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.
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Posted inHeavy Hitters
Huawei debuts electric vehicle brand Avatr in tie-up with Changan, CATL
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.
Posted inHeavy Hitters
Geely’s new electric Homtruck could threaten Tesla’s Semi truck
Geely unveiled a model electric semi-truck that will have highly autonomous driving functions in 2024, posing a threat to Tesla.
Posted inHeavy Hitters
Xpeng plans to launch a pilot robotaxi program in the second half of 2022
The program is part of the company’s latest efforts to offer full-scenario autonomous driving capabilities by the middle of 2023.
Posted inHeavy Hitters
Baidu’s highway assisted driving system now available on WM Motor vehicles
China’s leading search engine Baidu is rushing to lead the race in popularizing driver-assistance features on consumer cars.
Posted inUp and Comers
Li Auto shares dip on first trading day in Hong Kong
Li Auto is the latest US-listed Chinese tech firm seeking a dual listing in Hong Kong. Its Hong Kong debut met with a lukewarm response.
Posted inHeavy Hitters
Baidu introduces new robotaxi, slashing manufacturing costs
Baidu on Thursday unveiled a new robotaxi model, called Apollo Moon, with a manufacturing cost significantly lower than competitors.
Posted inHeavy Hitters
Chinese ride-hailing giant Didi files for US IPO
Didi is among the world’s top five highest-valued unicorns. Its listing could be one of the biggest IPO this year.
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 | Chinese EV makers downsize while battery makers expand production
Xpeng, Li Auto, and Nio are downsizing as rising costs of raw materials and supply chain disruptions cut into profit margins.
