ICV
BAIC Group eyes volume production of L4 autonomous driving products by 2025
BAIC Group eyes volume production of L4 autonomous driving products by 2025

China’s state-owned BAIC Group will strive to realize the volume production of Level 4 autonomous driving products and ripen the development of Level 5 technologies, Jiang Deyi, chairman of BAIC Group, said at the 2020 WICV.

Nov. 13 , 2020
Qianxun SI to endow Xpeng P7 with positioning capability with centimeter level accuracy
Qianxun SI to endow Xpeng P7 with positioning capability with centimeter level accuracy

Qianxun SI, a leading Chinese high-precision positioning service provider, announced on Nov. 11 its FindAUTO spatio-temporal engine will be used to power the Xpeng P7, the second mass-produced model of the EV startup Xpeng Motors.

Nov. 12 , 2020
CA, PA ICVs to account for over 50% of new car sales in 2025
CA, PA ICVs to account for over 50% of new car sales in 2025

China’s Technology Roadmap for Intelligent-Connected Vehicles 2.0 was formally launched at the 2020 WICV (World Intelligent Connected Vehicles Conference) kicking off on November 11.

Nov. 11 , 2020
Geely-backed tech company ECARX bags 1.3 billion yuan in Series A round
Geely-backed tech company ECARX bags 1.3 billion yuan in Series A round

ECARX, a Geely-backed tech company, announced on October 26 it has closed its series A financing with 1.3 billion yuan ($194,456,470) raised, reaching a valuation of over 10 billion yuan ($1,495,819,000).

Oct. 26 , 2020
Dongfeng to help Wuhan build China’s largest demonstration zone for autonomous driving
Dongfeng to help Wuhan build China’s largest demonstration zone for autonomous driving

Dongfeng Motor officially launched on October 19 its autonomous driving project in Wuhan, attempting to build China’s biggest demonstration zone for autonomous driving application in the capital of Hubei province.

Oct. 20 , 2020
Tencent partners with Hyundai CRADLE (Beijing) for smart mobility business
Tencent partners with Hyundai CRADLE (Beijing) for smart mobility business

Tencent Intelligence Mobility, Tencent’s smart transportation solution developer, announced an innovative strategic partnership formed on October 16 with Hyundai CRADLE (Beijing), for the collaboration on auto-related mobility services.

Oct. 16 , 2020