ICV
DiDi’s autonomous driving company complete $500 million worth of fundraising
DiDi’s autonomous driving company complete $500 million worth of fundraising

China’s ride-hailing giant Didi Chuxing (DiDi) has closed a fundraising round of over $500 million for its autonomous driving subsidiary, a local media outlet reported on May 29.

May 29 , 2020
Shenzhen rolls out incentives to boost ICV development
Shenzhen rolls out incentives to boost ICV development

Shenzhen has issued a string of measures to support orderly and sound development of local ICV (intelligent-connected vehicles) industry.

May 28 , 2020
Baidu builds world’s biggest autonomous car, vehicle-road cooperation test base in Beijing
Baidu builds world’s biggest autonomous car, vehicle-road cooperation test base in Beijing

On May 26, Chinese Internet giant Baidu announced the completion of Apollo Park, which is purportedly the world’s biggest base for the application and testing of autonomous vehicles and intelligent vehicle infrastructure cooperative System (IVICS).

May 27 , 2020
Honda inks MoU with Tencent to introduce TAI 3.0 IoV solution into cars
Honda inks MoU with Tencent to introduce TAI 3.0 IoV solution into cars

Honda’s China business branch recently signed a memorandum of understanding (MoU) with Chinese Internet giant Tencent to jointly explore the application of the latter’s IoV (Internet of Vehicles) solutions into Honda’s vehicles.

May 18 , 2020
Changan Automobile to provide 35,000 cars for car-sharing service
Changan Automobile to provide 35,000 cars for car-sharing service

Changan Automobile on May 13 struck a deal with Liandongyun, a Shenzhen-based car rental service provider, attempting to jointly develop car-sharing solutions that further facilitate consumers in daily trips.

May 15 , 2020
WeRide announces self-driving fleet with over 100 vehicles
WeRide announces self-driving fleet with over 100 vehicles

Guangzhou-based WeRide announced on May 13 its autonomous driving fleet has so far had over 100 vehicles, and is about to begin scale operation of robotaxi service.

May 13 , 2020