ICV
Autonomous driving startup QCraft closes Series B1 financing
Autonomous driving startup QCraft closes Series B1 financing

Autonomous driving solution supplier QCraft announced on December 2 the completion of its Series B1 financing round, which raised hundreds of millions of yuan.

Dec. 2 , 2022
PhiGent Robotics closes Series A+ round, appoints former VP of AMD as new CEO
PhiGent Robotics closes Series A+ round, appoints former VP of AMD as new CEO

Beijing-based autonomous driving solution developer PhiGent Robotics on December 1 announced the completion of its Series A+ financing round, raising tens of millions of US dollars for the company.

Dec. 1 , 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
NIO, Tencent team up on smart mobility businesses
NIO, Tencent team up on smart mobility businesses

Tencent signed an agreement with the NEV maker NIO on Nov. 28 to carry out strategic cooperation on intelligent driving map, autonomous driving cloud, digital ecosystem community, and other areas related to smart mobility.

Nov. 29 , 2022
Cambricon Singo, CalmCar ally on advanced intelligent driving solution
Cambricon Singo, CalmCar ally on advanced intelligent driving solution

China’s automotive chip supplier Cambricon Singo and intelligent driving system developer CalmCar on November 28 inked an agreement for the strategic cooperation in the intelligent cruise control (ICC) field.

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