Lotus Technology, a luxury electric-vehicle (EV) maker, plans to put its semi-autonomous driving system into operation across 60 mainland Chinese cities this year. The company, a division of British sports …
Wufa is an investment group funded by the local government of Chengdu, capital of Southwest China’s Sichuan province. The Series B1 fundraising comes after Haomo netted more than 1 billion …
The letter goes on to say that 30 new models will be launched by the company over the next three years. Xpeng confirmed the contents of the letter. An Xpeng …
Li Auto, mainland China’s nearest rival to Tesla, is giving huge bonuses to its employees after the electric-car maker’s deliveries in 2023 exceeded the target in a highly competitive market. …
“The month-on-month fall in deliveries appears to be bigger than what dealers had expected,” said Zhao Zhen, a sales director with Shanghai-based dealer Wan Zhuo Auto. “Consumers are more cautious …
Autonomous truck company TuSimple Holdings will continue to pivot to the Asia-Pacific (APAC) region for better commercial opportunities and in line with its plan to delist from the Nasdaq exchange, …
A few years ago, robotaxis were the darlings of venture capitalists in China. A cadre of audacious startups, including Deeproute.ai, WeRide.ai, Pony.ai and Momenta reeled in hundreds of millions of …
Nissan Motor said on Sunday it would sell China-developed electric vehicles (EVs) globally as it struck a deal with the country’s top university to leverage local resources to accelerate research …
After years of aggressive expansion at home, China’s autonomous vehicle upstarts are now setting their gaze on overseas markets. WeRide, in particular, has been on a licensing spree. On Monday, …
China AI champion SenseTime mulls separate fundraising for auto and healthcare units, people say SenseTime Group is exploring carving out its autonomous driving and healthcare units for separate fundraising, people …