- MAXIEYE completes RMB300 million B round led by Desay SV
China's intelligent driving and mobility solution developer, MAXIEYE, completed its Series-B round of financing with RMB300 million ($47.05 million) raised, led by Desay SV, according to the company.
Nov. 18 , 2021
- SenseTime joins hands with FAW subsidiary for intelligent vehicle mass-production
AI company SenseTime has teamed up with the AI development arm of FAW Group, FAW Nanjing Technology, to promote the development and mass-production of new-generation intelligent vehicles.
Nov. 18 , 2021
- WeRide introduces driverless Robotaxi with GAC Group, OnTime
China's leading autonomous driving startup, WeRide, announced today that it has entered into another strategic cooperation with GAC Group and its subsidiary mobility service platform OnTime to further...
Nov. 18 , 2021
- Pony.ai’s automaking project said to stall
China’s high-profile autonomous driving startup, Pony.ai’s recently announced automaking project is stalled, according to local media 36kr.
Nov. 17 , 2021
- Autonomous truck developer Trunk.Tech bags hundreds of millions of yuan investment
China’s commercial vehicle autonomous solution developer, Trunk.Tech announced today that it has raised hundreds of millions of yuan in the latest round of financing.
Nov. 17 , 2021
- NavInfo’s Cennavi partners with HollySys for intelligent highway development
Yesterday, China’s location big data provider Cennavi partnered up with HollySys, automation, and IT solutions provider, to co-develop products and solutions for intelligent traffic systems.
Nov. 17 , 2021
- Hesai lands another $70 million from Xiaomi-backed capital
China’s LiDAR supplier Hesai Technology announced today that it had received a $70 million investment increment from Xiaomi-linked Shunwei Capital.
Nov. 16 , 2021
- FAW-Jiefang-backed Zhito Technology receives hundred of millions RMB in first investment round
Zhito Technology, the FAW Jiefang-backed commercial vehicle autonomous driving startup, has completed a hundred-million-RMB worth of investment round, the startup disclosed to a local media outlet.
Nov. 15 , 2021