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​Autonomous truck developer Trunk.Tech bags hundreds of millions of yuan investment
​Autonomous truck developer Trunk.Tech bags hundreds of millions of yuan investment

China’s commercial vehicle autonomous solution developer, Trunk.Tech announced today that it has raised hundreds of millions of yuan in the latest round of financing.

Nov. 17 , 2021
XPeng-backed flying car firm HT Aero to have European test flights in H1 2022
XPeng-backed flying car firm HT Aero to have European test flights in H1 2022

HT Aero, an UAM company and an affiliate of XPeng Inc., plans to start trial flights for the “Voyager X2”, the company’s fifth-generation “flying car” in Europe in the first half of 2022.

Nov. 17 , 2021
NavInfo’s Cennavi partners with HollySys for intelligent highway development
NavInfo’s Cennavi partners with HollySys for intelligent highway development

Yesterday, China’s location big data provider Cennavi partnered up with HollySys, automation, and IT solutions provider, to co-develop products and solutions for intelligent traffic systems.

Nov. 17 , 2021
​Hesai lands another $70 million from Xiaomi-backed capital
​Hesai lands another $70 million from Xiaomi-backed capital

China’s LiDAR supplier Hesai Technology announced today that it had received a $70 million investment increment from Xiaomi-linked Shunwei Capital.

Nov. 16 , 2021
Alibaba-backed AutoX operates fully autonomous RoboTaxi with largest area in Shenzhen
Alibaba-backed AutoX operates fully autonomous RoboTaxi with largest area in Shenzhen

China’s leading autonomous driving solution developer, AutoX, has become the first RoboTaxi company to operate a fully driverless RoboTaxi fleet in an entire Chinese megalopolis district in Shenzhen.

Nov. 16 , 2021
​XPeng granted permission for highest stake in two firms
​XPeng granted permission for highest stake in two firms

China’s EV startup XPeng Inc. released an announcement stating it had gained permission to possess 50% in Yidian Mobility Co., Ltd. and Zhipeng V2X Technology Co., Ltd respectively.

Nov. 16 , 2021