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Chinese Joint Venture Will Begin Mass-Producing an Autonomous Electric Car

Cars That Think

In October, a startup called Jidu Automotive , backed by Chinese AI giant Baidu and Chinese carmaker Geely , officially released an autonomous electric car, the Robo-01 Lunar Edition. Meanwhile, Mercedes-Benz is offering its Drive Pilot Level 3 autonomous driving system on S-Class and EQS sedans in Germany.

Chinese 104
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Asian EV Manufacturers You Should Know

Clean Fleet Report

Most people are aware of key players like Hyundai and Nissan, but there are so many other EV manufacturers that are taking over Asia—and possibly set to conquer the international market, including the U.S. It ended production of pure internal combustion engine cars last year. Asia’s EV market is growing rapidly.

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China realizes charging piles, complete vehicles and accessories to go overseas

Setec Powerr

Judging from the customs data for the first eight months of this year, the contribution rate of my country’s new energy vehicle exports to the growth of automobile exports reached 26.7%, becoming a new bright spot in the foreign trade of the automobile industry. Cross-border e-commerce shines in the European market.

China 52
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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

Green Car Congress

There was a $1-billion initial public offering by NIO, a $585-million Series C venture capital round by Guangzhou Xiaopeng Motors and a $294-million pre-IPO round by Zhejiang Dianka Automobile. The largest six VC/PE new equity deals of 2018 so far have all involved Chinese electric vehicle firms, including the two mentioned above during 3Q.

Clean 259
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Mercedes-Benz running automated test drive in Shanghai; infrastructure peculiarities

Green Car Congress

Mercedes-Benz started its “Intelligent World Drive” at the Frankfurt International Motor Show (IAA) in September to adapt more highly automated driving functions to national user and traffic practices. In addition, there are road signs with Chinese characters and lane markings, which in China have different or even multiple meanings.

Mercedes 186
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IHS forecasts 11% rise in China automotive semiconductor market in 2014 due to safety and navigation features

Green Car Congress

The fast-growing semiconductor market for China’s automotive industry is set for double-digit expansion in revenue this year, propelled by an increasing desire among Chinese car buyers for added vehicle safety features and helpful infotainment applications such as car navigation, according to a new report from IHS Technology (NYSE: IHS).

China 199
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China and Norway Lead the World’s EV Switchover

Cars That Think

However, according to the World Resources Institute , “EVs need to account for 75 percent to 95 percent of passenger vehicle sales by 2030 in order to meet international climate goals aimed at keeping global warming to 1.5 For more on what other countries’ plans are, check out the International Energy Agency’s Global EV Policy Explorer page.)

Norway 83