Both parties also signed a Memorandum of Understanding (MoU).
Nov. 19 , 2021
China's intelligent driving and mobility solution developer, MAXIEYE, completed its Series-B round of financing with RMB300 million ($47.05 million) raised, led by Desay SV, according to the company.
Nov. 18 , 2021
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
Yesterday, China’s location big data provider Cennavi partnered up with HollySys, automation, and IT solutions provider, to co-develop products and solutions for intelligent traffic systems.
Nov. 17 , 2021
China’s LiDAR supplier Hesai Technology announced today that it had received a $70 million investment increment from Xiaomi-linked Shunwei Capital.
Nov. 16 , 2021
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