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Autonomous driving, AI tech firm LightWheel AI secures Pre-A+ funding
Autonomous driving, AI tech firm LightWheel AI secures Pre-A+ funding

LightWheel AI, a Beijing-based tech company specializing in autonomous driving and embodied intelligence, recently completed its Pre-A+ funding round, which raised for the company tens of millions of yuan.

Nov. 1 , 2024
UNT's revenue grows 27.16% YoY in Q3 2024
UNT's revenue grows 27.16% YoY in Q3 2024

On October 28, United Nova Technology Co., Ltd. (UNT) released its third-quarter (Q3) 2024 financial report, highlighting a single-quarter revenue of 1.668 billion yuan.

Oct. 31 , 2024
Hyperview, Saudi Aramco sign MoU on hydrogen-powered autonomous trucks
Hyperview, Saudi Aramco sign MoU on hydrogen-powered autonomous trucks

On October 27, Chinese autonomous driving technology company Hyperview inked a strategic Memorandum of Understanding (MoU) with Saudi Aramco.

Oct. 31 , 2024
SiEngine’s AD1000 autonomous driving chip to enter mass production in 2025
SiEngine’s AD1000 autonomous driving chip to enter mass production in 2025

Chinese automotive chip supplier SiEngine recently announced a significant advancement in autonomous driving technology with its AD1000 high-performance chip, designed for comprehensive, advanced autonomous driving applications.

Oct. 28 , 2024
NOVOSENSE teams up with Continental to develop automotive pressure sensor chips
NOVOSENSE teams up with Continental to develop automotive pressure sensor chips

On October 24, 2024, automotive chip supplier NOVOSENSE and Continental announced a strategic partnership to jointly develop automotive-grade pressure sensor chips.

Oct. 28 , 2024
QCraft closes Series C+ financing round
QCraft closes Series C+ financing round

On October 28, autonomous driving solution provider QCraft announced the completion of its Series C+ financing round, which raised for the company hundreds of millions of yuan, led by Zhulu Juhang Fund (name in Chinese pinyin).

Oct. 28 , 2024