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NIO completes building of 900 battery swapping stations in China
NIO completes building of 900 battery swapping stations in China

On April 18, NIO announced the launch of its 900th battery swapping station in China, which is located in Jiangning District, Nanjing city, according to a post on NIO's WeChat account.

Apr. 19 , 2022
China's AI chip startup HOUMO.AI closes Pre-A+ round
China's AI chip startup HOUMO.AI closes Pre-A+ round

China’s AI chip developer HOUMO.AI recently closed its Pre-A+ financing round, raising hundreds of millions of yuan.

Apr. 19 , 2022
BYD’s net profit forecasted to surge 174%-300% YoY in Q1 2022
BYD’s net profit forecasted to surge 174%-300% YoY in Q1 2022

BYD announced on Monday its quarterly net profitable attributable to shareholders was forecasted to reach 650 million-950 million yuan ($102.022 million-149.108 million) in the first quarter of 2022, rocketing 174%-300% YoY.

Apr. 19 , 2022
JIDU unveils dual-LiDAR autonomous solution with photos
JIDU unveils dual-LiDAR autonomous solution with photos

On April 18th, Baidu’s JIDU released photos of the front, headlights, and the hood of its first automotive robot, revealing its exclusive dual-LiDAR solution for the first time.

Apr. 18 , 2022
Horizon Robotics, ThunderSoft set up joint venture for intelligent driving
Horizon Robotics, ThunderSoft set up joint venture for intelligent driving

On April 18th, China’s AI chip supplier Horizon Robotics announced that it would establish a joint venture for intelligent driving with leading OS developer, ThunderSoft.

Apr. 18 , 2022
China's AD developer AutoBrain partners with HIKAUTO for ADAS advancement
China's AD developer AutoBrain partners with HIKAUTO for ADAS advancement

China’s autonomous driving company AutoBrain and automotive electronics supplier, HIKAUTO, for integrated ADAS development.

Apr. 18 , 2022