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Byton to work with Aurora on L4/L5 autonomous driving systems

SANTA CLARA, California – Chinese smart EV startup Byton and Aurora, a leading self-driving technology company founded by Chris Urmson, former head of Google’s self-driving car project, has reached an agreement that will help Byton incorporate Level 4 (L4) autonomous-driving capabilities into Byton’s vehicles and enable Byton to become among

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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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China’s heavy-duty truck market in 2016: key highlights (III)

China’s heavy-duty truck market is winding down to be a year of surprising growth, with sales expected to rise more than 30 percent to over 700,000 units (actual sales reported by China Association of Automobile Manufacturers were 733,000 units, up 33 percent). What were some of the key highlights? Commercial

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CES 2017: the race to redefine personal mobility continues

The first Consumer Electronics Show (CES) was about personal computers. Fast forward to CES 2017, the largest tech expo show on earth has turned into the Connected Electronics Show. It showed us what the next growth driver is: connected and autonomous cars. In 2017, CES once again heralded great change

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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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Autonomous driving closer to reality, but many obstacles remai

How close are we to achieving autonomous driving? Apparently really, really close, as evidenced from the inaugural International CES Asia held early last week in Shanghai. Car brands such as Mercedes-Benz, Audi, Ford, Cadillac and Volkswagen all presented some form of autonomous driving or related smart and connectivity technologies at

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