BYD partners with US autonomous driving startup Nuro to make electric robocars for goods delivery services.
The incident potentially delivers another blow to the company’s reputation following a high-profile accident involving a Nio car last year.
The launch marks a first milestone for the world’s largest maker of consumer drones in its push into the Chinese EV space.
Xpeng is joining a long list of Chinese tech companies facing a challenging quarter with production cuts and profits squeezed.
Huawei’s rotating chairman said the company is now seeking support and understanding as it “is susceptible to making mistakes” as a newcomer.
Jidu will use the proceeds on research and development as the company aims to unveil a concept car in April.
Xpeng Motors led a investment in Zvision Technologies, a Chinese startup that makes lidar sensors for self-driving cars.
Nio on Saturday revealed its second fully electric premium sedan model ET5 to reach a larger customer base.
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.
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.