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  • Hunan
    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

    • China
      China likely to be second country to recognize L3 autonomous vehicles after Germany

      China local authorities are said to recognize autonomous driving vehicles as part of the open road traffic participants, therefore issuing L3 autonomous vehicles with official license plates, reliable...

      Mar. 15 , 2022

      • Shanghai-based
        Shanghai-based V2X developer PATEO bags RMB300 million, with IPO coming soon

        China’s V2X explorer, PATEO, recently received RMB300 million strategic investment from the government-backed Shanghai Guosheng Capital while preparing for an IPO.

        Mar. 14 , 2022

        • Baidu
          Baidu becomes shareholder to local LiDAR supplier ZVision

          China’s tech giant, Baidu, and CICV were newly added as shareholders to local MEMS LiDAR supplier, ZVision, on March 8th.

          Mar. 10 , 2022

          • FAW
            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. 09 , 2022

            • Holomatic
              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. 07 , 2022

              • Pony.ai
                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. 07 , 2022

                • Tencent
                  Tencent teams up with China’s Automotive Data Center for ICV development

                  China’s tech giant, Tencent, announced on March 5th that it had inked a cooperation agreement with China’s Automotive Data Center (ADC) for intelligent connected vehicle technology development.

                  Mar. 07 , 2022

                  • IoT
                    IoT developer RT-Thread launches automotive OS strategy, software platform

                    On March 1st, China’s leading IoT operating system developer, RT-Thread, introduced its automotive OS strategy and launched an automotive software platform named Chengxuan.

                    Mar. 03 , 2022

                    • Another
                      Another autonomous driving company settles in Jiading, Shanghai

                      On March 2nd, Shanghai Jiading District authorities announced that, the Jiading-based Shanghai Chuzhen Intelligent Technology Co., Ltd. was granted a construction permission for its autonomous driving...

                      Mar. 02 , 2022

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Gasgoo Awards 2022 applicant: Automotive 16-bit ADC from CHIPWAYS

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