Showing 12 of 384 posts with this tag
Neolix raises $600M+ in Series D to scale autonomous “robovan” operations after passing 10,000 vehicles produced, pushing into large-scale rollout.
Baidu’s Apollo Go partners with Swiss PostBus to launch AmiGo, deploying Level 4 autonomous RT6 vehicles in Switzerland starting December 2025, marking China’s autonomous driving entry into Europe.
China’s leading L4 autonomous driving mobility company WeRide announced Thursday it completed the Series B2 and B3 financing, marking that WeRide has raised a total of $310 million in a Series B funding.
An unmanned truck named "Damanlv," which has been developed by Alibaba's DAMO Academy, will carry out road tests in designated areas in Deqing, Zhejiang Province.
Technology industry research institution IDC released a new report, which indicates that the penetration rate of L2 autonomous driving in the Chinese passenger car market is as high as 23.2%.
Holomatic, an autonomous driving technology company, announced today that it has completed the B1 round of financing with investors including Tongfang Investment, Yulin Investment and NavInfo of Baiyue Group.
Xie Tiandi, the head of DJI's automobile device business, had said that his team was working on many businesses and is giving full play to its strengths and choosing partners who share the same interests with DJI.
In last week’s VC news, a diverse cohort of Chinese startups raised considerable capital across industries spanning tax automation, fintech, mobility, robotics and more.
Chinese tech giant Baidu on Thursday received the first-ever permits in China authorizing the company to provide driverless ride-hailing services to the public on open roads in Beijing.
Shenzhen's Transportation Bureau announced on August 23 that the sites for a third round of open-road driverless vehicle tests have now been confirmed. 53 roads have been opened this time, with a total mileage of about 56.68 km.
SemiDrive, a Nanjing-based chip firm, announced on November 28 that it has completed round-B+ financing totaling nearly 1 billion yuan ($139 million).
Chinese tech giant Baidu's intelligent electric vehicle arm, JIDU, announced that it has closed a Series A round of financing, raising nearly $400 million.