Baidu on Thursday unveiled a new robotaxi model, called Apollo Moon, with a manufacturing cost significantly lower than competitors.
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Drive I/O | Shanghai automakers hit by lockdowns, China’s new push for driverless cars
Automakers in China is struggling to regain the momentum lost during a citywide lockdown in Shanghai that began in late March.
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Drive I/O | Chinese EV makers face price hikes as nickel prices soar, Didi to enter EV market
Nickel price surge could further increase the cost of electric vehicles and force automakers to cut earnings forecasts.
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.
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Tesla issues largest ever recall in China
The recall raises questions about the carmaker’s future in the Chinese market. The company’s prestigious image has soured quickly in China.
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Xiaomi acquires self-driving tech startup Deepmotion
Autonomous driving technologies are the most crucial part of intelligent and electric vehicles, president Wang said.
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Drive I/O | Huawei pushes further in EV, rules eased for foreign owners
Huawei burrowed further into the auto industry with the launch of the first vehicle with its homegrown operating system.
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Huawei puts consumer CEO in charge of autos in management reshuffle
A management reshuffle signals commitment as Huawei tries to break into the fast-growing autonomous and electric vehicle sector.
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SAIC taps Chinese chip startup for self-driving cars
SAIC is among a list of state-backed automotive majors shifting towards startup chipmaker Horizon Robotics as a domestic substitute for global suppliers.
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Huawei won’t be making cars after all: company
The move is a direct response to consistent concerns among existing carmakers about the potential threat of Huawei entering the industry and manufacturing its own cars.
