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PATEO, Baidu AI Cloud team up to apply AI technologies onto smart vehicles
PATEO, Baidu AI Cloud team up to apply AI technologies onto smart vehicles

On April 9, 2024, Chinese V2X solution provider PATEO officially entered into a strategic partnership with Baidu AI Cloud at the latter’s inaugural GENERATE global ecosystem conference.

Apr. 10 , 2024
DiDi Autonomous Driving, GAC AION’s joint venture to launch first L4 commercial Robotaxi in 2025
DiDi Autonomous Driving, GAC AION’s joint venture to launch first L4 commercial Robotaxi in 2025

DiDi Autonomous Driving and GAC AION jointly announced the approval of the business license for their joint venture company, Guangzhou Andi Technology Co., Ltd., on April 7.

Apr. 7 , 2024
GAC Group, HESAI forge partnership to co-build intelligent driving products
GAC Group, HESAI forge partnership to co-build intelligent driving products

Under the collaboration, both companies will leverage HESAI's next-generation LiDAR products to deepen their cooperation in the automotive intelligence sector, aiming to develop highly competitive intelligent driving products.

Apr. 7 , 2024
SiEngine closes Series B funding, targets million-unit shipments for SE 1000 chip in 2024
SiEngine closes Series B funding, targets million-unit shipments for SE 1000 chip in 2024

SiEngine, a Chinese provider of high-performance automotive-grade processor solutions, officially announced on March 28, that it successfully completed a Series B financing round worth hundreds of millions of yuan.

Mar. 28 , 2024
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