Self-driving

Pony.ai will set up a joint venture in Saudi Arabia and establish a manufacturing and R&D center, according to local media.

KargoBot has become an independently operated company and received an investment of over RMB 450 million, according to local media.

Haomo unveiled three ADAS kits priced as low as $410 and not relying on high-definition maps to capitalize on the opportunity presented by smart driving features that will cover the vast majority of new cars over the next two years.

DeepRoute expects to set up a European operations center in Germany next year and will release an overseas version of its Driver 3.0 ADAS solution.

WeRide's last funding round was in May, when it was valued at $3.3 billion post-investment in a Series C round.

GM China team and startup Momenta have worked together to create a self-driving solution for the Chinese market.

Toyota, Pony.ai plan to invest a total of more than RMB 1 billion to set up a joint venture within the year, which will launch robotaxi cars built on Toyota's pure electric vehicles.

Black Sesame is the world's third largest supplier of automotive SoCs with high computing power by 2022 shipments.

Just 19 months old, Qingtian Truck is nearing a shutdown and employees have been dismissed, according to local media.

Valeo and Didi Autonomous Driving will set up a joint R&D team to work on safety systems for L4 robotaxis.