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BYD FANGCHENGBAO’s vehicles to adopt Huawei’s smart driving tech
BYD FANGCHENGBAO’s vehicles to adopt Huawei’s smart driving tech

BYD's FANGCHENGBAO brand and the ICT giant Huawei jointly announced on Aug. 27 that they had recently signed a strategic agreement in Shenzhen to collaborate on intelligent driving technology.

Aug. 27 , 2024
Chinese wireless SoC firm Osemitech completes first transaction of Pre-A+ funding round
Chinese wireless SoC firm Osemitech completes first transaction of Pre-A+ funding round

Recently, Osemitech Microelectronics Technology Co., Ltd ("Osemitech"), a Chinese automotive-grade wireless SoC chip company, completed the first tranche of its Pre-A+ round of funding.

Aug. 26 , 2024
IAT, Wuxi Economic Development District to co-build innovation center for AI auto R&D, design
IAT, Wuxi Economic Development District to co-build innovation center for AI auto R&D, design

Recently, IAT Automobile Technology Co., Ltd. ("IAT") and the Wuxi Economic Development District officially signed a strategic cooperation agreement to establish a global AI automotive R&D and design innovation center.

Aug. 23 , 2024
Horizon Robotics so far ships over 6 million sets of Journey series products
Horizon Robotics so far ships over 6 million sets of Journey series products

Horizon Robotics recently announced that the cumulative shipment for its Journey series of in-vehicle intelligent computing solutions has surpassed 6 million sets, reflecting remarkable growth since its mass production began in 2020.

Aug. 21 , 2024
Spatiotemporal intelligence tech firm Qianxun SI closes new strategic financing round
Spatiotemporal intelligence tech firm Qianxun SI closes new strategic financing round

On August 19, spatiotemporal intelligence technology company Qianxun SI announced the completion of a new strategic financing round, boosting the company's valuation to over 16 billion yuan.

Aug. 20 , 2024
Hesai Technology posts 4.2% YoY rise in Q2 2024 revenue
Hesai Technology posts 4.2% YoY rise in Q2 2024 revenue

On August 20, Hesai Technology, a leading developer and manufacturer of LiDAR systems, announced its unaudited financial results for the second quarter of 2024, during which, the company reported revenue of 460 million yuan, marking a 4.2% YoY.

Aug. 20 , 2024