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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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.
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.
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.