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Read MoreBaidu to build world’s largest fully driverless ride-hailing service area in 2023
Chinese internet giant Baidu announced plans on November 29 to build the world’s largest autonomous ride-hailing service area next year. The message came during a celebration of Apollo Day, the firm’s autonomous driving tech event. https://pandaily.com/baidu-to-build-worlds-largest-fully-driverless-ride-hailing-service-area-in-2023/...
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Read MoreAutonomous driving startup Hyperview secures round B financing
Hyperview, an autonomous driving startup in China, announced on November 28 that it had completed the B round of financing worth several hundred million yuan. The investment round was led by Goldstone Investment, followed by Bojiang Capital, CCB Capital, TEDA Venture Capital, Chunxin Hongtu Investment, Decent Investment, and Guolian Securities....
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Read MoreXiaomi-backed ZongMu Technology aims to raise 2 billion yuan via IPO in Shanghai
Beijing (Gasgoo)- China’s autonomous driving company ZongMu Technology saw its IPO application officially received by the Shanghai Stock Exchange (SSE) on November 23, according to SSE. https://autonews.gasgoo.com/icv/70021755.html
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Read MoreApollo cumulative contracts reached $1.6b, highlighting robust development of automated driving
Apollo Go continued to progress rapidly and remained the largest autonomous ride-hailing service provider worldwide, Chinese tech giant Baidu said on Tuesday, highlighting the robust development of China’s automated driving technology. https://www.globaltimes.cn/page/202211/1280403.shtml
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Read MoreBaidu’s six-generation driverless vehicle Apollo RT6 adopts LiDAR from ZVision
Beijing (Gasgoo)- Baidu’s six-generation mass-produced driverless vehicle, the Apollo RT6, will be powered by the new-generation blind spot detection LiDAR from Chinese supplier ZVision, the latter disclosed on November 23. https://autonews.gasgoo.com/icv/70021750.html
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Read MorePony.ai authorized for driverless road tests with unoccupied front row in Beijing
Beijing (Gasgoo)- On November 21, Beijing High-level Automated Driving Demonstration Area (BJHAD) issued the test permits for second-stage unmanned autonomous driving, and Pony.ai was among the first companies to receive such permit. https://autonews.gasgoo.com/icv/70021739.html
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Read MoreTesla reportedly places massive order of next-gen self-driving chips with TSMC
Tesla has reportedly placed a massive order of chips for its next-gen Full Self-Driving (FSD) computer with Taiwan’s TSMC. The order is so large that it might make Tesla one of TSMC’s biggest customers. https://electrek.co/2022/11/21/tesla-massive-order-next-gen-self-driving-chips-tsmc/
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Read MoreAutonomous delivery startup Nuro lays off 20% of workforce
Nuro, the autonomous vehicle delivery startup backed by SoftBank, Google and Tiger Global Management, is laying off about 300 people, or 20% of its workforce, in an effort to preserve cash amid a stormy economic outlook, according to an email sent to employees this morning....
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