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Sequoia Capital has completed a new round of financing of $10 billion.

2026-08-06

Sequoia Capital has completed a new round of financing of $10 billion.

Other News
2026-08-05

1. Ministry of Industry and Information Technology (MIIT): Standardizes human-machine interaction and user notification requirements; L3 autonomous driving systems should also have driver takeover capability monitoring functions. 2. MIIT: Strengthen

1. Ministry of Industry and Information Technology (MIIT): Standardizes human-machine interaction and user notification requirements; L3 autonomous driving systems should also have driver takeover capability monitoring functions. 2. MIIT: Strengthens safety assessment of combined driving assistance and autonomous driving functions. 3. Tesla remains the top-selling imported passenger vehicle in South Korea for the sixth consecutive month. 4. China Passenger Car Association (CPCA): Estimated wholesale volume of new energy passenger vehicles from domestic automakers reached 1.47 million units in July, a year-on-year increase of 23%. 5. Wei Jianjun denies that Great Wall Motors' H10 pre-orders exceeded 60,000 units: Not that many yet. 6. GAC Group: July automobile production was 103,284 units, a year-on-year decrease of 19.62%. 7. Volvo Cars' global sales from May to July decreased by 4% year-on-year. 8. Honda Motor's first fiscal quarter net profit was 450.915 billion yen, a significant year-on-year increase of 129.3%. 9. Malaysia is considering levying a tax on electric vehicle sales to expand its public charging network. 10. Over 145,000 charging piles in use nationwide were inspected in the first half of this year. 11. SAIC-GM completed the renewal of its joint venture agreement, extending it for another 20 years until 2047. 12. Lucid will postpone the launch of its affordable electric vehicle during its "operational restructuring."
2026-08-05

Japan's TOPIX rose 2%.

Japan's TOPIX rose 2%.
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