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Travel Daily 丨South Juchuang won a new round of financing / FAW and BYD joint venture battery project settled in Changchun

Travel Daily 丨South Juchuang won a new round of financing / FAW and BYD joint venture battery project settled in Changchun

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Travel Daily 丨South Juchuang won a new round of financing / FAW and BYD joint venture battery project settled in Changchun

Sagitar Juchuang received a new round of financing

A few days ago, Sagitar Juchuang obtained a new round of financing, investors include vehicle companies BYD, Yutong, as well as upstream suppliers, investment institutions, capital institutions and other enterprises, such as Lixun, Desay SV, Xingshao Venture Capital, Chenling Capital, Hubei Xiaomi Yangtze River Industry Fund, Zhongxin Sunac, Kang Chengheng, etc. Sagitar Juchuang pointed out that the new round of financing will continue to focus on the ecological construction of the industrial chain of lidar and automatic driving. Since its inception, Sagitar Juchuang has always attached great importance to the deep integration and strategic cooperation between the upstream and downstream of the industrial chain, aiming to accelerate the large-scale commercial use of lidar through industrial cooperation.

Source: New Mobility Website & App

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Travel Daily 丨South Juchuang won a new round of financing / FAW and BYD joint venture battery project settled in Changchun

FaW and BYD joint venture battery project settled in Changchun

On February 27, China FAW officially said that the power battery project of FAW Fordi New Energy Technology Co., Ltd. was officially started in Changchun City, Jilin Province on February 26. It is reported that the total investment of the project is 13.5 billion yuan, the project covers an area of 800,000 square meters, the total production capacity of 45GWh, the project will meet the supporting needs of 1 million electric vehicles after full production, to achieve an output value of more than 20 billion yuan. According to the data, FAW Fordy New Energy Technology Co., Ltd. was incorporated on January 15 this year, and the shareholders of the company include Fordi Industrial Co., Ltd. (a wholly-owned subsidiary of BYD) and FAW Equity Investment (Tianjin) Co., Ltd. (a wholly-owned subsidiary of FawC, China), with a shareholding ratio of 51% and 49% respectively.

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Travel Daily 丨South Juchuang won a new round of financing / FAW and BYD joint venture battery project settled in Changchun

Ford receives a new facial recognition patent

According to foreign media reports, Ford Global Technologies, The technology arm of Ford Motor Co., Ltd., announced that it has obtained a patent for a facial recognition system built into the vehicle. The system recognizes the driver and unlocks the doors within line of sight. It is reported that the basic technology is relatively simple in terms of the standard of facial biometrics and monitoring, and belongs to the vehicle installation and planned installation of facial recognition systems as a follow-up product. Ford Global, Ford's research and development arm, said the patent not only describes a range of new features enabled through facial biometrics, but also describes a way to reduce the power loss caused by such systems to car batteries.

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Travel Daily 丨South Juchuang won a new round of financing / FAW and BYD joint venture battery project settled in Changchun

Jiewei Power and Chery New Energy reached a strategic cooperation

On the morning of February 26, Jiewei Power and Chery New Energy signed a strategic cooperation agreement in Wuhu, Anhui Province, and the two sides reached in-depth cooperation on the linkage of power battery supply and demand and capacity guarantee, and Chery New Energy intends to purchase a total amount of about 5 billion yuan of power batteries for Jiewei Power in the next three years.

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Travel Daily 丨South Juchuang won a new round of financing / FAW and BYD joint venture battery project settled in Changchun

EVgo has partnered with Toyota

A few days ago, overseas media reported that Toyota will cooperate with EVgo, an electric vehicle charging service company, to provide free charging services for new Toyota bZ4X owners in the United States, which will last for one year, and car owners can charge vehicles for free in all EVgo charging accounts. Today, EVgo operates more than 800 DC fast charging points and thousands of L2 charging stations in 68 cities in 35 states across the United States. The Toyota bZ4X for the U.S. market was officially released in the fall of 2021, and the new car is Toyota's new all-electric compact SUV, with a cruising range of nearly 500km under WLTC conditions, supporting 150kW of power in DC fast charging mode, and can be fully charged in 30 minutes

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