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)…
Gasgoo Munich- With 2026 marking the start of the 15th Five-Year Plan, China’s auto industry stands at a pivotal juncture in its shift from sheer scale to strength. At a June 3 press conference for the SAE-China Annual Meeting and the AITX Auto Innovation Technology Exhibition, Hou Fushen, vice president and secretary-general of the society,…
Gasgoo Munich- On June 2, ZF Group and XCMG Group signed a joint venture agreement in Friedrichshafen, Germany, establishing a new company aimed at accelerating the development of advanced agricultural machinery technologies in China. Image source: ZF The partnership reflects a shared strategy to combine global engineering expertise with localized product development, delivering solutions specifically…