ICV
Chinese chip startup SemiDrive closes 1 billion yuan Series B round
Chinese chip startup SemiDrive closes 1 billion yuan Series B round

Chinese automotive SoC (system-on-chip) developer SemiDrive raised nearly 1 billion yuan ($154.238 million) in a Series B funding round, which was co-led by CDB Equipment Manufacturing Industrial Investment Fund and V Fund.

Jul. 26 , 2021
Huawei applying for trademark registration for autonomous driving software
Huawei applying for trademark registration for autonomous driving software

Huawei Technologies Co.,Ltd. is applying for the registration of the trademark “Autoware”, which will be used to name an open-source software for autonomous driving technologies.

Jul. 21 , 2021
WeRide buys out autonomous trucking startup MoonX.AI
WeRide buys out autonomous trucking startup MoonX.AI

On July 20, Chinese autonomous driving startup WeRide announced its buyout of MoonX.AI, a startup focusing on offering freight transport service with self-driving cars.

Jul. 20 , 2021
Alibaba-backed startup AutoX launches fifth-generation self-driving system
Alibaba-backed startup AutoX launches fifth-generation self-driving system

On July 6, AutoX, a Chinese self-driving startup funded by Alibaba and other, launched its fifth-generation self-driving system, the Auto X Gen5, which has already gone into volume production, according to the company.

Jul. 6 , 2021
SAIC Motor’s chairman says SAIC unwilling to cooperate with Huawei for autonomous driving
SAIC Motor’s chairman says SAIC unwilling to cooperate with Huawei for autonomous driving

SAIC Motor is reluctant to cooperate with third-party companies like Huawei on autonomous driving business, Chen Hong, chairman of SAIC Motor, said at the latest annual shareholder meeting in response to a question raised by an investor.

Jul. 2 , 2021
Foton Motor in early stage of cooperation with Huawei on autonomous driving business
Foton Motor in early stage of cooperation with Huawei on autonomous driving business

Foton Motor recently revealed via an investment information platform that it is carrying out preliminary cooperation with Huawei for autonomous driving business.

Jun. 28 , 2021