
William Li of NIO: The Value of Intelligent Driving is Accident Reduction, Not Replacing Drivers
Li firmly dismissed the idea of NIO venturing into the unmanned taxi business.
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Li firmly dismissed the idea of NIO venturing into the unmanned taxi business.

Autonomous driving technology company Pony.ai announced a strategic joint venture on July 28 with SANY Heavy Truck, a subsidiary of Chinese heavy equipment manufacturer SANY Heavy Industry.

Chinese autonomous driving solutions provider JIMU Intelligent on Thursday announced the completion of a C1 round of financing totaling 200 million yuan ($31.26 million).

On Wednesday, at the 23rd Annual Meeting of the China Association for Science and Technology, Baidu and Pony.ai received the first batch of highway passenger car test notices.

AutoX released a new video on Monday showcasing how its fully driverless robotaxis handle the rush hour conditions of China’s “urban villages” in the autonomous driving challenge.

Tesla's Shanghai factory has started laying off employees related to battery assembly. This round of layoffs mainly affects employees in the first phase of battery assembly, with over 50% of them being laid off

On July 14th, Xiaomi increased the number of job positions from 24 to 25, all of which are in the field of autonomous driving. According to chinastarmarket.cn, Xiaomi will also soon announce a new talent recruitment plan.

Pony.ai demonstrated its latest self-developed autonomous driving technology at WAIC on Wednesday, and officially announced it's Robotaxi service in Shanghai, operating along the main roads of Jiading District.

Li Xiang, the CEO of Chinese electric vehicle maker Li Auto, released a letter to all employees on January 28, mentioning that the company expects to become the global leader in the artificial intelligence industry in 2030.

Autonomous driving startup Autowise.ai has announced its completion of a B2 round of financing totaling 200 million yuan ($29.8 million).

Wei Dong, Vice President and Chief Safety Operation Officer of Baidu's Intelligent Driving Business Group, said in a recent speech that in the era of autonomous driving, the death rate in traffic accidents will be reduced by 90%.

The cooperation between the two companies would likely involve a joint venture, funded and controlled by Volkswagen while Huawei provides technology and becomes a tier-one supplier of Volkswagen.