ICV
MIIT: infrastructure of great importance to intelligent vehicles
MIIT: infrastructure of great importance to intelligent vehicles

China’s Ministry of Industry and Information Technology (MIIT) restressed the importance of infrastructure network to the development of intelligent and connected vehicles, in its response to the proposals of GAC Group’s chairman.

Oct. 13 , 2021
Autonomous driving startup iMotion closes C-round investment
Autonomous driving startup iMotion closes C-round investment

China’s startup autonomous driving solution provider, iMotion, announced the completion of the company’s C-round of financing worth hundreds of millions RMB, led by a mixed ownership reform fund of a special commission of the China State Council.

Oct. 13 , 2021
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
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
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