Showing 12 of 384 posts with this tag
Yunchuang Zhixing, a self-driving technology startup, announced on July 19 that it has completed pre-A round financing totaling tens of millions of yuan. The funding was led by NIO Capital.
On February 29, the California Department of Motor Vehicles issued a series of “2019 Autonomous Driving Disengagement Reports.”
DeepRoute.ai, an autonomous driving solutions provider, revealed that its lidar product can reduce costs to less than $10,000 per vehicle following mass production.
San Diego-based self-driving truck startup TuSimple, announced on September 17 that its Series D round had secured an additional $120 million.
Autonomous driving technology company WeRide has recently obtained more than $400 million in a new round of financing, and its valuation after the investment totals $4.4 billion.
Chinese self-driving technology startup Momenta has raised $500 million in a C+ Round of financing, making its overall C Round total more than $1 billion.
Pony.ai, an autonomous driving company, announced on August 2 that it has reached a cooperation agreement with Chinese online ride-hailing platform Caocao Mobility, whereby the two sides will jointly promote the large-scale application of urban robotaxi services.
AutoX, a self-driving startup, announced it had completed a Pre-B round of financing worth tens of millions of dollars in late December.
SAIC Mobility, a unit of top Chinese automaker SAIC Motor, in conjunction with autonomous driving startup Momenta, have begun offering autonomous robotaxi test rides to the public in a Shanghai district as part of a trial.
In-vehicle LiDAR system provider LiangDao Intelligence, and Innoviz Technologies, a well-known LiDAR provider, announced on Wednesday that they have formally established a strategic partnership.
According to recent reports, Chinese autonomous driving technology startup WeRide is considering an initial public offering, which may raise about $500 million. However, WeRide has denied the report.
Wang Gang, Vice President of Alibaba and head of the autonomous driving lab of DAMO Academy, recently left the job.