Didi began its Robotaxi service with on-board drivers and safety control center in case of emergency in designated areas in Shanghai.
Chinese ride-hailing giant Didi Chuxing has completed the first fundraising round of over $500 million for developing its autonomous driving technologies.
Several interesting news surfaced last week, with China’s VC industry getting back on its feet.
The past week saw exciting news surface regarding several players in China’s AI and automation space, with one of the most prominent AI unicorns 4Padadigm raising two hefty rounds and adding another $1 billion to its valuation.
AI, Big Data, Telematics and Logistics services caught investors’ attention and raised significant funds, hinting at a bright future for such services in the digitizing world.
Beijing-based Neolix, a startup focusing on developing autonomous delivery vehicles, has seen their order volume rise given the huge surge in demand for this technology.
On February 29, the California Department of Motor Vehicles issued a series of “2019 Autonomous Driving Disengagement Reports.”
China’s VC market is coming into its own as the coronavirus outbreak seems to be easing its grip on the country.
China's autonomous driving companies have been enjoying a period of growth recently, as massive capital injections from investors pour in.
AutoX, a self-driving startup, announced it had completed a Pre-B round of financing worth tens of millions of dollars in late December.
On December 18, DiDi and NVIDIA announced a cooperation agreement. Didi will use NVIDIA’s technology to develop autonomous driving and cloud computing solutions.
Huawei released its white paper on autonomous driving based on its core 5G network to advance the development and integration of 5G in the field of self-driving technology.
San Diego-based self-driving truck startup TuSimple, announced on September 17 that its Series D round had secured an additional $120 million.
It has been slightly over two months since Didi’s autonomous driving division was spun off into an independent entity in an attempt to stimulate the company’s efforts in R&D and product application.
The multinational tech giant Intel signed a Memorandum of Cooperation with Chinese tech company Baidu for a three-year relationship in Baidu's core business areas on July 30.