The Shanghai International Circuit in 2026 is a busy place. March kicks off with the F1 Chinese Grand Prix, followed by the China GT season opener in April and the CEC endurance championship in May. By September, the calendar is packed again. It includes the fourth round of China GT, back-to-back CTCC and TCR China…
Gasgoo Munich- NIO announced China Huaneng Group’s marketing department and NIO Power have signed a “Virtual Power Plant Collaborative Cooperation Work Plan” in the Xiong’an New Area. Prior to the signing, the two parties held discussions focusing on virtual power plants, power trading, and cooperation on green power and certificates. They identified strong complementarity and synergy…
Gasgoo Munich- In the third quarter of 2026, a new driver assistance system will join Volkswagen’s lineup in China. Named HS8 (HyperSense8), it is the first-generation all-scenario driver assistance system (L2++ ADAS) developed by CARIZON—a joint venture between Volkswagen Group’s software unit CARIAD and Horizon Robotics. It also serves as a single-stack, end-to-end solution for…
Gasgoo Munich- On August 30, Tesla launched a lower-priced Model 3 sedan in Hong Kong and Macau. The company website lists the Hong Kong starting price at HK$205,000 (approx. 176,000 yuan). This represents an 8.5% reduction from the previous base model. In Macau, the starting price is MOP$252,000 (approx. 210,000 yuan). Tesla describes the vehicle…
Gasgoo Munich- Maniformer, a one-stop physical AI data service platform, has recently completed a new round of financing worth hundreds of millions of yuan. The round was led by China Telecom, with participation from Zhangjiang Group, while existing shareholders including HongShan and Yuanqi Innovation significantly increased their investment. The company stated that the proceeds will…
Gasgoo Munich- On July 22, at the “Brand Breakthrough in the New Joint Venture Era” forum of the 2026 China Auto Forum, Liu Zhanshu—who took the helm as CEO of Volkswagen (Anhui) Digital Sales Service Co., Ltd. on July 1—delivered his first public address since assuming the role. Drawing from industry cycles, the positioning of joint…
Gasgoo Munich- Autonomous driving technology company Momenta began trading on the Main Board of the Hong Kong Stock Exchange on July 8, 2026, under the ticker 6880.HK, marking a significant milestone in the company’s expansion as it accelerates the commercialization of physical AI technologies. Image source: Momenta The IPO was priced at HK$295.6 per share….
Renault Group is embracing China’s automotive ecosystem more deeply — but in a different way. Invited by Renault Group to join the 2026 Tech World Tour Morocco, I visited Renault’s Tangier plant in Morocco, its low-carbon manufacturing operations, local supplier SNOP, and the Tanger Med port complex. It was a highly insightful trip. As a…
Gasgoo Munich-Seer Robotics made its debut on the Main Board of the Hong Kong Stock Exchange on June 24, becoming the market’s first “robot brain” stock. For this IPO, Seer Robotics offered 10,497,300 shares globally before the over-allotment option. After triggering the clawback mechanism, the public offering stood at 2,099,500 shares, while international placement reached…
Gasgoo Munich-SenseTime and Hong Kong Science and Technology Parks Corporation (HKSTP) officially signed a memorandum of understanding on June 16, according to an announcement from SenseTime. The two parties will launch a strategic partnership focused on AI computing infrastructure and the industry ecosystem, working together to advance the construction of domestic AI data centers (AIDC)…