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 inUp and Comers
Baidu-backed robotruck startup DeepWay raises $67 million
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.
Posted inHeavy Hitters
Nio says vehicle not at fault in fatal ‘accident’ at Shanghai headquarters
The incident potentially delivers another blow to the company’s reputation following a high-profile accident involving a Nio car last year.
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
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
Huawei reportedly lowers EV sales goal over supply chain woes
Huawei’s rotating chairman said the company is now seeking support and understanding as it “is susceptible to making mistakes” as a newcomer.
Posted inHeavy Hitters
Huawei-powered Arcfox releases semi-autonomous driving features in Shenzhen
The introduction of Huawei’s automated driving software will test whether the company can provide a competitive edge for partnered EV makers.
Posted inHeavy Hitters
Nio unveils new sports sedan in attempt to broaden customer base
Nio on Saturday revealed its second fully electric premium sedan model ET5 to reach a larger customer base.
Posted inThe Numbers
Xpeng’s first-quarter net loss widens, expects slow second-quarter revenue
Xpeng is joining a long list of Chinese tech companies facing a challenging quarter with production cuts and profits squeezed.
