Autonomous Vehicles

The move comes just after the Internet of Vehicles provider Gosuncn formed a cooperation with Baidu’s rival WeRide.

Bytedance is a latecomer in the IoV sector filled with players including Alibaba, Tencent, and Baidu.

Motovis provides automakers with different levels of automation solutions.

Neolix develops autonomous transportation solutions for a variety of uses, from parcel delivery to mobile vending machines, and expects to break even in 2020.

Meet the firms forging a path to a driverless future.

AutoX has also established a partnership with Shanghai authorities in September 2019 to roll out 100 robotaxis by early 2020.

Tesla filed a lawsuit against its former employee last year for allegedly stealing trade secrets on behalf of Xpeng.

IoV refers to vehicles communicating in real time with drivers, pedestrians, other vehicles, roadside infrastructure, and fleet management systems.