China’s state-owned automaker FAW Group established a wholly-owned subsidiary on June 22, which is likely to help Hongqi forge ahead with its ICV (intelligent-connected vehicle) development.
Jun. 29 , 2020
China will move faster to foster the development of ICV (intelligent-connected vehicle) industry, speeding up the cross-sector integration for ICV businesses and improving the smart transportation infrastructures, said MIIT.
Jun. 23 , 2020
BAIC Group and Didi Chuxing (DiDi)’s autonomous driving subsidiary signed on June 19 a framework agreement to have an in-depth cooperation on fields of automobile, AI and car sharing, according to a post on BAIC’s WeChat account.
Jun. 22 , 2020
China’s ride-hailing giant Didi Chuxing (DiDi) has closed a fundraising round of over $500 million for its autonomous driving subsidiary, a local media outlet reported on May 29.
May 29 , 2020
Shenzhen has issued a string of measures to support orderly and sound development of local ICV (intelligent-connected vehicles) industry.
May 28 , 2020
On May 26, Chinese Internet giant Baidu announced the completion of Apollo Park, which is purportedly the world’s biggest base for the application and testing of autonomous vehicles and intelligent vehicle infrastructure cooperative System (IVICS).
May 27 , 2020