ICV
Self-driving startup Momenta ready to launch fully automated driving solution in Q3
Self-driving startup Momenta ready to launch fully automated driving solution in Q3

Momenta plans to launch fully automated driving solutions in the third quarter of 2019, Cao Xudong, CEO of the startup announced on March 25 at a conference that celebrated the inauguration of its Suzhou headquarters.

Mar. 26 , 2019
Startup Singulato Motors, Siemens team up on intelligent manufacturing, big data
Startup Singulato Motors, Siemens team up on intelligent manufacturing, big data

China-based EV startup Singulato Motors and German industrial giant Siemens formed a strategic partnership on March 12 to cooperate on intelligent manufacturing and big data based on the Germany Industrie 4.0 initiative, according to the startup.

Mar. 13 , 2019
Skoda teams up with Banma to co-work on Internet car
Skoda teams up with Banma to co-work on Internet car

SAIC Volkswagen-operated Skoda and Banma Network Technology, an Internet car solution provider initiated by Alibaba Group and SAIC Motor, signed a cooperation agreement on March 12, according to Skoda.

Mar. 12 , 2019
Baidu’s Robin Li suggests at two sessions: building intelligent traffic solutions for better mobility services
Baidu’s Robin Li suggests at two sessions: building intelligent traffic solutions for better mobility services

Robin Li, a member of the CPPCC National Committee and Chairman of China’s Internet giant Baidu, proposed at the Two Sessions that the intelligent traffic solutions should be built to make people travel more convenient.

Mar. 4 , 2019
Volkswagen-Didi joint venture said to settle in Jiading District, Shanghai
Volkswagen-Didi joint venture said to settle in Jiading District, Shanghai

The joint venture between Germany’s Volkswagen and China’s ride-hailing giant Didi Chuxing has reportedly settled in Jiading District, Shanghai, according to Chinese media outlets.

Feb. 25 , 2019
Self-driving truck startup TuSimple raises $95 million for Series D round
Self-driving truck startup TuSimple raises $95 million for Series D round

Self-driving truck startup TuSimple announced on February 13 that it has closed a Series D round financing with $95 million raised led by Chinese Internet giant Sina Corp, which values the company at over $1 billion.

Feb. 14 , 2019