Showing 12 of 382 posts with this tag
In last weeks VC news: Bain Capital bets on Newlink, XAG raises funds for R&D, Momenta bags $500 million, while Fova Energy secures new funds from Shunwei Capital.
The California Department of Motor Vehicles (DMV) released a 2021 annual report on Wednesday, summarizing feedback reported during local testing of autonomous driving technology.
German premium automaker Daimler AG and China's internet giant Baidu Inc. partner up to deepen their strategic ties in the areas of autonomous driving and vehic...
Among the new models, the GAC Aion LX will be launched in 2022, equipped with L2++ NDA (Navigated Driving Assistance) based on Huawei MDC 610.
Ordinary citizens in Shanghai will soon be able to book rides in L4 level autonomous taxis through various companies' online platforms.
NASN Automotive Electronics (NASN), a manufacturer of chassis electronic control components, completed a C round of financing worth 500 million yuan ($78.47 million).
In response to the recent news regarding "Baidu wholly owns JiDU, while Geely withdraws" on Thursday, Baidu said it was a normal adjustment based on the business development of the company.
Tencent showcased its vehicle-cloud integration technology and advances in smart driving maps, cockpit interaction solutions and more on the Tencent Intelligent Mobility Ecosystem Day on April 17.
Baidu announced on Monday that Beijing authorities had issued a new batch of driverless licenses to the company after authorizing the company to provide driverless ride-hailing services to the public on open roads in the city starting in April.
Today, 36Kr reported that Huawei plans to form a joint venture with Volkswagen Group to develop its autonomous driving technology. However, this rumor has been denied by Huawei.
Pony.ai, an autonomous driving company, has issued an internal letter stating that Qingtian Truck is suspected of infringing trade secrets. Pony.ai is therefore suing Qingtian Truck, and its principal leaders are going to court.
Autonomous driving startup TuSimple is looking to sell its business in China and focus on the U.S. market, after the startup reached an agreement with the U.S. government to restrict the China unit's access to data.