China’s leading search engine Baidu is rushing to lead the race in popularizing driver-assistance features on consumer cars.
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.
Baidu on Thursday unveiled a new robotaxi model, called Apollo Moon, with a manufacturing cost significantly lower than competitors.
Baidu in March became the first Chinese company permitted to offer robotaxi rides to paying customers by a local government.
Xiaomi is pouring billions of RMB into the auto sector and placing some big bets on multiple startups to build a complete auto supply chain.
We round up the most significant milestones in the three auto companies’ turbulent history this year and what’s next for them in 2022.
There could be more consequences to come as Nio is in advanced plans to enter the competitive mass auto market.
Didi is among the world’s top five highest-valued unicorns. Its listing could be one of the biggest IPO this year.
The recall raises questions about the carmaker’s future in the Chinese market. The company’s prestigious image has soured quickly in China.
Meituan announced Tuesday that it has received an additional $400 million from Tencent. Tencent increased its share of the local services giant from 17% to 17.2%. Meituan will use the proceeds for technological innovations such as unmanned vehicles and delivery drones. [iFeng, in Chinese]