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Arm China joins hands with China’s vehicle chip developer SemiDrive
Arm China joins hands with China’s vehicle chip developer SemiDrive

China’s automotive chip supplier, SemiDrive has partnered with Arm China to develop next-generation automotive electronic and electrical architecture products, the chip maker announced on March 18th.

Mar. 18 , 2022
Yizhuang-backed AICC to introduce automotive brain iVBB2.5 by end of the year
Yizhuang-backed AICC to introduce automotive brain iVBB2.5 by end of the year

On March 16th, Beijing Yizhuang District-backed automotive intelligence company, AICC, announced that it would introduce its newest iVBB2.5 (intelligent vehicle base brain) version by the end of the year.

Mar. 17 , 2022
Hunan set to expand intelligent connected vehicle market share to 70% by 2025
Hunan set to expand intelligent connected vehicle market share to 70% by 2025

The Industry and Information Technology Department of Hunan Province recently issued its 14th five-year plan (2021-2025) on local intelligent connected automobile industry development.

Mar. 16 , 2022
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