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Alibaba’s Cainiao Network and RoboSense announce world’s first solid-state LiDAR unmanned logistics vehicle

HANGZHOU – Alibaba Group’s Cainiao Network and RoboSense, a Shenzhen-based LiDAR supplier, jointly released the G Plus, the world’s first solid-state LiDAR unmanned logistics vehicle, at the Network’s 2018 Global Smart Logistics Summit (GSLS) held here on May 31. The key feature of the newly announced G Plus driverless delivery

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Chinese autonomous driving tech startup Momenta receives $46 million series B financing

BEIJING – Chinese autonomous driving tech startup Momenta announced on July 25 that it has received $46 million in series B financing led by NIO Capital, as well as follow-up investments from Daimler, Shunwei, Sinovation Ventures and Unity Ventures. In November 2016, Momenta received $5 million in series A financing

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Intelligent vehicle and self-driving tech key component of China’s new AI development plan

BEIJING – China wants to become a global innovation center in artificial intelligence (AI) by 2030, and intelligent vehicles and autonomous driving technologies will be a key component of that ambition, according to a new guideline on AI development issued by the State Council on July 20. The New Generation

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Technology, cost, infrastructure, regulation and consumer acceptance hurdles to autonomous driving

BEIJING – Technology, cost, infrastructure, regulation and consumer acceptance are the five major hurdles to commercialization of autonomous driving, according to Wu Gansha, founder and CEO of UISEE Technology (Beijing) Ltd. Wu made the comments at a panel discussion on AI and Autonomous Driving at the 9th China Automobile Bluebook Forum

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China is ripe for the advent of self driving cars, what’s keeping them off the roads?

In China, about 81 percent of the surveyed consumers, roughly 500, were willing to try autonomous cars, an increase from 75 percent last year, according to a recent report released by Boston Consulting Group (BCG) and the World Economic Forum. Chinese consumers showed rising interest in self-driving cars despite concerns

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BAIC BJEV releases North America Technical Innovation Strategy

DETROIT – BAIC BJEV, the electric vehicle arm under BAIC Group and one of China’s leading EV manufacturers, announced at a recent event organized by the company that its North America technical innovation strategy will be centered on two overseas R&D centers in Silicon Valley and Detroit, which will respectively

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What’s the winning formula in the era of smart EVs?

On September 6 in Wolfsburg, Volkswagen AG signed an MOU with Jianghuai Automobile Co., Ltd. (JAC) for a potential partnership and a possible joint venture to make electric cars in China. “As we aim to be at the forefront of e-mobility, Volkswagen Group is looking forward to explore all options

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