ICV
BMW starts premium car-hailing service in Chengdu
BMW starts premium car-hailing service in Chengdu

On December 14, BMW Group announced the launch of its ride-hailing service in Chengdu, the capital of China’s Sichuan Province, as part of the businesses under the premium mobility brand ReachNow.

Dec. 17 , 2018
NEVS teams up with RHZL to co-develop ride-hailing service solutions
NEVS teams up with RHZL to co-develop ride-hailing service solutions

NEVS and CPI Ronghe Financial Leasing Company Limited (RHZL) signed a strategic cooperation agreement on December 5 to co-work on developing high-quality environmentally friendly mobility service solutions.

Dec. 13 , 2018
Dongfeng Electric Vehicle Co.,Ltd granted license to operate ride-hailing service in Wuhan
Dongfeng Electric Vehicle Co.,Ltd granted license to operate ride-hailing service in Wuhan

Dongfeng Electric Vehicle Co.,Ltd has been granted a license to operate ride-hailing service business by Wuhan Passenger Transport Taxi Management Office, according to Dongfeng Motor’s official WeChat account.

Dec. 6 , 2018
China AI chip designer Horizon Robotics to gain up to $1 billion in Series B round
China AI chip designer Horizon Robotics to gain up to $1 billion in Series B round

Horizon Robotics, a China’s leading technology company of embedded artificial intelligence, will reportedly raise up to $1 billion in the Series B round funding that is going to value the company at between $3 billion and $4 billion.

Nov. 28 , 2018
Baidu conducts trial operation of Apolong L4 autonomous bus in Beijing
Baidu conducts trial operation of Apolong L4 autonomous bus in Beijing

Baidu said on November 22 that its Level 4 autonomous bus Apolong (阿波龙)—a joint effort between Baidu and Fujian-based bus manufacturer King Long, has been put into trial operation at Beijing’s Haidian Park for 21 days.

Nov. 23 , 2018
XPENG Motors forges strategic partnership with NVIDIA for Level 3 autonomous driving
XPENG Motors forges strategic partnership with NVIDIA for Level 3 autonomous driving

On November 21, XPENG Motors signed a tripartite strategic cooperation agreement with NVIDIA, a leading company in AI computing hardware domain, and Desay SV Automotive to jointly develop Level 3 autonomous driving technology.

Nov. 22 , 2018