DeepWay brands itself as China’s first electric vehicle startup that designs autonomous trucks from scratch for freight delivery, rather than something based on an existing truck model with minor changes.
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Self-driving startup AutoX wins backing from Dongfeng, eyes China market
The financing comes shortly after AutoX moved its headquarters from Silicon Valley to Hong Kong, and opened a China R&D center in Shenzhen this year.
Baidu invests further in WM Motor to raise stakes in smart mobility
The Chinese search engine giant seeks to increase its self-driving advantages in the country’s EV consumption boom.