ICV
Xpeng Motors’ affiliated company invests in intelligent connectivity research institute in Guangdong
Xpeng Motors’ affiliated company invests in intelligent connectivity research institute in Guangdong

Guangdong Xiaopeng Motors investment Co.,Ltd. recently invested in a Guangdong-based company whose main business is the R&D of intelligent connectivity technology, according to the corporate data platform Tianyancha.

Nov. 16 , 2020
Shanghai ranks first in China by number of licenses issued for autonomous driving road tests
Shanghai ranks first in China by number of licenses issued for autonomous driving road tests

Shanghai has so far launched a total of 119 license plates for autonomous driving road tests to 20 companies, ranking first among China’s cities in terms of the numbers of both licenses issued and companies conducting the tests.

Nov. 13 , 2020
BAIC Group eyes volume production of L4 autonomous driving products by 2025
BAIC Group eyes volume production of L4 autonomous driving products by 2025

China’s state-owned BAIC Group will strive to realize the volume production of Level 4 autonomous driving products and ripen the development of Level 5 technologies, Jiang Deyi, chairman of BAIC Group, said at the 2020 WICV.

Nov. 13 , 2020
China’s Ministry of Transport supports legal trials for autonomous car application
China’s Ministry of Transport supports legal trials for autonomous car application

China will encourage local authorities of cities like Beijing, Shanghai and Hebei to launch pilot projects focusing on such cutting-edge technical domains as autonomous driving and V2X.

Oct. 29 , 2020
Desay SV reports third-quarter results
Desay SV reports third-quarter results

Its revenue jumped 33.51% year on year to RMB1.702 billion while the net profit attributable to the shareholders of the listed company reached RMB89 million, skyrocketing 119.15% from a year ago.

Oct. 28 , 2020
Geely-backed tech company ECARX bags 1.3 billion yuan in Series A round
Geely-backed tech company ECARX bags 1.3 billion yuan in Series A round

ECARX, a Geely-backed tech company, announced on October 26 it has closed its series A financing with 1.3 billion yuan ($194,456,470) raised, reaching a valuation of over 10 billion yuan ($1,495,819,000).

Oct. 26 , 2020