Articles Tagged with "Tech Company"

FedEx teams up with Neolix for autonomous delivery vehicle test
FedEx teams up with Neolix for autonomous delivery vehicle test

Global express transportation giant FedEx Express announced that it is working with China’s Neolix to test autonomous delivery vehicles in China. This marks the first time that FedEx has partnered with local Chinese tech company for driverless vehicl

Nov. 3 , 2021
GAC Group invests in Holomatic’s C1 round, with cooperated vehicles coming in 2022
GAC Group invests in Holomatic’s C1 round, with cooperated vehicles coming in 2022

GAC Group signed a deep cooperation agreement with China's autonomous driving solution startup, Holomatic, and invested in the startup's C1-round of financing.

Nov. 3 , 2021
Hesai, QCraft deepen cooperation to explore scale application of autonomous mobility
Hesai, QCraft deepen cooperation to explore scale application of autonomous mobility

China’s advanced LiDAR developer Hesai Technology inked a strategic agreement with the autonomous driving solutions provider QCraft on top of their existing cooperation.

Oct. 20 , 2021
Beijing Yizhuang-backed AICC completes Pre-A investment round
Beijing Yizhuang-backed AICC completes Pre-A investment round

China’s automotive intelligence developer, AICC, landed hundreds of millions of RMB in the company’s Pre-A round of financing for product R&D and collaborative mass production with automakers.

Oct. 14 , 2021
Autonomous driving startup iMotion closes C-round investment
Autonomous driving startup iMotion closes C-round investment

China’s startup autonomous driving solution provider, iMotion, announced the completion of the company’s C-round of financing worth hundreds of millions RMB, led by a mixed ownership reform fund of a special commission of the China State Council.

Oct. 13 , 2021
Automotive solution provider Neusoft Reach banks RMB650 million
Automotive solution provider Neusoft Reach banks RMB650 million

China’s software giant, Neusoft, announced an RMB650 million ($101 million) worth of investment received by its subsidiary, Neusoft Reach , completing the branch’s first round of financing for business expansion.

Oct. 12 , 2021