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China's commercial vehicle intelligent driving developer Soterea lands RMB1.3 billion in B round
China's commercial vehicle intelligent driving developer Soterea lands RMB1.3 billion in B round

On March 28th, China’s commercial vehicle intelligent driving developer, Soterea, announced the completion of its Series B investment round, raising over RMB1.3 billion.

Mar. 29 , 2022
China encourages companies to develop flying cars
China encourages companies to develop flying cars

On March 28th, China’s Ministry of Transportation and the Ministry of Science and Technology issued a guideline for technology development in the transportation field, encouraging the development of “flying cars” within the country.

Mar. 29 , 2022
Haomo.ai develops ADAS for 34 GWM models awaiting market debut in 2022
Haomo.ai develops ADAS for 34 GWM models awaiting market debut in 2022

Haomo.ai is developing ADAS products for thirty-four Great Wall Motor vehicle models that are scheduled to hit the market in 2022, the COO of Haomo.ai, Hou Jun, said at the China EV100 Forum.

Mar. 29 , 2022
Pony.ai joins hands with NavInfo to advance intelligent driving technologies
Pony.ai joins hands with NavInfo to advance intelligent driving technologies

On March 28th, China’s autonomous driving company, Pony.ai has partnered up with local navigation giant, NavInfo, to advance the current autonomous driving technologies.

Mar. 28 , 2022
Zongmu Tech raises RMB1 billion in Series E, to build industrial park in Zhejiang
Zongmu Tech raises RMB1 billion in Series E, to build industrial park in Zhejiang

China’s autonomous driving startup Zongmu Tech announced the completion of its Series E investment round on March 28th, raising over RMB1 billion ($157.09 million).

Mar. 28 , 2022
Li Auto cooperates with HONOR for smartphone-controlled onboard functions
Li Auto cooperates with HONOR for smartphone-controlled onboard functions

China’s up-rising auto startup Li Auto has formed a cooperation with local cellphone maker, HONOR, on March 25th.

Mar. 25 , 2022