State-owned investment firms Shanghai Guosheng Capital, Jinggangshan Investment and the investment arm of Ping An Insurance Group were the investors
Two US senators raised alarms about the high number of Tesla crashes. "We worry that some drivers today are using the technology as a convenience feature," they wrote
Nine self-designed and manufactured GeeSAT-1 satellites, were launched on Wednesday from the Xichang Satellite Launch Centre in southwestern Sichuan province
Gathering diverse driving data using a massive fleet of cars is critical to developing a robust "self-driving" car system, but it is costly and not scalable
The move follows six months of the company testing its robotaxi service with “trusted testers” in the California technology hub
German auto giant is negotiating a technology systems unit purchase with Chinese tech conglomerate as it bids to lead the way in the autonomous driving push
Momenta is among the few companies that hold a permit to gather high-definition maps in China, a key tool for autonomous driving tech. Toyota, Daimler and SAIC have also invested in the startup
(ATF) Autonomous-driving technology developed by Huawei has surpassed Tesla’s in some aspects – such as enabling cars to cruise...
(ATF) Geely Automobile and Volvo Cars will scale down their merger plans to a...