ICV
AI chip provider Horizon Robotics banks $400 million in series C2 round
AI chip provider Horizon Robotics banks $400 million in series C2 round

Chinese AI solution provider Horizon Robotics announced on Jan. 7 it bagged up to $400 million in its Series C2 financing, which is led by CATL and involved other investors like Baillie Gifford, YF Capital and CITICPE.

Jan. 7 , 2021
GAC Aion’s 5G-enabled Aion V comes off assembly line
GAC Aion’s 5G-enabled Aion V comes off assembly line

On Dec. 24, GAC Aion, GAC Group’s new energy vehicle (NEV) subsidiary, saw an Aion V all-electric SUV equipped with 5G and V2X (vehicle-to-everything) modules rolled off the production line.

Dec. 25 , 2020
WeRide raises $200 million from Yutong Group in Series B1 funding
WeRide raises $200 million from Yutong Group in Series B1 funding

WeRide, a Guangzhou-based autonomous driving startup, announced on Dec. 23 it has closed its Series B1 financing, which raised $200 million from Chinese CV manufacturer Yutong Group.

Dec. 23 , 2020
Pony.ai given green light to have road tests of autonomous trucks in Guangzhou
Pony.ai given green light to have road tests of autonomous trucks in Guangzhou

On Dec. 16, Pony.ai received a permit from Guangzhou authority that allows the startup to test its autonomous trucks on public roads, the company announced via its WeChat account.

Dec. 17 , 2020
Huawei, Chery Automobile to cooperate on smart car solutions
Huawei, Chery Automobile to cooperate on smart car solutions

Chery Automobile and Huawei Technologies Co.,Ltd. (Huawei) signed on Dec. 16 a framework agreement for an in-depth cooperation on cloud computing, big data, smart car solution and other technical areas, said the automaker.

Dec. 16 , 2020
WM Motor unveils 3rd model powered by Baidu’s Cloud AVP
WM Motor unveils 3rd model powered by Baidu’s Cloud AVP

At the 2020 Apollo Ecosystem Conference, WM Motor unveiled its third smart all-electric SUV that boasts Level 4 autonomous driving capabilities in specific senarios, according to a posting on the startup’s WeChat account.

Dec. 10 , 2020