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Mobility

SoftBank Vision Fund Leads $500M Round In Chinese Ride-Sharing Gaint Didi’s Autonomous Driving Unit

Chinese ride-sharing gaint Didi Chuxing announced today that Didi Woya, its autonomous driving technology subsidiary, has completed the first round…

Sequoia, CICC Capital Pour $265M Into BYD Semiconductor

Chinese new energy vehicle giant BYD announced yesterday that its wholly-owned subsidiary BYD Semiconductor has introduced strategic investors through capital…

HOPU-Arm Innovation Fund Invests In Chinese Autonomous Driving Technology Firm Idriverplus

Idriverplus, a Chinese autonomous driving solution provider, has raised tens of millions of US dollars in a series C1 round…

ClearVue Partners Leads $30M Series C+ Round In Self-service Car Wash Firm 1KM

ClearVue Partners has led a US$30 million series C+ funding round in 1KM, a Shanghai-based self-service car wash solution provider.…

Chinese Autonomous Driving Startup Motovis Completes $14M Series A+ Round

Chinese autonomous driving technology firm Motovis today announced the completion of RMB100 million (US$14.1 million) series A+ round of financing…

GLP-Backed Autonomous Trucking Startup Inceptio Secures $100M Round

Inceptio Technology, a Chinese autonomous driving truck start-up, has raised US$100 million financing with undisclosed investors, according to a company…

Taiwanese Lithium-Ceramic Battery Maker ProLogium Technology Raises $100M In Series D Round

ProLogium Technology, a Taiwanese solid-state lithium ceramic battery developer, announced today that it has raised nearly US$100 million in Series…

Sequoia Invests In Chinese Used Auto Parts Trading Platform Youdi

Youdi, a Chinese second-hand auto parts trading platform, recently announced that it has received tens of millions of RMB in…

Cathay Capital Leads Round In Coal Mine Driverless Transportation Startup ViPioneers

ViPioneers, a driverless transportation system startup focused on the coal mine and mining sector in China, has announced the completion…

Chinese Self-Driving Startup AutoX Scores Pre-B Round

AutoX, a self-driving start-up, announced that it had completed a Pre-B round of financing worth tens of millions of U.S.…

China’s First 5G High Speed Rail Line To Be Rolled Out

China's first 5G high-speed rail line to cover the Spring Festival travel season, according to CCTV. The Guangzhou–Shenzhen–Hong Kong Express…

Chinese LiDAR Maker Hesai Technology Secures $173M Round

Hesai technology, a leading Chinese lidar manufacturer, has announced the completion of a series C financing round co-led by the…

New Energy Logistics Vehicle Rental Firm DST Raises New Funding

Chinese new energy logistics vehicle rental firm DST has completed a C1 financing worth tens of millions of U.S. dollars.…

Chinese PPT Car Making Ancestor Youxia Motors To Be Acquired By Local Government

After the factory started construction one and a half years before, Youxia Motors, regarded as the ancestor of the so-called…

China’s Horizon Robotics Joins Hands With Freetech For ADAS Development And Smart Driving

Chinese advanced driver assistance systems (ADAS) suppliers are facing a breakout. (more…)

Chinese Hillhouse Capital Joins Financing Round In African Uber Of Trucks Start-Up Lori Systems

Lori Systems, an African "Uber of trucks", announces that it has raised around US$20 million via two financing rounds. The…

Sequoia Leads $80M Series C1 Funding In Automotive Aftermarket Firm CassTime

CassTime, an automotive supply chain company, announces on Thursday that it has secured US$80 million in a series C1 funding…

Chinese Shunwei Capital Joins $55M In India’s Bike-Hailing Unicorn Rapido

Indian bike-hailing start-up Rapido has raised US$55 million in a series B funding round from Chinese venture capital fund Shunwei…

Huawei Unveils Ambitious Plans To Maker LiDAR And Smart Car Solutions, Will Impact Baidu, Chip Makers, Horizon Robotics

Chinese telecommunications giant Huawei unveiled ambitious plans to supply a comprehensive range of products and services to the smart and…

Fosun RZ Capital Leads $50M Series Pre-A Round In Chinese Self-driving Start-up

DeepRoute, a Shenzhen-based L4 full stack self-driving solution provider, has raised US$50 million in a series pre-A round of financing…

Legend Capital Leads $28M Round In Chinese Auto Parts Supplier Mancando

Chinese automotive parts supplier Mancando has raised RMB200 million ($28.19 million) in series A+ round of financing led by the…

Chinese Self-Driving Truck Start-Up TuSimple Completes $215M Series D Round

TuSimple, an autonomous driving truck developer and solutions provider, has secured US$120 million in an extended series D round which…

Chinese Self-Driving Firm AutoX Raises $100M In Series A Round

AutoX, a Hong Kong-based autonomous driving start-up, announced on Monday that it has raised US$100 million in a series A…

Chinese EV Start-Up Byton To Close $500M In Series C Round Against Headwinds

Chinese all-electric vehicle brand Byton is raising a series C round of financing at US$500 million from Chinese state-owned automotive…

Geely Sets Up JV With German Air Taxis Start-Up After Leading Its $55M Series C1 Round

Chinese automotive company Zhejiang Geely Holding Group has led the first closing of a series C round of financing worth…

Embattled Electric Carmaker Faraday Future Hails New CEO From BMW’s i8 Team

Faraday Future (FF), an embattled electric car start-up based in California, announced on late Tuesday the appointment of Carsten Breitfeld…

Chinese Cloud-Based Auto Parts Platform AutocloudPro Raises Series C+ Round

AutocloudPro, a Chinese cloud-based platform specialized in the sales and distribution of auto parts, has raised tens of millions of…

Geely Files $293M Lawsuit Against Chinese EV Start-Up WM Motor

Chinese automotive company Geely has sued four companies affiliated with WM Motor, a Shanghai-based electric vehicle maker backed by Baidu,…

Didi Debuts Pilot Program For Robo-Taxi Hailing Services In Shanghai

Didi Chuxing, the largest ride-hailing platform in China, has debuted its pilot robo-taxi services that allow passengers to hail self-driving…

Chezhubang Nets $62M Aspiring To Be ‘Alibaba’ In China’s Digital Energy Field

Chezhubang, a start-up that provides digital energy services in China, announced on Thursday the completion of a series B+ funding…

Chinese Autonomous Driving Unicorn Pony.ai Teams Up With Toyota

Chinese autonomous driving unicorn Pony.ai announced on Monday that it has teamed up with Japanese multinational automotive manufacturer Toyota on…

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