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China’s Pony.ai announces completion of Series C financing worth $367 million
China’s Pony.ai announces completion of Series C financing worth $367 million

Pony.ai, a Chinese autonomous driving startup, announced on Feb. 8 it has bagged $100 million for its Series C+ funding, signifying the completion of its Series C round that raises $367 million in total.

Feb. 8 , 2021
Why automakers scramble to partner with Huawei?
Why automakers scramble to partner with Huawei?

Automakers scramble to partner with Huawei primarily due to Huawei’s technical advantages in fields like 5G, IoT (Internet of Things) and communications that deeply impress consumers.

Feb. 8 , 2021
Horizon Robotics banks strategic investment from Chinese optical device maker Sunny Optical
Horizon Robotics banks strategic investment from Chinese optical device maker Sunny Optical

Chinese AI solution provider Horizon Robotics recently announced it has obtained a strategic investment from Sunny Optical Technology (Group) Co.,Ltd. (called “Sunny Optical” for short), a leading optical device manufacturer in China.

Feb. 7 , 2021
Baidu’s IoV division adjusts organizational structure
Baidu’s IoV division adjusts organizational structure

The organizational structure of Baidu’s Internet of Vehicles (IoV) division was adjusted on Jan. 19 with five business branches, three platform branches and three business supporting centers launched at the same time.

Jan. 21 , 2021
WeRide gathers $310 million in Series B funding with Futong Group as leading investor
WeRide gathers $310 million in Series B funding with Futong Group as leading investor

WeRide, a Guangzhou-based autonomous driving startup, announced on Jan. 14 it has completed a $310 million Series B funding round, which is led by Yutong Group, a Zhengzhou-based commercial vehicle manufacturer.

Jan. 14 , 2021
NIO applies for trademark registration for NIO Super Computing platform
NIO applies for trademark registration for NIO Super Computing platform

NIO has applied for the registration of several trademarks related to NIO’s super computing platform “ADAM” with international classifications including scientific instruments and design research, according to the corporate data platform Qichacha.

Jan. 14 , 2021