- WeRide scores $400 million investment with $4.4 billion valuation
China’s autonomous driving startup, WeRide, recently closed its latest financing round, raising over $400 million, a local media outlet reported on March 23rd.
Mar. 24 , 2022
- DeepRoute.ai to put NVIDIA Drive Orin chip in new Robotaxis in 2022
On March 23rd, China’s autonomous driving startup, DeepRoute.ai announced that the company has adopted NVIDIA’s Drive Orin systematic chip for its production-oriented L4 autonomous driving solutio...
Mar. 23 , 2022
- Ambarella partners with Shenzhen-based ADAS developer Autocruis
China’s autonomous driving developer Autocruis has formed a profound partnership with world-leading AI chip enterprise Ambarella for intelligent cockpit development, Autocruis announced on March 21s...
Mar. 22 , 2022
- China likely to be second country to recognize L3 autonomous vehicles after Germany
China local authorities are said to recognize autonomous driving vehicles as part of the open road traffic participants, therefore issuing L3 autonomous vehicles with official license plates, reliable...
Mar. 15 , 2022
- SAIC Z-ONE names new chief scientist of intelligent driving computing platform
On March 8th, SAIC Motor’s automotive intelligence arm, SAIC Z-ONE, announced that the renowned autonomous driving specialist, Dr. Huang Yu, has assumed the position of chief scientist of the intell...
Mar. 09 , 2022
- Holomatic nabs hundreds of millions yuan from GAC Group, cooperated models coming in 2022
China’s autonomous driving company, Holomatic, has recently received hundreds of millions of yuan from GAC Capital as an exclusive strategic investment.
Mar. 07 , 2022
- Pony.ai completes D round, valuation reaches $8.5 billion
On March 7th, China’s autonomous driving developer, Pony.ai announced the completion of its Series D financing round, raising its total valuation to $8.5 billion.
Mar. 07 , 2022
- Tencent teams up with China’s Automotive Data Center for ICV development
China’s tech giant, Tencent, announced on March 5th that it had inked a cooperation agreement with China’s Automotive Data Center (ADC) for intelligent connected vehicle technology development.
Mar. 07 , 2022