ICV
Baidu Apollo demonstrates autonomous mining truck operation
Baidu Apollo demonstrates autonomous mining truck operation

Baidu Apollo publicly showed its unmanned mining truck achievements with Huaneng Yimin Coal and Electricity Company (Yimin), marking the first machine learning-powered intelligent vehicle application under mining scenario in China.

Oct. 13 , 2021
Former MIIT minister: Chinese companies shall cooperate to overcome chip shortage
Former MIIT minister: Chinese companies shall cooperate to overcome chip shortage

The chip shortage situation should be dealt with domestically by promoting collaborations between local auto companies and ICT enterprises, said Miao Wei, former minister of MIIT.

Oct. 12 , 2021
Automotive solution provider Neusoft Reach banks RMB650 million
Automotive solution provider Neusoft Reach banks RMB650 million

China’s software giant, Neusoft, announced an RMB650 million ($101 million) worth of investment received by its subsidiary, Neusoft Reach , completing the branch’s first round of financing for business expansion.

Oct. 12 , 2021
SemiDrive joins hands with Neusoft for smart cockpit development
SemiDrive joins hands with Neusoft for smart cockpit development

China’s automotive SoC developer, Nanjing SemiDrive Technology Ltd. (SemiDrive), has formed a strategic agreement with Neusoft, China’s leading software company for new-generation intelligent cockpit development.

Oct. 11 , 2021
Xiaomi, Baidu invest in China’s autonomous driving developer G-PAL
Xiaomi, Baidu invest in China’s autonomous driving developer G-PAL

Xiaomi-backed venture capital firm and Baidu associated investment company were recently listed as shareholders to China’s autonomous driving developer, Geometrical Perception and Learning Co., Ltd. (G-PAL).

Oct. 8 , 2021
ByteDance, Xiaomi-backed Shunwei Capital invest in autonomous industrial vehicle developer
ByteDance, Xiaomi-backed Shunwei Capital invest in autonomous industrial vehicle developer

China's automated guided industrial vehicles developer, VisionNav Robotics, has completed its C-round of financing with participants including ByteDance, Xiaomi-backed Shunwei Capital, and other major ventures.

Sep. 30 , 2021