Self-driving

In 2017, Momenta received a $46 million Series B investment led by Nio Capital, the venture capital arm of Nio.

WeRide Sensor Suite 4.0 is one-sixth the size of version 3.0 and only 20 percent the weight.

The test area covers 20 square kilometers, with more than 100 kilometers of city roads.

This is the first accident in the driverless industry in which the owner of the unmanned vehicle took full responsibility.

DeepWay is targeting June 2023 for mass production of the Xingtu.

DeepRoute.ai said it closed a $300 million Series B funding round led by Alibaba, making it the first such company in China that the e-commerce giant has invested in.

Baidu's self-driving business unit Apollo launched its robotaxi service in Shanghai on September 12, expanding the service's coverage to five cities in China.

WeRide announced Thursday its entry into the self-driving freight sector with the launch of WeRide Robovan, which the company calls China's first L4 self-driving van.

This is the first local equity financing in China's ride-hailing industry in 2021, and is an ice-breaker after the crackdown on Didi Chuxing.

The program proposes that the goal is for self-driving bus routes to have a safety accident rate that is less than 90 percent of that of traditional buses.