ICV
Navigation solution provider NavInfo to make a turnaround in Q3 results
Navigation solution provider NavInfo to make a turnaround in Q3 results

China’s smart mobility solution provider NavInfo is projected to grasp an increase in revenue of the first three quarters this year, with the third quarter’s performance being extra prominent, the company forecasted.

Oct. 12 , 2021
China’s MEMS developer Asensing finishes C-round investment
China’s MEMS developer Asensing finishes C-round investment

China’s intelligent driving MEMS solution provider, Guangzhou Asensing Technology Co., Ltd. (Asensing), announced the completion of its C round of financing led by Sequoia Capital China.

Oct. 11 , 2021
SemiDrive joins hands with Neusoft for smart cockpit development
SemiDrive joins hands with Neusoft for smart cockpit development

China’s automotive SoC developer, Nanjing SemiDrive Technology Ltd. (SemiDrive), has formed a strategic agreement with Neusoft, China’s leading software company for new-generation intelligent cockpit development.

Oct. 11 , 2021
Alibaba developing L4 autonomous truck
Alibaba developing L4 autonomous truck

Alibaba is developing and testing its L4 autonomous truck for city logistics based on the large-scale application of its last-mile logistics vehicle, according to a company executive.

Sep. 28 , 2021
China’s automotive software market worth $4.09 billion in 2022: CSIA
China’s automotive software market worth $4.09 billion in 2022: CSIA

China’s automotive software market size will see a growth of 23.4% in worth as the market is rapidly expanding with great development potential, an association in China said in a report.

Sep. 28 , 2021
ByteDance makes foray into automotive cloud field
ByteDance makes foray into automotive cloud field

ByteDance, China’s tech company owning the popular video platform TikTok, recently introduced its automotive cloud business and is reportedly in talks with an auto company about intelligent driving cloud services.

Sep. 27 , 2021