Etec increases capital to 161 million, an increase of about 39%
E-Tech, a company co-owned by Chery Automobile and Hubei Xiaomi Yangtze Industry Fund, has increased its registered capital by approximately 39%, reaching about 161 million RMB. The company, established in December 2002, focuses on automotive parts research and development, software development, and smart vehicle equipment manufacturing. AI
IMPACT This funding may accelerate the development of smart vehicle equipment and AI-integrated automotive solutions.