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.
WeRide, the first testing fully driverless cars on Chinese open roads, is also promising a fully hands-free minibus.
There could be more consequences to come as Nio is in advanced plans to enter the competitive mass auto market.