Autonomous Vehicles

Chinese conglomerate Erdos Group led the investment, financing KargoBot’s transformation into an independent entity to strengthen its alignment with the long-haul logistics sector.

The Chinese electric vehicle manufacturer aims to deploy its advanced driver assistance system throughout mainland China by the end of 2024, with European market introduction to follow.

Deep Robotics took center stage at GITEX Global 2023 with the introduction of its X30 quadruped robot, poised to fulfill diverse industrial needs with its robust capabilities.

Investors from the Middle East are doubling down on Chinese companies, especially those focused on autonomous driving solutions and new energy vehicles.

Some argue that Nio is treading a financial tightrope to chase its long-term vision. But the company’s CEO, William Li, remains resolute about its future prospects.

Machines are using Nvidia chips and GPS to navigate country’s small farms.

Both companies have reason to bet big and double down on China’s autonomous driving market.

Apollo Go has become the first autonomous ride provider for airport transfers in China.