Pony.ai, a Chinese autonomous driving company, Toyota Motor (China) Investment Co., Ltd. (TMCI), and GAC Toyota Motor Co., Ltd. (GTMC) held a joint venture signing ceremony today. They announced a partnership aimed at advancing the mass production and large-scale deployment of fully driverless robotaxis, with an estimated investment exceeding RMB 1 billion ($139.2 million). Collaborative […]
Baidu, a Chinese artificial intelligence company, has secured licensing for the commercial operation of its fully autonomous ride-hailing service in Shenzhen, making it the fourth city in China to host such a service, after Wuhan, Chongqing, and Beijing. The license allows Baidu’s Apollo Go robotaxis to operate driverless, without a safety operator in the car, […]
SmartSens Technology has wrapped up its acquisition and merger with Shenzhen-based Allchip Microelectronics, a provider of CMOS image sensors for automotive applications. Financial terms of the transaction were not disclosed. Allchip Microelectronics is engaged in the design and development of CIS video sensing technologies. Its products, which include a series of SOC image sensors, are […]