Li Auto chip subsidiary Mahe Xin raises CNY1.6 billion in equity financing as automakers aim to become chipmakers
Li Auto's chip and domain controller subsidiary, Mahe Xin Technology, has entered a first-round equity financing agreement worth CNY 1.625 billion (approx. US$243.33 million). The fundraising follows the automaker's recent opening of its in-house technologies to external customers, mirroring similar moves by other Chinese EV companies.
Read original article ↗
Related Articles
Micron invests in critical minerals processing at Indium in New York
Micron is investing in an expansion of Indium Corporation’s refining and manufacturing operations in Rome, New York, whi
Oracle AI Agent Studio for Industry Applications Helps Accelerate Business Outcomes
New platform enables customers and partners to easily and securely create, extend, deploy, and manage industry-specific
Le nouveau logiciel connecte les agents IA, les compétences et les flux de travail tout au long du cycle de vie de l'aut
New software connects AI agents, skills and workflows across the automation lifecycle MILWAUKEE, Oct. 21, 2026 /PRNewswi