Jidu will use the proceeds on research and development as the company aims to unveil a concept car in April.
Jidu plans to launch the standard version next April, which CEO told TechNode could be “very competitive” on price.
TechNode China had a chance to test drive an EV, co-developed by Huawei and automaker Seres. Here are our takeaways.
Nio on Saturday revealed its second fully electric premium sedan model ET5 to reach a larger customer base.
TechNode talked to Da Fang, co-founder and chief scientist of QCraft on the developments of Chinese autonomous vehicles.
Xpeng is joining a long list of Chinese tech companies facing a challenging quarter with production cuts and profits squeezed.
The partnership is the latest example of driverless tech firms rushing to work with more consumer-facing companies.
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.
Chinese AV players are shifting their attention to more practical applications amid growing uncertainties surrounding the future of robotaxis.
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.