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Posted inNews Feed

Meituan receives $400 million from Tencent to boost autonomous delivery

by TechNode Feed Jul 15, 2021Feb 18, 2022

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]

self-driving autonomous driving pony.ai toyota
Posted inOn the Cusp

China’s Pony.ai nabs $400 million in new funding from Toyota

by Jill Shen Feb 26, 2020Mar 17, 2020

Toyota’s investment in four-year-old Pony.ai is the single largest investment in a Chinese AV company, and comes amid a funding downturn in Asia.

Nio accident
Posted inHeavy Hitters

Nio says vehicle not at fault in fatal ‘accident’ at Shanghai headquarters

by Jill Shen Jun 24, 2022Jun 24, 2022

The incident potentially delivers another blow to the company’s reputation following a high-profile accident involving a Nio car last year.

electric vehicle new energy vehicle mobility gm wuling dji drone adas self-driving autonomous driving
Posted inHeavy Hitters

Chinese drone maker DJI will soon see its in-car system in a mass-produced EV

by Jill Shen Jun 10, 2022Jun 10, 2022

The launch marks a first milestone for the world’s largest maker of consumer drones in its push into the Chinese EV space.

Tesla He Xiaopeng, chairman and CEO of Xpeng Motors spoke at a press briefing during this year’s Guangzhou Auto Show on Friday, November 22, 2019. (Image credit: Xpeng Motors)
Posted inThe Numbers

Xpeng’s first-quarter net loss widens, expects slow second-quarter revenue

by Jill Shen May 24, 2022May 24, 2022

Xpeng is joining a long list of Chinese tech companies facing a challenging quarter with production cuts and profits squeezed.

mobility self-driving autonomous vehicles robotaxi t3 qcraft didi meituan bytedance
Posted inOn the Cusp

Qcraft partners with T3 to expand self-driving robotaxi service

by Jill Shen May 19, 2022May 19, 2022

The partnership is the latest example of driverless tech firms rushing to work with more consumer-facing companies.

new energy vehicles autonomous driving electric cars huawei changan avatr tesla xpeng nio china ev baic arcfox
Posted inHeavy Hitters

Huawei reportedly lowers EV sales goal over supply chain woes

by Jill Shen Apr 28, 2022Apr 28, 2022

Huawei’s rotating chairman said the company is now seeking support and understanding as it “is susceptible to making mistakes” as a newcomer.

new energy vehicles autonomous driving electric cars huawei tesla baidu xpeng nio china ev arcfox baic
Posted inHeavy Hitters

INSIGHTS | We tested Huawei’s operating system on a new Chinese electric vehicle  

by Evan Huang and Jill Shen Mar 7, 2022Mar 7, 2022

TechNode China had a chance to test drive an EV, co-developed by Huawei and automaker Seres. Here are our takeaways. 

Posted inUp and Comers

Lidar startup Innoviz partners with Chinese truck maker on port loaders

by Jill Shen Feb 13, 2020Mar 17, 2020

Softbank-backed Innoviz is working with Shaanxi Heavy Duty Automobile to deploy a solid-state Lidar sensor in autonomous trucks on one of China’s biggest ports.

Baidu Geely EV AV Apollo electric car
Posted inHeavy Hitters

Baidu’s EV project Jidu secures $400 million in Series A

by Jill Shen Jan 26, 2022Jan 26, 2022

Jidu will use the proceeds on research and development as the company aims to unveil a concept car in April.

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