QCraft has raised tens of millions of US dollars in a seed funding round from IDG Capital, Vision+ Capital and Tide Capital, the company said in a statement Friday.
On August 27 at the launching ceremony of GWM WEY VV6, tech giant Baidu and Chinese automaker Great Wall Motors (GWM) announced the intention to deepen research and development (R&D) in high-definition maps and autonomous cars on Baidu’s open platform Apollo.
Daimler AG became the first international automaker to receive a road test license for Level 4 highly automated driving on the roads of the Chinese capital of Beijing.
According to “Technology Roadmap of Energy-saving and New Energy Vehicles”, a publication by the Society of Automative Engineers of China, the market share of driver-assist/partially-autonomous vehicles will reach 50% by 2020.
