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Latest news and trends about tech in China

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softbank robot delivery autonomous driving unmanned vehicles china AV self-driving neolix
Posted inThe Numbers

Softbank’s latest China bet is an autonomous delivery startup

by Jill Shen Aug 18, 2021Aug 18, 2021

Neolix, a startup developing AVs for delivery services, said on Wednesday it has raised ‘hundreds of millions of RMB’ from Softbank Ventures Asia.

self-driving cars autonomous vehicles robobus robotaxi qcraft waymo
Posted inThe Numbers

Self-driving startup Qcraft secures $100 million investment

by Jill Shen Aug 16, 2021Aug 16, 2021

The two-year-old company plans to expand its test fleet to more than 100 vehicles by year-end.

self-driving cars autonomous vehicles unmanned delivery china uisee
Posted inThe Numbers

Autonomous car startup Uisee raises $150 million from state-backed fund

by Jill Shen Jan 27, 2021Jan 27, 2021

Uisee is benefiting from investor interest in Chinese AV startups as the Covid-19 pandemic pushes unmanned transport applications.

autonomous driving vehicles self-driving cars pony.ai weride waymo china us
Posted inUp and Comers

Self-driving startup WeRide raised $200 million in Series B1

by Jill Shen Dec 24, 2020Dec 24, 2020

WeRide, the first testing fully driverless cars on Chinese open roads, is also promising a fully hands-free minibus.

Tesla He Xiaopeng, chairman and CEO of Xpeng Motors spoke at a press briefing during this year’s Guangzhou Auto Show on Friday, November 22, 2019. (Image credit: Xpeng Motors)
Posted inThe Numbers

Xpeng’s first-quarter net loss widens, expects slow second-quarter revenue

by Jill Shen May 24, 2022May 24, 2022

Xpeng is joining a long list of Chinese tech companies facing a challenging quarter with production cuts and profits squeezed.

didi ride hailing carpooling service
Posted inHeavy Hitters

Chinese ride-hailing giant Didi files for US IPO

by Jill Shen Jun 11, 2021Jun 11, 2021

Didi is among the world’s top five highest-valued unicorns. Its listing could be one of the biggest IPO this year.

AVs Baidu AV driverless cars
Posted inThe Numbers

AVs in mirror are farther than they appear

by Jill Shen Jun 10, 2020May 28, 2021

Three years ago funding for AVs was a free for all, but now late-stage startups are getting all the attention as the industry matures.

truck TuSimple autonomous driving
Posted inOn the Cusp

Briefing: Autonomous truck startup TuSimple achieves unicorn status

by Chris Udemans Feb 15, 2019Jun 8, 2020

The logistics industry could see drastic improvements in efficiency should companies adopt self-driving trucks.

Posted inThe Numbers

Drone maker Ehang sets terms for US IPO, seeking $46 million

by Wei Sheng Dec 6, 2019May 2, 2020

The IPO target is half the $100 million placeholder set in October.

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Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox.

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Latest stories

  • Tencent Music Entertainment Group revenue decreased 13.8% Aug 17, 2022
  • Battery maker Sunwoda reportedly raises $1.2 billion in funding Aug 17, 2022
  • Xpeng Motors plans new ultra-fast 800-volt charging network Aug 17, 2022
  • Tencent plans to sell $24 billion stake in Meituan: report Aug 17, 2022
  • SAIC, Alibaba-backed ride-hailer Xiangdao Chuxing secures $150 million in Series B Aug 16, 2022
  • Blizzard and NetEase’s Diablo Immortal hits $100 million in overseas revenue Aug 16, 2022

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