ICV
NavInfo expects to turn loss into profit in 2021 annual performance
NavInfo expects to turn loss into profit in 2021 annual performance

China’s major navigation player, NavInfo, was projected to see a turnaround from loss to profit as high as RMB131 million ($20.61 million) according to its 2021 annual performance preannouncement.

Jan. 17 , 2022
Unmanned mining solution provider WAYTOUS nabs 300 million yuan in C funding round
Unmanned mining solution provider WAYTOUS nabs 300 million yuan in C funding round

Chinese unmanned mining solution provider WAYTOUS has bagged nearly 300 million yuan ($47.159 million) in a Series C round, the company announced on Jan. 13.

Jan. 14 , 2022
XPeng leads China’s LiDAR supplier ZVision’s Pre-C investment round
XPeng leads China’s LiDAR supplier ZVision’s Pre-C investment round

China’s auto-grade MEMS LiDAR supplier, ZVision announced that it has completed its Pre-C round of financing, led by XPeng Inc., with hundreds of millions of RMB raised.

Jan. 10 , 2022
Hesai Technology Showcases New Automotive-Grade Hybrid Solid-State Lidar AT128 at CES 2022
Hesai Technology Showcases New Automotive-Grade Hybrid Solid-State Lidar AT128 at CES 2022

Hesai Technology Co., Ltd., a global leader in lidar technology for autonomous driving and advanced driver-assistance systems (ADAS), showcased its new automotive-grade lidar sensor at CES 2022.

Jan. 6 , 2022
Hesai Technology partners with Lumentum for next-generation LiDAR solution
Hesai Technology partners with Lumentum for next-generation LiDAR solution

China’s LiDAR supplier, Hesai Technology, announced that it had formed a cooperation with the photonics expert, Lumentum, on hybrid solid-state directional LiDAR solutions for ADAS.

Jan. 6 , 2022
Meituan joins hands with LiDAR supplier Hesai for autonomous food delivery
Meituan joins hands with LiDAR supplier Hesai for autonomous food delivery

China’s leading LiDAR supplier, Hesai Technology, has reached strategic cooperation with China’s food delivery giant, Meituan, for autonomous delivery development in the next four years.

Dec. 31 , 2021