TuSimple, a self-driving truck startup running daily routes for customers in Arizona, has raised $95 million in a Series D funding round led by Sina Corp. The company achieved unicorn status with a valuation now reaching $1 billion.
On March 24, China Mobile completed its first 5G-V2X remote test drive in Xiong’an New Area, successfully demonstrating remote control of unmanned vehicles from over 20 km (12.4 miles) away through a 5G network
Shanghai Automotive Group Co., Ltd. (SAIC) signed a 50.1:49.9 share joint venture contract with Austrian TTTech Computertechnik AG (TTTech) to accelerate development of an intelligent electronic control unit (iECU) and enhance core technical capabilities in smart driving.
2017 was a year of great changes in China’s retail industry. New retail methods, new industry definitions, new categories and new technologies emerged.