Smart Driving

Volkswagen will take a 60 percent stake in the joint venture, and its software subsidiary Cariad will develop autonomous driving solutions with Horizon Robotics.

The joint venture will reportedly focus on developing self-driving technology and wireless connectivity software for Volkswagen.

Nio's chip team is developing high-level self-driving chips and LiDAR chips, with self-driving chips likely to start being used in production vehicles as early as around 2024, according to local media.

Chery is planning at least five models with L2+ assisted driving capabilities based on its E0X platform, which will use Horizon Robotics' Journey 3 chip as the computing cornerstone.

Zeekr will also feature Mobileye SuperVision on two new models and work with Mobileye to develop new LiDAR-based features.

DRIVE Thor offers 2,000 TOPS of performance, eight times that of DRIVE Orin, and targets automakers' 2025 models.

The trial run of City NGP may help improve the extremely bearish investor sentiment about Xpeng stock.

Startup Haomo's self-driving technology has earned two Chinese models five-star safety ratings from Euro NCAP.

Cambricon's first self-driving chip has been taped out and is expected to be in mass production later this year, according to local media.

The US should immediately stop its wrongdoing and treat companies from all countries, including Chinese companies, fairly, China's Ministry of Commerce said.