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FAW Group pours hundreds of millions of RMB to chip developer SiEngine
FAW Group pours hundreds of millions of RMB to chip developer SiEngine

China’s major auto player, FAW Group, recently invested hundreds of millions of yuan to local automotive chip developer, SiEngine, the latter announced on March 9th.

Mar. 9 , 2022
Holomatic nabs hundreds of millions yuan from GAC Group, cooperated models coming in 2022
Holomatic nabs hundreds of millions yuan from GAC Group, cooperated models coming in 2022

China’s autonomous driving company, Holomatic, has recently received hundreds of millions of yuan from GAC Capital as an exclusive strategic investment.

Mar. 7 , 2022
Pony.ai completes D round, valuation reaches $8.5 billion
Pony.ai completes D round, valuation reaches $8.5 billion

On March 7th, China’s autonomous driving developer, Pony.ai announced the completion of its Series D financing round, raising its total valuation to $8.5 billion.

Mar. 7 , 2022
China’s ADAS developer MAXIEYE to provide service for Dongfeng Trucks
China’s ADAS developer MAXIEYE to provide service for Dongfeng Trucks

On March 2nd, China’s ADAS developer, MAXIEYE, announced that it had closed a deal with Dongfeng Trucks to provide intelligent solutions and services for the automaker.

Mar. 2 , 2022
China’s Autonomous driving startup Nullmax partners with auto supplier BiTECH
China’s Autonomous driving startup Nullmax partners with auto supplier BiTECH

China’s autonomous driving startup, Nullmax, has partnered with local automotive electronics supplier BiTECH Automotive for autonomous driving development, the company announced on March 2nd.

Mar. 2 , 2022
Chery Holding, Anhui Province launch automotive industrial research institute
Chery Holding, Anhui Province launch automotive industrial research institute

On February 26th, Chery Holding and the provincial government of Anhui Province officially inaugurated their joint Anhui research institute of new energy vehicles and intelligent connected vehicles.

Mar. 1 , 2022