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Baidu Apollo greenlighted driverless ride-hailing service on Beijing open roads
Baidu Apollo greenlighted driverless ride-hailing service on Beijing open roads

On April 28th, China’s tech giant Baidu announced that it has received permission to operate driverless ride-hailing service on public open roads in Beijing, as the first permit of its kind in China.

Apr. 28 , 2022
BYD scores 240.59% YoY hike in Q1 2022 net profit
BYD scores 240.59% YoY hike in Q1 2022 net profit

BYD saw the first-quarter net profit attributable to shareholders surge 240.59% year on year to 808.408 million yuan ($123.244 million).

Apr. 27 , 2022
Car and City: Model Y crowned most registered PV model in Beijing in March
Car and City: Model Y crowned most registered PV model in Beijing in March

In the third month of 2022, Beijing’s home-grown passenger vehicle registrations recovered from the slump in February, especially new energy vehicle registrations, according to data compiled by Gasgoo Auto Research Institute (GARI).

Apr. 27 , 2022
PVs with L2 features account for 23.2% of new vehicle market in China in Q1
PVs with L2 features account for 23.2% of new vehicle market in China in Q1

In the first quarter of 2022, passenger vehicles featuring L2 autonomous driving functions accounted for 23.2% of China’s new-vehicle market, according to a report released by International Data Corporation.

Apr. 27 , 2022
China's intelligent driving developer In-driving lands two-digit million yuan
China's intelligent driving developer In-driving lands two-digit million yuan

In-driving, a Wuhan-based intelligent driving startup recently closed its new financing round with two-digit millions yuan raised.

Apr. 27 , 2022
UMC, DENSO ally on automotive power semiconductors
UMC, DENSO ally on automotive power semiconductors

DENSO Corporation and United Semiconductor Japan Co., Ltd., a subsidiary of the semiconductor supplier United Microelectronics Corporation, announced on April 26 that they had agreed to team up on the production of power semiconductors.

Apr. 27 , 2022