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​MAXIEYE completes RMB300 million B round led by Desay SV
​MAXIEYE completes RMB300 million B round led by Desay SV

China's intelligent driving and mobility solution developer, MAXIEYE, completed its Series-B round of financing with RMB300 million ($47.05 million) raised, led by Desay SV, according to the company.

Nov. 18 , 2021
SenseTime joins hands with FAW subsidiary for intelligent vehicle mass-production
SenseTime joins hands with FAW subsidiary for intelligent vehicle mass-production

AI company SenseTime has teamed up with the AI development arm of FAW Group, FAW Nanjing Technology, to promote the development and mass-production of new-generation intelligent vehicles.

Nov. 18 , 2021
WeRide introduces driverless Robotaxi with GAC Group, OnTime
WeRide introduces driverless Robotaxi with GAC Group, OnTime

China's leading autonomous driving startup, WeRide, announced today that it has entered into another strategic cooperation with GAC Group and its subsidiary mobility service platform OnTime to further its Robotaxi commercialization.

Nov. 18 , 2021
​Hesai lands another $70 million from Xiaomi-backed capital
​Hesai lands another $70 million from Xiaomi-backed capital

China’s LiDAR supplier Hesai Technology announced today that it had received a $70 million investment increment from Xiaomi-linked Shunwei Capital.

Nov. 16 , 2021
​FAW-Jiefang-backed Zhito Technology receives hundred of millions RMB in first investment round
​FAW-Jiefang-backed Zhito Technology receives hundred of millions RMB in first investment round

Zhito Technology, the FAW Jiefang-backed commercial vehicle autonomous driving startup, has completed a hundred-million-RMB worth of investment round, the startup disclosed to a local media outlet.

Nov. 15 , 2021
Volvo Cars chooses NavInfo for V2X service in the next three years
Volvo Cars chooses NavInfo for V2X service in the next three years

China's navigation giant, NavInfo, released an announcement stating the company's recent V2X (vehicle to everything) deal with Volvo Cars.

Nov. 12 , 2021