Huawei’s Smart Car Solution Business Units saw a number of personnel adjustments recently. Wang Jun, COO of the business unit and president of the intelligent driving solution product line has been suspended.
Li Xiang, the CEO of Chinese electric vehicle maker Li Auto, released a letter to all employees on January 28, mentioning that the company expects to become the global leader in the artificial intelligence industry in 2030.
Shenzhen-based drone maker DJI denied a report claiming that the company's automotive system department has been split to establish a new company called Shenzhen Zhuoyu Technology Co., Ltd.
An advanced driver-assistance system has turned out to be a must-have for car buyers, as eight out of 10 are willing to pay for the feature, said Zhang Kai, the chairman of autonomous driving company Haomo.AI, at the firm's seventh AI Day event held on January 5.
Baidu announced on December 26 a major expansion of its commercialized fully driverless robotaxi service in Wuhan, Hubei Province. The move triples the size of its operation areas, increases the number of robotaxis in service and expands the system's operation times to include key evening hours.
TuSimple, an autonomous driving technology company, has announced a restructuring plan which will impact approximately 350 of its employees, or 25% of the workforce, while 80% of the remaining approximately 1,100 employees are in R&D functions.
The competitive field of autonomous driving constantly attracts companies in various industries to transform. DeepBlue Technology, a Shanghai-based AI company, has promoted its industrial chain layout in the autonomous driving and new energy vehicle sectors.
Chinese electric vehicle firm NIO and internet giant Tencent signed a strategic cooperation agreement in Shenzhen on November 28. Under the deal, the two sides will carry out in-depth cooperation in the fields of autonomous driving cloud technology, intelligent driving maps and digital ecology.
Chinese internet giant Baidu announced plans on November 29 to build the world's largest autonomous ride-hailing service area next year. The message came during a celebration of Apollo Day, the firm's autonomous driving tech event.
Hyperview, an autonomous driving startup in China, announced on November 28 that it had completed the B round of financing worth several hundred million yuan.
SemiDrive, a Nanjing-based chip firm, announced on November 28 that it has completed round-B+ financing totaling nearly 1 billion yuan ($139 million).
Geely's electric vehicle brand Zeekr announced on November 17 that its M-Vision concept car will be mass-produced in 2024. Meanwhile, a driverless car jointly developed by Zeekr and Waymo, an autonomous driving company, also officially appeared in Los Angeles.
HoloMatic, an autonomous driving technology company in China, announced on November 11 that it had completed a C2 round of financing, led by GAC Capital and followed by Zhidu Investment and Chaos Investment.
Huawei Connect 2022 is being held in Shenzhen from November 7 to 9. At the conference, an official from the Tianjin Port demonstrated the practical achievements of Huawei's smart port technology application and ecological construction.
Zhong Yilin, vice president of BYD's automotive engineering research institute, said that the sales volume and penetration rate of intelligent vehicles on L2 and above in China increased rapidly, which was 24.5 times higher than that in 2017.
Pony.ai, an autonomous driving company co-located in the Silicon Valley, Beijing, and Guangzhou, is undergoing business adjustments.
Reports surfaced on November 2 claiming that Xiaomi's vehicle manufacturing project has been called to a stop. The Chinese consumer tech giant later stated that its automotive business is progressing smoothly and that it does not address rumors.
TuSimple, an automated driving technology company, announced on October 31 that it has terminated Hou Xiaodi, the CEO, President and CTO of the company, and that it has removed him as Chairman of the Board.
JIDU, an intelligent electric vehicle company backed by Chinese tech giant Baidu and automotive leader Geely, officially released its first-ever robocar, ROBO-01 Lunar Edition. Priced at 399,800 yuan ($55,253), it is a co-branded model in cooperation with the China’s Lunar Exploration Project.
As the target valuation of Mobileye, an autonomous driving subsidiary of Intel, continues to be lowered, the field of autonomous driving chips in China is active. Many local car companies such as Great Wall Motor and BYD are accelerating their investments in the chip industry.