China Tech Digest: Geely Will Mass Produce Its First Smart Cockpit Chip; CIMC Builds World’s Largest Robotic Parking Lot


Geely will mass produce its first smart cockpit chip

Geely Automobile recently announced that its first self-developed 7nm car-level system-on-chip (SoC) will be mass-produced next year; in 2023, it will unveil its first 7nm autonomous driving chip; in 2025, it will launch 5nm autonomous driving chip, fully grasp L5-level automatic driving technology, and realize commercialization of L4-level automatic driving system. In addition, Geely will complete the networking of IoT communication satellites and navigation-enhanced low-orbit constellations in 2026 to achieve "No-Blind-Zone" communications and centimeter-level positioning coverage.

CIMC builds the world’s largest robotic parking lot

China International Marine Containers (Group) Ltd. (CIMC) has launched the automatic parking lot project at Hong Kong Port of the Hong Kong-Zhuhai-Macao Bridge. The project was jointly won by CIMC Intelligent Parking, a subsidiary of CIMC IOT, BaoHua Construction and Development Limited, and Jardine Engineering Corporation. CIMC undertakes the first phase of Park&Fly automated parking lot, which will provide 1,550 parking spaces. After the project is completed, it will become the world’s largest robotic parking lot.

China makes a breakthrough in protein synthesis from carbon monoxide

The Feed Research Institute of the Chinese Academy of Agricultural Sciences announced that China has made a major breakthrough in the field of one-carbon biosynthesis: the world’s first realization of protein synthesis from carbon monoxide, and reaching a 10,000-ton industrial capacity. This move destroys the time and space constraints of natural protein plant synthesis, and makes up for the biggest shortcoming in China’s agriculture-over-reliance on foreign feed protein. Besides, it is of great significance to promote China’s "Dual Carbon" strategic goal.

Xiaomi cooperates with Airlink’s subsidiary to produce mobile phones in Pakistan

Xiaomi has cooperated with Airlink’s subsidiary to produce mobile phones in Pakistan, and the output will reach 3 million units.

Sequoia Capital China invests hundreds of millions of dollars in Envision Group

Sequoia Capital China has invested hundreds of millions of dollars in greentech company Envision Group. As Envision’s first institutional investor, Sequoia has established a strategic partnership with Envision Group in the zero-carbon field early. In March this year, Sequoia and Envision jointly established a RMB10 billion Carbon Neutral Technology Fund to cultivate leading technology companies in global carbon neutral field. In September, the Envision-Sequoia Carbon Neutrality Fund officially settled in Wuxi National High-tech District, speeding up the construction of a zero-carbon new industrial system.

(China Money Network’s articles are curated and translated from credible Chinese media organizations with established brands, experienced editorial teams, and trustworthy journalism practices. However, we are not responsible for the accuracy of the information. For any questions, please reach out to our editorial department.)

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