Audi China was granted licenses for autonomous vehicle road test in Wuxi, Jiangsu Province at the forum for intelligent transportation and the Internet of Vehicles (IoV) industry development on September 14.

Banma Technologies, a China-based Internet car solution provider, announced on September 13 that it has raised over RMB 1.6 billion in the first financing round, which was led by SDIC Fund Management Company Ltd.

BYD and Baidu cemented their partnership at BYD’s Worldwide Developer Conference on August 9, working together to achieve the volume production of autonomous vehicles over the next three years.