Shenzhen-based self-driving startup Roadstar.ai announced a $128 million Series A round financing on May 15, which was by far the biggest financing value in China's autonomous driving industry.
May 16 , 2018
Guangxi Automobile Group Co., Ltd., whose former name is Liuzhou Wuling Automobile Industry Co., Ltd. (Liuzhou Wuling), and Fulin Industrial Group Co., Ltd. (Fulin Group), parent company of Yema Auto, signed a letter of intent on May 9.
May 16 , 2018
German luxury vehicle brand BMW officially opened a R&D center in Beijing on May 15. This is the third BMW’s R&D center in China, also the company’s largest R&D center aside from its German headquarter.
May 15 , 2018
BMW obtained two license plates for the ICV (intelligent-connected vehicle) road test from Shanghai municipal government on May 14, becoming the first multinational automaker that is allowed to test ICV on roads.
May 15 , 2018
Chinese AI company iFlytek joined hands with China Automotive Technology & Research Center (CATARC) to co-build the intelligent vehicle big data development center with the aim of promoting China’s intelligent vehicle development.
May 14 , 2018
Tesla Motor Shanghai Limited gained the operating license approved by the Market Supervision Administration of Shanghai Pudong New Area on May 10.
May 14 , 2018