China Auto Daily丨IM Motors: Preparing for L3 Autonomous Driving by 2026

Shenzhen establishes its Intelligent Connected Transportation Association, while key industry players, including IM Motors and Changan Automobile, announce updates on autonomous driving technologies and financial performances. Smart #5, equipped with advanced AI chips, hits the market.

cls · 2024-10-29

China Auto Daily丨BYD Makes Strides in Self-Driving Tech

China's passenger car inventory saw a lift in September. Didi Auto received nearly $300 million in funding, BYD integrated its autonomous driving teams, and XPeng completed a manned test flight of its "Land Aircraft Carrier."

cls · 2024-10-23

China Auto Daily丨Hong Kong Invests HKD 750 Million in Electric Vehicle Development

Early October saw a 20% surge in passenger car sales. Hong Kong commits HKD 750 million to EV development, while China advances in autonomous driving and lithium-ion battery production.

cls · 2024-10-17

NIO China Secures 3.3 Billion Yuan from Key Investors

NIO China has secured a strategic investment of 3.3 billion yuan from three key investors supported by the Hefei government, aiding its business expansion.

thepaper · 2024-09-30

Geely and Tasco to Establish Car Plant in Vietnam

Geely Auto, in partnership with Tasco, announced plans for a new car assembly plant in Vietnam. The plant will have an annual capacity of 75,000 vehicles.

thepaper · 2024-09-25

WeRide Files for NASDAQ IPO Targeting $5 Billion Valuation

WeRide, a leading Chinese autonomous driving company, files for a $440 million NASDAQ IPO and plans to launch its new generation Robotaxi globally on October 15th.

d1ev · 2024-08-13