Self-driving truck tech firm Plus raises $220m

File photo of self-driving truck from Plus. [Photo/plus.ai/cn] Plus, a leading provider of self-driving truck technology, announced on Wednesday that it has raised another $220 million in its latest fundraising round co-led by FountainVest Partners and ClearVue Partners. The investment is an extension of the $200 million round announced last month, which was led by… Continue reading Self-driving truck tech firm Plus raises $220m

Pony.ai to offer robotaxi service in Beijing

Pony.ai’s fleet of autonomous driving vehicles in Beijing. [Photo provided to chinadaily.com.cn] Pony.ai is to expand its robotaxi service into more Chinese cities including Beijing, as the autonomous driving startup continues to increase the scope of its operations. The autonomous driving company now has robotaxi fleets in Guangzhou, Guangdong province, and California in the United… Continue reading Pony.ai to offer robotaxi service in Beijing

Future of Ford, Zotye partnership in doubt

United States-based carmaker Ford and China’s Zotye are evaluating the possibility of their cooperation as the two have made little progress in almost two years since a deal on producing electric cars was signed in late 2017, according to two people close to the matter. They cited the dramatic changes in China’s automotive market and… Continue reading Future of Ford, Zotye partnership in doubt

CATL invests $2b in European battery plant

Copyright 1995 – . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested… Continue reading CATL invests $2b in European battery plant

China car sales fall in May

Copyright 1995 – . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested… Continue reading China car sales fall in May

China to cut retail fuel prices

Copyright 1995 – . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested… Continue reading China to cut retail fuel prices

Subsidies for charging stations increased

Copyright 1995 – . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested… Continue reading Subsidies for charging stations increased

BMW to recall 319,045 vehicles in China

Copyright 1995 – . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested… Continue reading BMW to recall 319,045 vehicles in China

Vehicle sales in China continue to drop, NEV sales rise

Copyright 1995 – . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested… Continue reading Vehicle sales in China continue to drop, NEV sales rise

Toyota to recall 3,643 cars in China for safety concern over run-flat tires

Copyright 1995 – . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested… Continue reading Toyota to recall 3,643 cars in China for safety concern over run-flat tires