Shanghai has so far launched a total of 119 license plates for autonomous driving road tests to 20 companies, ranking first among China’s cities in terms of the numbers of both licenses issued and companies conducting the tests.
Nov. 13 , 2020
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, 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
Its revenue jumped 33.51% year on year to RMB1.702 billion while the net profit attributable to the shareholders of the listed company reached RMB89 million, skyrocketing 119.15% from a year ago.
Oct. 28 , 2020
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 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