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Xiaomi’s chairman posts job ad for Level 4 self-driving tech development
Xiaomi’s chairman posts job ad for Level 4 self-driving tech development

Lei Jun, founder, chairman and CEO of Xiaomi, on July 28 posted a job ad via his Weibo account for the company’s autonomous driving business unit, which intends to enlist 500 technicians for in-house developed Level 4 smart driving capability.

Jul. 29 , 2021
Geely Auto to build EV battery joint venture with Jirun Automobile, Sunwoda
Geely Auto to build EV battery joint venture with Jirun Automobile, Sunwoda

Geely Auto announced on Wednesday it has signed an agreement with Jirun Automobile and Sunwoda to build a joint venture engaging in the development, production, and sales of hybrid power battery cell.

Jul. 29 , 2021
SAIC Motor’s software arm teams up with iFLYTEK for AI, SOA, big data businesses
SAIC Motor’s software arm teams up with iFLYTEK for AI, SOA, big data businesses

On July 28, SAIC Z-ONE inked a framework agreement with the Chinese leading AI and speed technology company iFLYTEK to carry out strategic cooperation on AI technology, SOA, platform, intelligent hardware, voice technology, and big data.

Jul. 28 , 2021
JAC Group expected to gain 480 million yuan in semi-annual net profit
JAC Group expected to gain 480 million yuan in semi-annual net profit

JAC Group announced on Tuesday its net profit attributable to shareholders is anticipated to reach roughly 480 million yuan ($73.77 million) for the first half of 2021, rocketing from the net loss of 147.44 million yuan for the year-ago period.

Jul. 28 , 2021
Hefei said to woo Xiaomi’s vehicle business
Hefei said to woo Xiaomi’s vehicle business

Hefei has a good industrial foundation for new energy vehicle (NEV) segment, which is attractive to Xiaomi.

Jul. 27 , 2021
Trunk.tech green-lighted by Beijing to make autonomous truck road tests
Trunk.tech green-lighted by Beijing to make autonomous truck road tests

Trunk.tech has become one of the first companies to obtain Beijing's permit that allows road tests for self-driving commercial vehicles, marking a big step on its path to large-scale commercial operation of autonomous trucks.

Jul. 27 , 2021