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Toshiba’s Visconti 4 image recognition processor selected by leading Chinese manufacturer for ADAS

Green Car Congress

Toshiba Electronic Devices & Storage Corporation announced that Zhejiang Asia-Pacific Mechanical & Electronic Co. APG), one of China’s leading manufacturers of vehicle braking systems, will deploy the Visconti 4 image-recognition processor in its next-generation advanced driver assistance system (ADAS). billion.

Chinese 221
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TTTech Auto expands in China with MotionWise software platform for automated driving

Green Car Congress

The new TTTech Auto branch in Shanghai will bring its expertise and the series proven safe vehicle software platform, MotionWise , to car manufacturers, Tier 1 suppliers and partners to the rapidly developing Chinese automotive market. Asia is one of the most important growth regions.

China 368
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Innoviz solid-state lidar selected by Shaanxi Heavy Duty Automobile Co. for autonomous truck project at Chinese port

Green Car Congress

Innoviz Technologies, a leading provider of high-performance, solid-state lidar sensors and perception software, announced cooperation with Shaanxi Heavy Duty Automobile Co. better known as Shacman Trucks outside China, is one of the largest truck manufacturers in China. Shaanxi Heavy Duty Automobile Co. Detection Range: 20cm to 600m.

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BYD to convert former Ford plant into EV facility

Teslarati

The ex-fossil fuel car manufacturing factory will be BYD’s first EV production plant outside Asia. Brazil’s President Luis Inácio Lula da Silva announced BYD’s new EV factory outside Asia via Elon Musk’s X platform. The Chinese automaker plans to invest 608 million in its EV production plant in Brazil.

BYD 136
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Daimler takes 12% stake in Chinese parter BAIC Motor; first non-Chinese automotive company to acquire an interest in a Chinese OEM

Green Car Congress

This marks the first investment by a non-Chinese automotive company in a Chinese OEM. The official closing of the transaction followed a short time after the signing of the investment agreement between the two companies in Stuttgart earlier this year and a smooth approval by the relevant Chinese authorities.

Chinese 259
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TTTech Auto gains US$285M investment from Aptiv and Audi

Green Car Congress

TTTech Auto, a Vienna-based technology leader in automotive safety software, raised US$285 million (€250 million) from Aptiv PLC and Audi in its latest funding round. TTTech Auto's shareholder base also includes Samsung Electronics, Infineon Technologies and the founder-led TTTech Group.

Audi 186
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BioAmber and CJ CheilJedang plan JV for bio-succinic acid production in Asia

Green Car Congress

Under the terms of the agreement, BioAmber and CJCJ plan to establish a joint venture in China to produce up to 36,000 metric tons of bio-succinic acid annually and commercialize the output in Asia. CJCJ is a global leader in the area of industrial biotechnology, with innovations in fermentation and purification technologies.

Asia 150