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Tencent increases investment in intelligent driving company LinearX
Tencent increases investment in intelligent driving company LinearX

China’s tech giant Tencent increased its stake in the Shanghai-based intelligent driving software platform developer, LinearX, to the third largest shareholder position.

Aug. 16 , 2022
Autonomous driving developer Momenta invests in SAIC Motor’s Xiangdao Chuxing
Autonomous driving developer Momenta invests in SAIC Motor’s Xiangdao Chuxing

SAIC Motor’s ride-hailing arm, Xiangdao Chuxing, announced the completion of its Series B financing round, raising over 1 billion yuan ($147.68 million) in total.

Aug. 15 , 2022
Baidu starts pilot operation of paid autonomous driving mobility service in Hefei
Baidu starts pilot operation of paid autonomous driving mobility service in Hefei

Baidu announced that its autonomous driving mobility service, Apollo Go, has kicked off commercial pilot operation in Hefei, the capital city of Anhui Province.

Aug. 15 , 2022
SGMW, DJI to deploy Lingxi Intelligent Driving System onto 2023 KiWi EV
SGMW, DJI to deploy Lingxi Intelligent Driving System onto 2023 KiWi EV

SAIC-GM-Wuling (SGMW) on August 10th launched the Lingxi Intelligent Driving System co-developed with DJI.

Aug. 10 , 2022
MAXIEYE closes C1 strategic round to boost R&D, mass production
MAXIEYE closes C1 strategic round to boost R&D, mass production

China’s intelligent driving solution provider MAXIEYE announced on August 8th the closing of its C1 strategic financing round.

Aug. 8 , 2022
Black Sesame Technologies bags over $500 million in C, C+ rounds
Black Sesame Technologies bags over $500 million in C, C+ rounds

Leading autonomous driving computing chip supplier Black Sesame Technologies announced the completion of its C+ funding round on August 8th.

Aug. 8 , 2022