While Chinese companies won’t be the first to deliver road-ready lidar systems, they could be the first to do it at a practical price.
The Chinese capital has authorized delivery robots to begin operating commercially on city streets for the first time.
The move is a direct response to consistent concerns among existing carmakers about the potential threat of Huawei entering the industry and manufacturing its own cars.
A management reshuffle signals commitment as Huawei tries to break into the fast-growing autonomous and electric vehicle sector.
Big auto and big tech announced EVs at Auto Shanghai 2021, putting pressure on young EV upstarts.
Li Auto booked its first quarterly net profit in Q4 but investors are worried about underinvestment in products and self-driving technology.
SAIC is among a list of state-backed automotive majors shifting towards startup chipmaker Horizon Robotics as a domestic substitute for global suppliers.