- FAW-backed Zhito Technology to purchase LiDARs from RoboSense
FAW Jiefang-backed Zhito Technology has inked a pre-assembly mass-production procurement agreement with China’s LiDAR developer RoboSense.
Nov. 25 , 2021
- China’s multi-trillion company Wanda Group sets up auto venture in Zhuhai
China’s well-known enterprise, Dalian Wanda Group, has established an auto venture in Zhuhai with RMB100 million registered capital, according to corporate database Tianyancha.
Nov. 25 , 2021
- SenseTime joins hands with FAW subsidiary for intelligent vehicle mass-production
AI company SenseTime has teamed up with the AI development arm of FAW Group, FAW Nanjing Technology, to promote the development and mass-production of new-generation intelligent vehicles.
Nov. 18 , 2021
- FAW-Jiefang-backed Zhito Technology receives hundred of millions RMB in first investment round
Zhito Technology, the FAW Jiefang-backed commercial vehicle autonomous driving startup, has completed a hundred-million-RMB worth of investment round, the startup disclosed to a local media outlet.
Nov. 15 , 2021
- FAW-Volkswagen inks procurement memorandum with Volkswagen China
FAW-Volkswagen has signed a memorandum of understanding with Volkswagen China regarding imported automobile and auto parts cooperation at the China International Import Expo 2021.
Nov. 08 , 2021
- FAW-Dongfeng-Changan ride-hailing platform T3 Mobility bags 7.7 billion yuan in Series A round
T3 Mobility, the mobility service platform co-built by FAW Group, Dongfeng Motor, and Changan Auto, said on Oct. 26 it has nabbed 7.7 billion yuan ($1.206 billion) in the Series A funding.
Oct. 26 , 2021
- Horizon Robotics, Changan-FAW-Dongfeng venture establish AI chip lab
Edge-AI technology developer Horizon Robotics teamed up with China Automotive Innovation Corporation (CAIC) to build a collaborative next-generation AI chip innovation development laboratory.
Oct. 14 , 2021
- FAW Jiefang Sept. sales more than halved YoY
The commercial vehicle arm of FAW Group, FAW Jiefang, reported a slump in its September production and sales volume.
Oct. 11 , 2021
