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He Xiaopeng, Xpeng's founder, stated that Xpeng is expected to become one of the earliest manufacturers in China to achieve mass production of L3 robots.
On Wednesday, Lei Jun, Chairman and Founder of Xiaomi, announced via his Weibo account that Xiaomi Auto Co. Ltd has been officially established, with registered capital of 10 billion yuan ($1.5 billion).
On August 4, WM Motor, a Shanghai-based new energy automobile company, announced the launch of its "Smart Parking" service.
On August 2, a patent applied for by Huawei entitled "Identification Method and Identification Device for Objects of Interest to Users" was formally authorized.
China's well-known automated driving company Pony.ai is reportedly at a standstill in its plans to build passenger cars. The firm later denied this news.
Chinese self-driving unicorn Pony.ai merged its self-driving truck R&D team into its passenger car R&D team.
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.
Autonomous driving trunk logistics company Autra Tech had completed a pre-A round of financing totaling 200 million yuan ($29.9 million). The investors include Cathay Capital, Xianghe Capital and BAI Capital.
Beijing-based autonomous driving company AutoBrain announced a strategic cooperation agreement on Monday with HikAuto, a subsidiary of Hikvision.
On September 13, Xiaomi Auto Technology Co., Ltd., a subsidiary of Chinese consumer tech firm Xiaomi, unveiled a patent entitled "Traffic Light Status Recognition Method, Device, Vehicle and Storage Medium."
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.
Pony.ai, a Chinese automated driving start-up, announced on March 22 that it has reached a strategic cooperation with leading unmanned vehicle developer Neolix in the field of unmanned distribution in China.