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WeRide scores $400 million investment with $4.4 billion valuation
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
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 solutions.

Mar. 23 , 2022
UPower partners with NVIDIA to launch industry-first open automotive supercomputing platform
UPower partners with NVIDIA to launch industry-first open automotive supercomputing platform

On March 23rd, China’s skateboard chassis developer UPower announced its partnership with NVIDIA. With the help of NVIDIA, UPower will build the world’s first open automotive supercomputing platform with flexible computing power.

Mar. 23 , 2022
Yizhuang-backed AICC to introduce automotive brain iVBB2.5 by end of the year
Yizhuang-backed AICC to introduce automotive brain iVBB2.5 by end of the year

On March 16th, Beijing Yizhuang District-backed automotive intelligence company, AICC, announced that it would introduce its newest iVBB2.5 (intelligent vehicle base brain) version by the end of the year.

Mar. 17 , 2022
Hunan set to expand intelligent connected vehicle market share to 70% by 2025
Hunan set to expand intelligent connected vehicle market share to 70% by 2025

The Industry and Information Technology Department of Hunan Province recently issued its 14th five-year plan (2021-2025) on local intelligent connected automobile industry development.

Mar. 16 , 2022
China likely to be second country to recognize L3 autonomous vehicles after Germany
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 sources told a local media outlet on March 14th.

Mar. 15 , 2022