Industry News
Self-driving firm Fabu Technology closes new $15 million round of funding
The funding will be used to land vehicle-road-cloud integrated product solutions in port transportation and urban feeder scenarios.
WM Motor boasts its modified car can accelerate from 0 to 100 km/h in 1.8 seconds
The WM Weltmeister can accelerate from 0 to 100 kilometers per hour in 1.8 seconds, which surpasses the Tesla Roadster, Bugatti Chiron, and Porsche 918 Spyder Hybrid.
OPPO discloses patent related to vehicle lights control
Although it has not yet been announced that it will enter the field of car making, OPPO is disclosing more and more patents related to vehicles.
Geely aims for 3.65 million sales by 2025, with EVs accounting for over 30%
Geely wants to be No. 1 in China in terms of market share by 2025. Zeekr aims to reach 650,000 units sold by then and have a top-three global share of the premium EV market.
Chinese robo-van maker Neolix gets investment from SoftBank
Neolix announced on August 18 the completion of hundreds of millions of RMB Series B funding round led by CICC Capital and SoftBank Ventures Asia.
Auto chip shortage fears return as Malaysia's Covid-19 outbreak worsens
The tight supply of automotive chips, which had eased in recent months, seems to have returned.
Wuling claims over 3,000 orders for KiWi EV in first week of pre-sale
The KiWi EV, which has been available for pre-sale since August 11, is offered in two versions, a base version priced at RMB 69,800 ($10,766) and a premium version priced at RMB 78,800.
Baidu launches unmanned vehicle travel service platform
Baidu on Wednesday unveiled its new unmanned vehicle travel service platform, Luobo Kuaipao (萝卜快跑, literally, run fast, carrot).
Baidu unveils Apollo robot car without steering wheel
Baidu unveiled its Apollo car robot without a steering wheel and pedals but equipped with a large, curved screen on August 18.
China's July auto exports hit another record high, with NEVs contributing 31.5%
China exported 140,000 passenger cars in July, up 16.8 percent from the previous month and 2.1 times higher year-over-year.