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eVTOL developer TCab Tech secures $20 million Series A financing
eVTOL developer TCab Tech secures $20 million Series A financing

TCab Tech, a Shanghai-based tech company specializing in electric Vertical Takeoff and Landing (eVTOL) aircraft, announced the completion of a $20 million Series A strategic financing round on March 26, 2024.

Mar. 28 , 2024
RoboSense’s annual revenue doubles YoY in 2023
RoboSense’s annual revenue doubles YoY in 2023

RoboSense, a leading provider of LiDAR solutions, on March 27 released its financial report for the year ended December 31, 2023. The report reveals significant growth in revenue and sales, albeit accompanied by an increase in net loss.

Mar. 28 , 2024
Unmanned delivery vehicle developer NEOLIX bags 600 million yuan in Series C financing
Unmanned delivery vehicle developer NEOLIX bags 600 million yuan in Series C financing

Chinese developer of unmanned delivery vehicles NEOLIX, recently completed a 600-million-yuan Series C financing round, according to its announcement on March 27.

Mar. 27 , 2024
Ji Yue rolls out V1.4.0 OTA upgrade with enhanced intelligent capabilities
Ji Yue rolls out V1.4.0 OTA upgrade with enhanced intelligent capabilities

On March 25, Ji Yue, the automotive robot (Robocar) brand jointly developed by Baidu and Geely, hosted the AI DAY 2024 event, where it announced the release of the OTA V1.4.0 software upgrade.

Mar. 26 , 2024
Horizon Robotics submits IPO prospectus to Hong Kong Stock Exchange
Horizon Robotics submits IPO prospectus to Hong Kong Stock Exchange

On March 26, Horizon Robotics, a leading provider of ADAS and AD solutions for passenger vehicles, officially submitted its IPO prospectus to the Hong Kong Stock Exchange.

Mar. 26 , 2024
XPENG AEROHT's ‘Land Aircraft Carrier’ flying car enters airworthiness certification phase
XPENG AEROHT's ‘Land Aircraft Carrier’ flying car enters airworthiness certification phase

On March 25, XPENG AEROHT announced that the application for the Type Certificate (TC) of its "Land Aircraft Carrier" flying car's airframe had recently been accepted by the CAAC South Central Regional Administration.

Mar. 25 , 2024