Chinese self-driving car startup Deeproute announced Tuesday that it had raised more than $300 million in a Series B led by Alibaba.
Baidu received the country’s first permit for commercial robotaxi services, a major milestone for Chinese self-driving car industry.
The idea of building an on-demand ride-hailing service for the skies is gradually getting off the ground in China.
Nio on Saturday revealed its second fully electric premium sedan model ET5 to reach a larger customer base.
It’s unusual for two tech majors, JD and Meituan, to join the same round in robotrucks, signaling that they see Inceptio as a key player.
The companies expect the new models to take a significant share in the Chinese premium EV segment and fulfill their ambitions to establish a “world-class high-end” Chinese car brand.
Geely unveiled a model electric semi-truck that will have highly autonomous driving functions in 2024, posing a threat to Tesla.
The program is part of the company’s latest efforts to offer full-scenario autonomous driving capabilities by the middle of 2023.
WeRide’s expanded partnership with automaker GAC is the latest example of the startup branching out to work with more companies as it develops self-driving vehicles and related services.
Baidu could eventually charge people to ride in its robotaxis—a milestone for the costly, years-long quest of self-driving cars.