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.
Xpeng Motors led a investment in Zvision Technologies, a Chinese startup that makes lidar sensors for self-driving cars.
The Inceptio production plan with Chinese auto majors is the latest sign of early-stage commercialization of self-driving trucks.
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.
L9 will be the second production model from Li Auto and the Chinese EV maker appears to be confident that it becoming a hit.
With a flood of new money supercharging the industry, third-tier EV makers are emerging as powerful forces.
Uisee is benefiting from investor interest in Chinese AV startups as the Covid-19 pandemic pushes unmanned transport applications.
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.
There could be more consequences to come as Nio is in advanced plans to enter the competitive mass auto market.
WeRide, the first testing fully driverless cars on Chinese open roads, is also promising a fully hands-free minibus.