Nio on Saturday revealed its second fully electric premium sedan model ET5 to reach a larger customer base.
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Posted inHeavy Hitters
Robotruck startup Inceptio raises $270 million, JD Logistics and Meituan lead round
It’s unusual for two tech majors, JD and Meituan, to join the same round in robotrucks, signaling that they see Inceptio as a key player.
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
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.
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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.
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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.
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WeRide and GAC partner to scale autonomous ride-hailing service
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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Chinese EV makers may face a price war in 2022: UBS
There might be greater supply than demand in the Chinese EV market this year, UBS analyst Paul Gong said.
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China grants Baidu first robotaxi permit for paying riders
Baidu could eventually charge people to ride in its robotaxis—a milestone for the costly, years-long quest of self-driving cars.
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.
