- Desay SV forecasts boost in Q3 profit
China's leading automotive electronics company, Desay SV, projected a lucrative first three quarters of this year, thanks to the steady growth in its three major product lineups.
Oct. 15 , 2021
- NIO executive calls for automakers, semiconductor providers cooperation
NIO’s executive, Pan Yu, said at a conference that automakers need to enhance cooperation with local semiconductor providers to prevent the chip shortage from happening again in the future.
Oct. 14 , 2021
- Beijing Yizhuang-backed AICC completes Pre-A investment round
China’s automotive intelligence developer, AICC, landed hundreds of millions of RMB in the company’s Pre-A round of financing for product R&D and collaborative mass production with automakers.
Oct. 14 , 2021
- Horizon Robotics, Changan-FAW-Dongfeng venture establish AI chip lab
Edge-AI technology developer Horizon Robotics teamed up with China Automotive Innovation Corporation (CAIC) to build a collaborative next-generation AI chip innovation development laboratory.
Oct. 14 , 2021
- 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 pr...
Oct. 13 , 2021
- 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 o...
Oct. 13 , 2021
- 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...
Oct. 13 , 2021
- 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
