The launch marks a first milestone for the world’s largest maker of consumer drones in its push into the Chinese EV space.
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Posted inHeavy Hitters
BYD partners with Nuro to build driverless delivery vehicles
BYD partners with US autonomous driving startup Nuro to make electric robocars for goods delivery services.
Posted inOn the Cusp
Bosch to release automated driving software with China’s WeRide in late 2023
This is the latest example of German auto firms strengthening their in-car software offerings in the face of competition from Tesla and local peers like Huawei.
Posted inHeavy Hitters
Baidu’s EV project Jidu secures $400 million in Series A
Jidu will use the proceeds on research and development as the company aims to unveil a concept car in April.
Posted inOn the Cusp
Xpeng Motors invests in lidar company to bolster self-driving tech
Xpeng Motors led a investment in Zvision Technologies, a Chinese startup that makes lidar sensors for self-driving cars.
Posted inHeavy Hitters
Chinese automakers rush to fund domestic chip startups to tackle shortage
The investment in Horizon reflects Chinese automakers’ growing anxiety about the ongoing semiconductor shortage.
Posted inHeavy Hitters
Drive I/O | Shanghai automakers hit by lockdowns, China’s new push for driverless cars
Automakers in China is struggling to regain the momentum lost during a citywide lockdown in Shanghai that began in late March.
Posted inHeavy Hitters
Drive I/O | Chinese EV makers face price hikes as nickel prices soar, Didi to enter EV market
Nickel price surge could further increase the cost of electric vehicles and force automakers to cut earnings forecasts.
