Zhidaohulian（智道网联）, a Chinese intelligent vehicle service provider, raised 120 million dollars in its Series A round led by Tencent on Feb.1.
On Nov. 21, XPENG Motors, the electric vehicle startup announced that it has signed a strategic partnership agreement with NVIDIA, the world’s leader in AI computing, and NVIDIA’s Chinese partner Desay SV to jointly develop Level 3 autonomous driving technology tailored to the driving environment in China.
He Xiaopeng, XPeng Motors Chairman and CEO, was the only representative of the emerging automobile manufacturing force to be invited to deliver a keynote speech at the main forum of the World Intelligent Connected Vehicles Conference (WICV) on Oct. 18.
Beijing Chehejia Technology Ltd., a Chinese electric vehicle (EV) startup, unveiled its new electric SUV LI One yesterday, making it a strong contender to Tesla’s Model X.
Tesla’s arm in China, Tesla (Shanghai) Co. Ltd has increased its registered capital to a total of 4.67 billion RMB (about $680 million) on Sept. 7, according to the information shown by Shanghai Industry and Commerce Administration authority.
Tencent Holding Ltd. and BMW Group inked a strategic Memorandum of Understanding (MoU) on Sept. 5 to deepen cooperation in the field of smart mobility. The aim is to promote the development of network intelligence in the automotive industry.