ICV
NIO-backed fund invests in MINIEYE's D3 round
NIO-backed fund invests in MINIEYE's D3 round

On June 6th, China’s intelligent driving solution provider, MINIEYE, announced the completion of its D3 investment round, closing the entire Series D with RMB800 million ($120.25 million) raised.

Jun. 6 , 2022
RoboSense LiDAR-powered new Hongqi models to be mass produced in 2023
RoboSense LiDAR-powered new Hongqi models to be mass produced in 2023

On June 1st, China’s LiDAR supplier RoboSense announced that it has struck a deal with FAW Group’s Hongqi to deploy its products onto the latter’s vehicles.

Jun. 1 , 2022
Xiaomi releases three automotive-use patent applications
Xiaomi releases three automotive-use patent applications

Xiaomi Automobile Technology Co., Ltd., one of the automaking entities of Xiaomi recently made three of its auto-related patents public.

Jun. 1 , 2022
TuSimple teams up with image-grade LiDAR supplier Innovusion
TuSimple teams up with image-grade LiDAR supplier Innovusion

On May 31st, long-range image-grade LiDAR supplier Innovusion announced its strategic partnership with autonomous driving developer TuSimple.

May 31 , 2022
XPeng to launch urban NGP to 50-100 cities by 2023
XPeng to launch urban NGP to 50-100 cities by 2023

XPeng is working to launch urban NGP functions to achieve destination-to-destination autonomous driving in 50-100 cities by 2023, He Xiaopeng, CEO of XPeng, disclosed at the 2022 Guangdong-HongKong-Macao Greater Bay Area International Auto Show.

May 30 , 2022
C.P. Group partners with China’s EHang for urban air mobility development in Thailand
C.P. Group partners with China’s EHang for urban air mobility development in Thailand

Thailand’s major conglomerate Charoen Pokphand Group (C.P. Group) has partnered with China’s autonomous aerial vehicle (AAV) developer EHang, to set up a joint venture in Thailand for AAV and UAM business.

May 30 , 2022