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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
V2X solution developer PATEO bags 19-billion-yuan credit line from seven banks in China
V2X solution developer PATEO bags 19-billion-yuan credit line from seven banks in China

On March 26, PATEO, a Chinese V2X tech company, signed credit agreements with seven banks, securing a total credit line of 19 billion yuan.​

Mar. 26 , 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