Multiple Automakers and Supply Chain Companies Announce New Products, Strategic Partnerships, and Funding Updates

On June 15, Harmony Intelligent Mobility announced the official debut of its first tech-luxury rugged SUV, the Enjoy G9. The model is scheduled to make its global premiere in Q3 2026, joining the already-launched Enjoy S9 and S9T to form a premium product portfolio covering sedans, station wagons, and SUVs. On the same day, BAIC Group and Changan Automobile Group signed a strategic cooperation agreement, pledging collaborative efforts in forward-looking technologies, green and low-carbon initiatives, industrial and supply chains, and overseas markets. Tesla China announced that the Model Y became the best-selling single imported vehicle model in Japan in May 2026 by new vehicle registrations. Renault Group inaugurated its Advanced Creative Development Center (ACDC) R&D office in Hangzhou, establishing a dual-base collaborative structure alongside its Shanghai office to strengthen its R&D and engineering implementation capabilities in China. Proton Holdings Berhad of Malaysia announced an expansion of its new energy vehicle (NEV) manufacturing plant in Tanjung Malim, Perak. An additional investment of RM37 million (approximately USD 10 million) will increase annual production capacity from 20,000 to 42,000 units. Geely Ronghe (Ningbo) New Energy Co., Ltd. increased its registered capital from RMB 100 million to approximately RMB 250 million. Its business scope now includes development, transfer, services, and consulting in new energy technologies. The company is jointly held by Geely JUNENG (Zhejiang) Technology Co., Ltd. and Ningbo Economic & Technological Development Zone Jinfan Investment Co., Ltd. Corning Incorporated held a signing ceremony in Jiading District, Shanghai, for a new project to build a high-precision fiber optic connector harness manufacturing facility targeting data center applications, aiming to establish a world-leading production capacity with an annual output value of USD 1 billion. At the Embodied Intelligence CEO Forum during the 2026 Beijing Zhiyuan Conference, Zhipingfang unveiled NeuroVLA, the world’s first brain-inspired embodied intelligence system, which has been open-sourced on the AlphaBrain Platform. Developed jointly by Zhipingfang and the Hong Kong University of Science and Technology (Guangzhou), the system adopts a biomimetic three-layer architecture modeled after the human brain. Valeo and Calyos signed a Memorandum of Understanding to co-develop high-performance, standalone chip cooling solutions for mobility and computing applications, addressing thermal management challenges brought by electrification and AI. In capital markets, the Hang Seng Index rose 0.5% and the Hang Seng Tech Index gained 1.28% on June 15. Stocks related to large AI models and semiconductors showed strong performance. Meanwhile, tight supply-demand dynamics in the refrigerant market pushed prices of R32 and R134a to RMB 62,500/ton and RMB 59,727/ton respectively—both up over 30% year-over-year and reaching their highest levels for the same period in nearly a decade. In funding news, marine robotics company Shihang Intelligence completed a Series A round exceeding RMB 1 billion, with investors including Shanghe Momentum Fund, Vertex Growth (a Temasek subsidiary), and Ocean Electric Motor. Jijia Vision secured RMB 1 billion in a Series B2 round to advance its data algorithm systems, physical AGI models, and real-world deployment. Daxiao Robotics closed an Angel+ round backed by multiple institutions including Geely Capital, Dorchester Capital, and Shenzhen Capital Group. On the personnel front, onsemi appointed Dr. He Maojun as Vice President of System Products and General Manager for Greater China, responsible for advancing system-level product capabilities, fostering local customer partnerships, and executing the company’s China strategy.