ICV
PhiGent Robotics closes Series A+ round, appoints former VP of AMD as new CEO
PhiGent Robotics closes Series A+ round, appoints former VP of AMD as new CEO

Beijing-based autonomous driving solution developer PhiGent Robotics on December 1 announced the completion of its Series A+ financing round, raising tens of millions of US dollars for the company.

Dec. 1 , 2022
Shanghai passes regulation for driverless vehicles’ commercial operation
Shanghai passes regulation for driverless vehicles’ commercial operation

The Shanghai Municipal People's Congress released an announcement on November 30 regarding a regulation that boosts the city’s driverless intelligent connected vehicle application.

Nov. 30 , 2022
NavInfo to supply FAW Hongqi with multiple services including high-precision maps
NavInfo to supply FAW Hongqi with multiple services including high-precision maps

China’s leading automotive intelligence solution developer NavInfo announced on November 29 that the company has been chosen to supply FAW Group with various services.

Nov. 30 , 2022
Cambricon Singo, CalmCar ally on advanced intelligent driving solution
Cambricon Singo, CalmCar ally on advanced intelligent driving solution

China’s automotive chip supplier Cambricon Singo and intelligent driving system developer CalmCar on November 28 inked an agreement for the strategic cooperation in the intelligent cruise control (ICC) field.

Nov. 29 , 2022
China’s intelligent driving solution provider Freetech nabs roughly $100 mln in Series B round
China’s intelligent driving solution provider Freetech nabs roughly $100 mln in Series B round

On November 28, China’s intelligent driving solution provider Freetech announced the completion of its Series B funding round, which raised for the company nearly $100 million.

Nov. 28 , 2022
Hongjing Drive nabs hundreds of millions of yuan in Series B round
Hongjing Drive nabs hundreds of millions of yuan in Series B round

China’s autonomous commercial vehicle solution developer Hongjing Drive announced on Nov. 28 it has completed its Series B financing round, which raised for the company several hundred million yuan.

Nov. 28 , 2022