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Horizon Robotics, Changan-FAW-Dongfeng venture establish AI chip lab
Horizon Robotics, Changan-FAW-Dongfeng venture establish AI chip lab

Edge-AI technology developer Horizon Robotics teamed up with China Automotive Innovation Corporation (CAIC) to build a collaborative next-generation AI chip innovation development laboratory.

Oct. 14 , 2021
MIIT: infrastructure of great importance to intelligent vehicles
MIIT: infrastructure of great importance to intelligent vehicles

China’s Ministry of Industry and Information Technology (MIIT) restressed the importance of infrastructure network to the development of intelligent and connected vehicles, in its response to the proposals of GAC Group’s chairman.

Oct. 13 , 2021
Autonomous driving startup iMotion closes C-round investment
Autonomous driving startup iMotion closes C-round investment

China’s startup autonomous driving solution provider, iMotion, announced the completion of the company’s C-round of financing worth hundreds of millions RMB, led by a mixed ownership reform fund of a special commission of the China State Council.

Oct. 13 , 2021
HOZON Auto partners with China’s AI company SenseTime
HOZON Auto partners with China’s AI company SenseTime

HOZON Auto, the Chinese auto startup owning the NEV brand NETA, announced a strategic partnership with SenseTime, China's leading artificial intelligence technology developer for intelligent driving and smart cockpit development.

Oct. 12 , 2021
Navigation solution provider NavInfo to make a turnaround in Q3 results
Navigation solution provider NavInfo to make a turnaround in Q3 results

China’s smart mobility solution provider NavInfo is projected to grasp an increase in revenue of the first three quarters this year, with the third quarter’s performance being extra prominent, the company forecasted.

Oct. 12 , 2021
China’s MEMS developer Asensing finishes C-round investment
China’s MEMS developer Asensing finishes C-round investment

China’s intelligent driving MEMS solution provider, Guangzhou Asensing Technology Co., Ltd. (Asensing), announced the completion of its C round of financing led by Sequoia Capital China.

Oct. 11 , 2021