Jidu will use the proceeds on research and development as the company aims to unveil a concept car in April.
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Baidu’s EV firm Jidu aims to take on Tesla
Jidu plans to launch the standard version next April, which CEO told TechNode could be “very competitive” on price.
INSIGHTS | We tested Huawei’s operating system on a new Chinese electric vehicle
TechNode China had a chance to test drive an EV, co-developed by Huawei and automaker Seres. Here are our takeaways.
Nio unveils new sports sedan in attempt to broaden customer base
Nio on Saturday revealed its second fully electric premium sedan model ET5 to reach a larger customer base.
Drive I/O | Meet the Chinese self-driving car startup with Google roots
TechNode talked to Da Fang, co-founder and chief scientist of QCraft on the developments of Chinese autonomous vehicles.
Xpeng’s first-quarter net loss widens, expects slow second-quarter revenue
Xpeng is joining a long list of Chinese tech companies facing a challenging quarter with production cuts and profits squeezed.
Qcraft partners with T3 to expand self-driving robotaxi service
The partnership is the latest example of driverless tech firms rushing to work with more consumer-facing companies.
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.
Emerge 2021 | Chinese self-driving companies are looking beyond robotaxis
Chinese AV players are shifting their attention to more practical applications amid growing uncertainties surrounding the future of robotaxis.
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.