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PetroChina sets up subsidiary for NEV-related businesses
PetroChina sets up subsidiary for NEV-related businesses

PetroChina Company Limited (PetroChina), a Chinese oil & gas producer and the listed arm of Chinese state-owned China National Petroleum Corporation ("CNPC"), recently set up a subsidiary permitted to work on a slew of businesses related to new energ

Nov. 30 , 2022
Shanghai passes regulation for driverless vehicles’ commercial operation
Shanghai passes regulation for driverless vehicles’ commercial operation

The Shanghai Municipal People's Congress released an announcement on November 30 regarding a regulation that boosts the city’s driverless intelligent connected vehicle application.

Nov. 30 , 2022
NavInfo to supply FAW Hongqi with multiple services including high-precision maps
NavInfo to supply FAW Hongqi with multiple services including high-precision maps

China’s leading automotive intelligence solution developer NavInfo announced on November 29 that the company has been chosen to supply FAW Group with various services.

Nov. 30 , 2022
JueFX Technology, Windrose Technology to develop autonomous electric heavy-duty trucks
JueFX Technology, Windrose Technology to develop autonomous electric heavy-duty trucks

China’s autonomous driving solution developer JueFX Technology announced on November 29 the cooperation with local new energy heavy-duty truck startup Windrose Technology.

Nov. 29 , 2022
Baidu aims to build world’s largest driverless ride-hailing service area in 2023
Baidu aims to build world’s largest driverless ride-hailing service area in 2023

China’s tech giant Baidu announced its plans to build the world’s largest driverless ride-hailing service area in 2023 at the company’s Apollo Day event on November 29.

Nov. 29 , 2022
BYD to buy out China’s bus manufacturer Silver Bus
BYD to buy out China’s bus manufacturer Silver Bus

BYD has agreed to acquire the 100% stake in Xi'an Silver Bus Co., Ltd. ("Silver Bus") held by Xi'an Gaoke Group Co., Ltd. ("Xi'an Gaoke") for a consideration of 166 million yuan ($23.164 million).

Nov. 29 , 2022