NewsChina’s ‘Tesla killer’ becomes first to use latest Nvidia AI chipXpeng Motors launches EV with Xavier brain that controls self-driving. 4 mins read
Bounce raised USD 105 million in its Series D funding round led by existing investors, American venture capital firm Accel and B Capital. NewsMobility startup Bounce lays off 130 employees2 mins read
Startup eyes data-sharing tie-ups to scrap ‘safety drivers’ by 2024. NewsTencent-backed Momenta begins robotaxi trials this fall2 mins read
The new JV, called Wibot, hopes to bring autonomous street-cleaning vehicles to the US and Europe. NewsCHINA BRIEF | Autowise.ai teams up with Boschung to bring autonomous street sweepers to Europe, US1 min read
Byton, which promised a vehicle with a 48-inch video screen spanning the whole dashboard, is unlikely to launch its debut model anytime soon. NewsEV maker Byton suspends operations in China, files for bankruptcy in North America and Europe2 mins read
Investors will inject in total USD 990 million into Nio China in five installments. NewsCHINA BRIEF | Nio China secures USD 680 million cash injection1 min read
The cash-craving EV startup rebounded strongly from the pandemic’s impact, setting a monthly record for electric vehicles sold in May. Visual StoriesKEY STAT | Tencent makes new bid for Chinese EV maker Nio2 mins read
The company claimed it has seen a V-shape recovery after the lockdown. NewsMicro-mobility startup Yulu raises USD 4 million from US-based Rocketship2 mins read
China and India markets stalled by government policy U-turns. InsightsAsia’s electric car sales drift into the slow lane7 mins read
