- 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
- 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.
Sept. 29 , 2021
- 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.
Sept. 28 , 2021
- 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.
Sept. 28 , 2021