MAXIEYE, an intelligent driving company, announced on August 8 that it has obtained a C1 round of joint strategic investment from Inno-Chip, Cedarlake Capital and Axera.
On August 4, WM Motor, a Shanghai-based new energy automobile company, announced the launch of its "Smart Parking" service.
Enjoy Move, an intelligent driving high-performance computing software platform, announced on July 28 its completion of B1-round financing totaling nearly 100 million ($14.8 million).
LinearX, a smart driving platform software company, announced on July 28 that it has completed a pre-A round of financing exceeding 100 million yuan ($14.82 million).
TuSimple, an autonomous driving truck company, has seen another high-level leadership change.
Dowson Tong, Senior Executive Vice President of Chinese tech giant Tencent, said at a smart travel product launch held on Friday that Tencent does not produce vehicles.
United States officials plan to ban American investment in Chinese artificial intelligence (AI) unicorn SenseTime Group Limited.
China on Thursday initiated a new pilot program related to the Internet of Vehicles, focusing on data security and identity authentication, aiming to advance the safety of the next generation technology.
Chinese electric vehicle (EV) startup Xpeng Motors has kicked off a week-long autonomous driving challenge that will span more than 3,600 kilometers across six Chinese provinces, putting its autonomous capabilities to the ultimate test.
China’s Zhejiang Geely Holding Group said it has teamed up with Tencent to develop smart vehicle technologies, the newest cross-industry partnership between traditional automakers and tech giants.
Chinese grocery e-commerce platform MissFresh announced Thursday a new $495-million funding round led by a fund under state-backed China International Capital Corporation.
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.
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.