The financing comes shortly after AutoX moved its headquarters from Silicon Valley to Hong Kong, and opened a China R&D center in Shenzhen this year.
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Briefing: Self-driving startup Roadstar.ai fires co-founder for corruption
He reportedly hid code and accepted kickbacks from a classmate during the self-driving company’s $128 million Series A last May.
Briefing: Idriverplus receives autonomous vehicle road test permit for Beijing
The Beijing government started granting temporary self-driving permits to mobility companies in March 2018.
Briefing: AI startup Horizon Robotics to raise $600 million in Series B funding
The company is focused on developing AI chips for self-driving vehicles and surveillance cameras, among others.
Baidu invests further in WM Motor to raise stakes in smart mobility
The Chinese search engine giant seeks to increase its self-driving advantages in the country’s EV consumption boom.
XAG, Bayer team up for new drone-based crop-spraying tech
Distancing farmers from pesticides can lower their risk of poisoning.
China’s Digilog reaches final round in agritech hackathon
AI is providing useful solutions in agriculture to save time and resources through automation.
XAG drone coverage of Xinjiang cotton crop rising swiftly
DJI is XAG’s primary competitor in the industrial drone industry.
Chinese passenger drone maker Ehang files for US IPO
It is the latest in a series of prominent startups listing abroad, unimpressed by the new STAR market.