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The Hong Kong and China Gas Group (Towngas) and IDG Capital jointly announced the establishment of a zero-carbon technology investment fund on Monday, with a total scale of 10 billion yuan ($1.6 billion).
Huawei obtained patent authorization for behavior planning methods and a behavior planning device which enables self-driving vehicles to safely and quickly pass through intersections.
LeEco founder Jia Yueting is being scrutinized by Chinese securities regulators and Leshi is on the edge of delisting.
On Thursday, Robin Li, Cofounder and CEO of Baidu, launched his new book entitled “Intelligent Transportation: Significant Transformation Over 10-40 Years Influencing the Future of Humanity.”
Meizu, a Chinese smartphone brand, announced on October 27 the "FlymeAuto" vehicle system, saying that it is the extension of Meizu's Flyme smartphone operating system for smart vehicle consoles.
Just after the eight-day National Day golden week, the competition among Chinese e-commerce giants has begun - they are preparing for the upcoming annual Double 11 shopping festival.
According to the Chinese investment news portal PEdaily, Meituan has started recruiting costumer service employees for its shared power bank division.
Leading artificial intelligence company Baidu on Sept. 30 announced that its Smart Living Group (SLG) has entered into definitive agreements with CPE, Baidu Capital and IDG Capital for Series A financing at a post-money valuation of approximately 20 billion yuan ($2.9 billion.)
On October 16, Horizon Robotics, a smart driving technology company, launched its IPO in Hong Kong. Alibaba and Baidu are cornerstone investors.
Telecommunications and technology firm Huawei announced via Weibo, a Chinese equivalent of Twitter, on Wednesday that the company will launch its new openEuler operating system on September 25.
On Thursday, the Shanghai Municipal Commission of Economy and Information issued the "14th Five-Year Plan" document.
Chinese lifestyle-sharing app Xiaohongshu has recently undergone an update, replacing the shopping section in the second column of the homepage with a new videos section, indicating the increasing importance of the medium.