On Jan. 21st, the Chinese autonomous driving company Roadstar.ai announced the dismissal of one of its co-founders Zhou Guang. All relevant labor contracts have been terminated accordingly.
In Ep. 22 of TechBuzz China, co-hosts Ying-Ying Lu and Rui Ma talk about electric carmaker NIO, which went public on September 12 on the NYSE. This episode covers how NIO got started, its purported business model, and how it differs from its competition.
Baidu released on August 1 its unaudited financial report for the second quarter of the 2018 fiscal year. Baidu’s total revenue grew 32 percent to reach 26 billion yuan ($60 billion), while its net profit grew 45 percent to reach 6.4 billion yuan.
German premium automaker Daimler AG and China’s internet giant Baidu Inc. partner up to deepen their strategic ties in the areas of autonomous driving and vehicle connectivity.
XPeng responded today to the case of a former Apple employee charged with stealing trade secrets in the U.S., claiming its close attention to intellectual property.
Shanghai has granted BMW a license for self-driving vehicle road testing, allowing the German auto manufacturer to be the first multinational company with whole vehicle manufacturing capabilities to test autonomous cars on roads in China.
Alibaba appeared on the road scenario segmentation list of the world’s largest autonomous driving computer vision algorithm KITTI on January 14.