Chinese electric vehicle firm NIO and internet giant Tencent signed a strategic cooperation agreement in Shenzhen on November 28. Under the deal, the two sides will carry out in-depth cooperation in the fields of autonomous driving cloud technology, intelligent driving maps and digital ecology.
Chinese internet giant Baidu announced plans on November 29 to build the world's largest autonomous ride-hailing service area next year. The message came during a celebration of Apollo Day, the firm's autonomous driving tech event.
Hyperview, an autonomous driving startup in China, announced on November 28 that it had completed the B round of financing worth several hundred million yuan.
SemiDrive, a Nanjing-based chip firm, announced on November 28 that it has completed round-B+ financing totaling nearly 1 billion yuan ($139 million).
Geely's electric vehicle brand Zeekr announced on November 17 that its M-Vision concept car will be mass-produced in 2024. Meanwhile, a driverless car jointly developed by Zeekr and Waymo, an autonomous driving company, also officially appeared in Los Angeles.
HoloMatic, an autonomous driving technology company in China, announced on November 11 that it had completed a C2 round of financing, led by GAC Capital and followed by Zhidu Investment and Chaos Investment.
Huawei Connect 2022 is being held in Shenzhen from November 7 to 9. At the conference, an official from the Tianjin Port demonstrated the practical achievements of Huawei's smart port technology application and ecological construction.
Zhong Yilin, vice president of BYD's automotive engineering research institute, said that the sales volume and penetration rate of intelligent vehicles on L2 and above in China increased rapidly, which was 24.5 times higher than that in 2017.
Pony.ai, an autonomous driving company co-located in the Silicon Valley, Beijing, and Guangzhou, is undergoing business adjustments.
Reports surfaced on November 2 claiming that Xiaomi's vehicle manufacturing project has been called to a stop. The Chinese consumer tech giant later stated that its automotive business is progressing smoothly and that it does not address rumors.
TuSimple, an automated driving technology company, announced on October 31 that it has terminated Hou Xiaodi, the CEO, President and CTO of the company, and that it has removed him as Chairman of the Board.
JIDU, an intelligent electric vehicle company backed by Chinese tech giant Baidu and automotive leader Geely, officially released its first-ever robocar, ROBO-01 Lunar Edition. Priced at 399,800 yuan ($55,253), it is a co-branded model in cooperation with the China’s Lunar Exploration Project.
As the target valuation of Mobileye, an autonomous driving subsidiary of Intel, continues to be lowered, the field of autonomous driving chips in China is active. Many local car companies such as Great Wall Motor and BYD are accelerating their investments in the chip industry.
During the XPeng Tech Day held on October 24, the Chinese electric vehicle maker revealed its development schedule for intelligent assisted driving and the recent progress of its flying cars and robots.
Jerry Su, the former head of Huawei's intelligent driving business, will join the joint venture between German motor vehicle manufacturer Volkswagen and Horizon Robotics, a Chinese provider of computing solutions for smart vehicles.
As autonomous driving becomes more popular and easy to use, first-tier cities in China such as Beijing, Shanghai, Guangzhou and Shenzhen are striving to secure leading companies to settle in with supporting policies.
The dispute between Tesla Shanghai and a former employee over the infringement of trade secrets will be held in Yangpu District People's Court of Shanghai on December 14. This case is the first case involving the infringement of Tesla China's trade secrets in the country.
German motor vehicle manufacturer Volkswagen Group announced on October 13 a new partnership between its software company CARIAD and Horizon Robotics, a leading provider of computing solutions for smart vehicles in China.
At the end of August this year, Chinese consumer electronics giant Lenovo stated that it would not seek to build its own cars. However, on October 11, LCFC, a subsidiary of Lenovo, released an autonomous driving domain controller called the EA-R600.
Autonomous driving startup Pony.ai announced on October 12 that it has reached a comprehensive strategic cooperation agreement with lidar firm RoboSense. The two sides will carry out in-depth collaboration in the fields of autonomous driving and intelligent transportation.