ICV
Hesai Group’s net revenue drops 16.5% YoY in Q1 2024
Hesai Group’s net revenue drops 16.5% YoY in Q1 2024

On May 20, 2024, global LiDAR solution provider Hesai Group reported its unaudited financial results for the quarter ended March 31, 2024 (Q1 2024).

May 21 , 2024
ECARX’s revenue jumps 21% YoY in Q1 2024, net loss widens
ECARX’s revenue jumps 21% YoY in Q1 2024, net loss widens

On May 20, 2024, Geely-backed mobility tech provider ECARX Holdings Inc. announced its unaudited financial results for the quarter of this year, which showed a total revenue of 927.9 million yuan (US$128.5 million), marking a 21% year-over-year.

May 21 , 2024
Uhnder, HASCO to co-develop ADAS tech powered by digital radars
Uhnder, HASCO to co-develop ADAS tech powered by digital radars

On May 16, digital imaging radar chip company Uhnder signed a strategic partnership with the automotive electronics subsidiary of Huayu Automotive Systems Co., Ltd. (HASCO), to develop ADAS technology using digital radar.

May 17 , 2024
Autra Tech, Dongfeng Liuzhou Motor rolls off first-batch intelligent heavy-duty trucks
Autra Tech, Dongfeng Liuzhou Motor rolls off first-batch intelligent heavy-duty trucks

On May 14, autonomous truck solution developer Autra Tech, in collaboration with Dongfeng Liuzhou Motor (DFLZ), rolled off the first batch of their co-developed 20 AutraOne intelligent logistics vehicles.

May 16 , 2024
Beijing expands autonomous vehicle testing to include routes to Beijing South Railway Station
Beijing expands autonomous vehicle testing to include routes to Beijing South Railway Station

On May 15, the Office of Beijing High Level Autonomous Driving Demonstration Zone (BJHAD) announced new testing roads and areas for autonomous vehicles.

May 16 , 2024
Renault Group, WeRide to launch autonomous shuttle service at 2024 French Open
Renault Group, WeRide to launch autonomous shuttle service at 2024 French Open

On May 15, 2024, global auto giant Renault Group unveiled its future autonomous driving strategy, highlighting a pivotal collaboration with China’s autonomous driving solution developer WeRide.

May 15 , 2024