auto Expects 1Q-3Q Net Profits as High as CNY 3.8 Billion

by Qasim Khan Oct 16, 2020 09:34 am
WM Motor Edges Closer to STAR Board IPO Under the Guidance of China Securities
Oct 15, 2020 09:36 am
WM Motor Edges Closer to STAR Board IPO Under the Guidance of China Securities
According to the Shanghai Securities Regulatory Bureau, WM Motor officially opened counseling and filing on September 30, 2020, with plans to IPO and list on the Science and Technology Innovation Board. 

WM Motor Edges Closer to STAR Board IPO Under the Guidance of China Securities

by Qasim Khan Oct 15, 2020 09:36 am
BAIC New Energy's September Sales Down 77.57%
Oct 15, 2020 09:30 am
BAIC New Energy's September Sales Down 77.57%
Although the new energy vehicle market is on the road to recovery, BAIC has been unable to take advantage of the uptick.

BAIC New Energy's September Sales Down 77.57%

by Qasim Khan Oct 15, 2020 09:30 am
Chinese EV Upstart Enovate Motors Nabs over CNY 5 Bn
Oct 14, 2020 12:40 pm
Chinese EV Upstart Enovate Motors Nabs over CNY 5 Bn
With evident growth and development of the EV industry, startups are receiving billions of dollars in financing to compete with Tesla, NIO, Xpeng, etc. 

Chinese EV Upstart Enovate Motors Nabs over CNY 5 Bn

by Qasim Khan Oct 14, 2020 12:40 pm
BYD's to Rack up CNY 3.6 Mn in Net Profit for the First Three Quarters of 2020 
Oct 14, 2020 12:34 pm
BYD's to Rack up CNY 3.6 Mn in Net Profit for the First Three Quarters of 2020 
According to the company, the domestic situation for the third quarter of 2020 has continued to improve after backsets due to the COVID-19 pandemic.

BYD's to Rack up CNY 3.6 Mn in Net Profit for the First Three Quarters of 2020 

by Qasim Khan Oct 14, 2020 12:34 pm
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