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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.
L4 autonomous driving company WeRide announced Wednesday the completion of its Series B1 funding with a strategic investment of $200 million from Yutong Group.
Founded in 2015, Horizon Robotics has already made a name for itself as a leading provider of energy-efficient computing solutions for consumer vehicles in China.