ICV
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
China’s intelligent driving solution provider Freetech nabs roughly $100 mln in Series B round
China’s intelligent driving solution provider Freetech nabs roughly $100 mln in Series B round

On November 28, China’s intelligent driving solution provider Freetech announced the completion of its Series B funding round, which raised for the company nearly $100 million.

Nov. 28 , 2022
Hongjing Drive nabs hundreds of millions of yuan in Series B round
Hongjing Drive nabs hundreds of millions of yuan in Series B round

China’s autonomous commercial vehicle solution developer Hongjing Drive announced on Nov. 28 it has completed its Series B financing round, which raised for the company several hundred million yuan.

Nov. 28 , 2022
SemiDrive bags roughly 1 billion yuan in B+ financing round
SemiDrive bags roughly 1 billion yuan in B+ financing round

Chinese automotive chip supplier SemiDrive announced on November 28 that it has raised nearly 1 billion yuan ($139 million) in its B+ financing round.

Nov. 28 , 2022