- 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
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 bus...
Oct. 12 , 2021
- 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 a...
Oct. 12 , 2021
- 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...
Oct. 12 , 2021
- 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
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 cock...
Oct. 11 , 2021
- 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....
Oct. 08 , 2021
- 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...
Sept. 30 , 2021
