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
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 business expansion.
Oct. 12 , 2021
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
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. (G-PAL).
Oct. 8 , 2021
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 ventures.
Sep. 30 , 2021
The joint venture will be located in Jiading District, Shanghai and will have about 200 employees.
Sep. 29 , 2021