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
Dongfeng Motor officially launched on October 19 its autonomous driving project in Wuhan, attempting to build China’s biggest demonstration zone for autonomous driving application in the capital of Hubei province.
Oct. 20 , 2020
Tencent Intelligence Mobility, Tencent’s smart transportation solution developer, announced an innovative strategic partnership formed on October 16 with Hyundai CRADLE (Beijing), for the collaboration on auto-related mobility services.
Oct. 16 , 2020
Beijing plans to complete the construction of a connected cloud-controlled high-level demonstration zone for autonomous driving by the end of 2020, which is the first-of-its-kind for the world.
Sep. 22 , 2020
Enovate ME7, the first production model of the EV innovator Enovate, hit the market on September 19, joining the string of Chinese EV startups that have production vehicle models available for sales.
Sep. 21 , 2020
On September 17, Robus, a medium-sized autonomous bus jointly developed by Baidu Apollo and domestic bus manufacturer King Long made its world’s debut in Chongqing.
Sep. 18 , 2020