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HOZON Auto partners with China’s AI company SenseTime
HOZON Auto partners with China’s AI company SenseTime

HOZON Auto, the Chinese auto startup owning the NEV brand NETA, announced a strategic partnership with SenseTime, China's leading artificial intelligence technology developer for intelligent driving and smart cockpit development.

Oct. 12 , 2021
Navigation solution provider NavInfo to make a turnaround in Q3 results
Navigation solution provider NavInfo to make a turnaround in Q3 results

China’s smart mobility solution provider NavInfo is projected to grasp an increase in revenue of the first three quarters this year, with the third quarter’s performance being extra prominent, the company forecasted.

Oct. 12 , 2021
China’s MEMS developer Asensing finishes C-round investment
China’s MEMS developer Asensing finishes C-round investment

China’s intelligent driving MEMS solution provider, Guangzhou Asensing Technology Co., Ltd. (Asensing), announced the completion of its C round of financing led by Sequoia Capital China.

Oct. 11 , 2021
Continental, Horizon Robotics to set up joint venture for commercializing auto AI technology
Continental, Horizon Robotics to set up joint venture for commercializing auto AI technology

The joint venture will be located in Jiading District, Shanghai and will have about 200 employees.

Sep. 29 , 2021
Alibaba developing L4 autonomous truck
Alibaba developing L4 autonomous truck

Alibaba is developing and testing its L4 autonomous truck for city logistics based on the large-scale application of its last-mile logistics vehicle, according to a company executive.

Sep. 28 , 2021
China’s automotive software market worth $4.09 billion in 2022: CSIA
China’s automotive software market worth $4.09 billion in 2022: CSIA

China’s automotive software market size will see a growth of 23.4% in worth as the market is rapidly expanding with great development potential, an association in China said in a report.

Sep. 28 , 2021