ICV
China’s Ministry of Transport supports legal trials for autonomous car application
China’s Ministry of Transport supports legal trials for autonomous car application

China will encourage local authorities of cities like Beijing, Shanghai and Hebei to launch pilot projects focusing on such cutting-edge technical domains as autonomous driving and V2X.

Oct. 29 , 2020
Desay SV reports third-quarter results
Desay SV reports third-quarter results

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
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
Baidu fully opens Apollo Go Robotaxi service in Beijing
Baidu fully opens Apollo Go Robotaxi service in Beijing

Baidu announced on October 11 that it has fully opened its Apollo Go Robotaxi service to ordinary users in Beijing.

Oct. 12 , 2020
GAC Group, Huawei step up strategic cooperation in ICV field
GAC Group, Huawei step up strategic cooperation in ICV field

GAC Group and Huawei Technologies Co.,Ltd. signed an agreement on September 29 to cement their strategic collaboration in intelligent vehicle field, according to a posting via GAC Group’s WeChat account.

Sep. 30 , 2020
Beijing to launch world’s first high-level cloud-controlled autonomous driving demonstration zone by 2020
Beijing to launch world’s first high-level cloud-controlled autonomous driving demonstration zone by 2020

Beijing plans to complete the construction of a connected cloud-controlled high-level demonstration zone for autonomous driving by the end of 2020, which is the first-of-its-kind for the world.

Sep. 22 , 2020