Posts filtered by tags: Baidu[x]


Foxconn, Geely team up to build electric, autonomous and shared vehicles for automakers

The electric, autonomous vehicles of the future might be manufactured by Apple’s main supplier Foxconn and Chinese automaker Zhejiang Geely Holding Group. The two companies have agreed to form a joint venture focused on contract manufacturing for automakers, with a specific focus on electrification, connectivity and autonomous driving technology as well as vehicles designed for sharing. Each party will hold an equal 50% stake in new joint venture. The board of directors will consist of five memb...
Tags: Apple, TC, Transportation, China, Tech, Tesla, Automotive, Electric Vehicles, Baidu, Young, Foxconn, Geely, SPAC, Liu, Foxconn Technology Group, Information and Communication Technology ICT

China’s search giant Baidu to set up an EV making venture

China’s search giant Baidu is extending its car ambitions from mere software to production. The company said Monday that it will set up a company to produce electric vehicles with the help of Chinese automaker Geely. Baidu, a dominant player in China’s internet search market for the last decade or so, will provide smart driving technologies while Geely, which has an impending merger with Sweden’s Volvo, will be in charge of car design and manufacturing. The move marks the latest company in Ch...
Tags: Auto, TC, Asia, Sweden, China, Tech, Tesla, Automotive, Alibaba, Baidu, Volvo, Geely, Didi, SAIC Motor, NIO, BYD

Tesla’s China rival Xpeng to use lidar sensors from DJI affiliate Livox

The battle is heating up between Tesla and its Chinese challenger Xpeng as the latter makes clearer its stance on the future of autonomous driving. Over the weekend, Xpeng, which counts Xiaomi and Alibaba among its investors, announced that it will be using lidar sensors from Livox, a startup with closes ties to the Chinese drone giant DJI. The choice of remote sensing technology lidar and a Chinese supplier reflects the complexities of the U.S.-China tech war. Tesla has accused Xpeng of inte...
Tags: Startups, TC, Transportation, Asia, Elon Musk, China, Tesla, Artificial Intelligence, Automotive, Dji, Alibaba, Xiaomi, Baidu, Huawei, Lidar, Daimler

Horizon Robotics, a Chinese rival to Nvidia, seeks to raise over $700M

In their rush to offer alternatives to advanced western chipsets, Chinese semiconductor companies are racking up large fundings from investors. Horizon Robotics, a five-year-old unicorn specializing in AI chips for robots and autonomous vehicles, announced Tuesday that it has secured $150 million in funding. The proceeds are the first close of an over $700 million Series C round that Horizon is seeking to raise. The partial funding is jointly led by prominent investors 5Y Capital (formerly Mo...
Tags: China, Tech, Intel, Artificial Intelligence, Automotive, Nvidia, Horizon, Baidu, Chips, Huawei, Intel Capital, Autonomous Driving, SK Group, KTB, CITIC Securities, Horizon Robotics

China’s electric carmaker WM Motor pulls in $1.47 billion Series D

Chinese electric vehicle startup WM Motor just pocketed an outsize investment to fuel growth in a competitive landscape increasingly coveted by foreign rival Tesla. The five-year-old company raised 10 billion yuan ($1.47 billion) in a Series D round, it announced on Tuesday, which will pay for research and development, branding, marketing and expansion of sales channel. WM Motor, backed by Baidu and Tencent, is one of the highest funded EV startups in China alongside NIO, Xpeng and Li Auto, a...
Tags: Fundings & Exits, Electric Vehicle, Asia, New York, China, Funding, Tech, Tesla, Bloomberg, Automotive, Shanghai, Tencent, Nvidia, Baidu, Gigafactory, Ev

Velodyne becomes latest tech company to go public using a SPAC, eschewing the traditional IPO path

Velodyne Lidar, the leading supplier of a sensor widely considered critical to the commercial deployment of autonomous vehicles, said Thursday it has struck a deal to merge with special-purpose acquisition company Graf Industrial Corp., with a market value of $1.8 billion. The company said it was able to raise $150 million in private investment in public equity, or PIPE, from new institutional investors as well as existing shareholders of Graf Industrial. Through the transaction, Velodyne will h...
Tags: Google, Transportation, Tech, Automotive, Ford, Autonomous Vehicles, Baidu, Nasdaq, Lidar, Hall, Kfc, Nyse, David Hall, SPAC, Nikon Corp, Vella

Daimler-backed Momenta says its robotaxis will be fully driverless and profitable in 2024

In China and the U.S., there’s much debate about when and how humans will achieve fully autonomous robotaxis at scale — cars that chauffeur passengers under complex road conditions without safety drivers behind the wheel. Many pieces are needed to make this happen: mammoth amounts of test data, advanced algorithms, strong operational teams, big checks from investors, local policy support, to name a handful. Until that day arrives, the bold claims from players in the field seem mostly out of reac...
Tags: TC, Transportation, Asia, Elon Musk, Microsoft, China, Softbank, Tech, Tesla, Artificial Intelligence, Beijing, Automotive, Shanghai, Toyota, Autonomous Vehicles, Baidu

The Station: Amazon eyes Zoox, Aurora goes back to school and Cabana hits the road

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hi and welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B. I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch. The mobility world got busy this week. Really. busy. This is gonna be a long one, buckle up. Take a look at the most r...
Tags: Google, Amazon, TC, Transportation, Electric Vehicle, Facebook, Europe, Elon Musk, Youtube, China, Germany, Boston, India, Africa, Tech, Tesla

SoftBank led $500M investment in Didi in China’s biggest autonomous driving round

The race to automate vehicles on China’s roads is heating up. Didi, the Uber of China, announced this week an outsized investment of over $500 million in its freshly minted autonomous driving subsidiary. Leading the round — the single largest fundraising round in China’s autonomous driving sector — is its existing investor Softbank, the Japanese telecom giant and startup benefactor that has also backed Uber. The proceeds came through Softbank’s second Vision Fund, which was reportedly lagging...
Tags: TC, Transportation, Uber, Asia, California, China, Softbank, Tech, Beijing, Automotive, Automation, Shanghai, Alibaba, Transport, Baidu, Robotics

SoftBank pours $500M into Didi in China’s biggest autonomous driving round

The race to automate vehicles on China’s roads is heating up. Didi, the Uber of China, announced this week an outsized investment of over $500 million in its freshly minted autonomous driving subsidiary. Placing the bet — the single largest fundraising round in China’s autonomous driving sector — is its existing investor Softbank, the Japanese telecom giant and startup benefactor that has also backed Uber. The proceeds came through Softbank’s second Vision Fund, which was reportedly lagging i...
Tags: TC, Transportation, Uber, Asia, California, China, Softbank, Tech, Beijing, Automotive, Automation, Shanghai, Alibaba, Transport, Baidu, Robotics

Lyft ramps up self-driving program

A year ago, Lyft submitted a report to the California Department of Motor Vehicles that summed up its 2018 autonomous vehicle testing activity in a single, short paragraph. “Lyft Inc. did not operate any vehicles in autonomous mode on California public roads during the reporting period,” the letter read. “As such, Lyft Inc. has no autonomous mode disengagements to report.” The 2019 data tells a different story. Lyft had 19 autonomous vehicles testing on public roads in California in 2019, acc...
Tags: TC, Transportation, Lyft, Technology, London, California, Tech, AV, Palo Alto, Munich, Automotive, United States, Automation, DMV, Las Vegas, Self-driving Cars

California’s self-driving car reports are public. Here’s what they don’t mean.

The California Department of Motor Vehicles released its annual cache of autonomous vehicle testing and disengagements data that, depending how one chooses to interpret the data, shows either stunning progress or stagnation. The data, which every company testing autonomous vehicles on public roads in California must submit, tells a winding and sometimes contradictory tale of growth, consolidation and priorities. The total number of autonomous miles driven in 2019 rose 40%, to more than 2.87 mill...
Tags: TC, Transportation, California, Tech, Automotive, DMV, Self-driving Cars, Baidu, Chris Urmson, Aurora, California Department of Motor Vehicles, Waymo, Zoox

Alibaba will let you find restaurants and order food with voice in a car

Competition in the Chinese internet has for years been about who controls your mobile apps. These days, giants are increasingly turning to offline scenarios, including what’s going on behind the dashboard in your car. On Tuesday, Alibaba announced at the annual Shanghai Auto Show that it’s developing apps for connected cars that will let drivers find restaurants, queue up and make reservations at restaurants, order food and eventually complete a plethora of other tasks using voice, motion or tou...
Tags: Apple, Android, Startups, Transportation, Asia, China, Beijing, Automotive, Shanghai, Alibaba, Tencent, Alipay, Alibaba Group, Baidu, Operating System, Operating Systems

Backer of, Grindr and Opera to invest $50M in self-driving startup

A games publisher in China is following the path of its larger peer Tencent to back a wide spectrum of startups for financial gains. Beijing Kunlun Wanwei, or Kunlun, announced in a filing this week that it plans to inject $50 million into autonomous driving startup in exchange for a 3 percent stake. confirmed the investment with TechCrunch in an email response, adding that the money contributes to its pre-B round of financing. The startup last pocketed $102 million that value...
Tags: Asia, China, Funding, Tech, Artificial Intelligence, Beijing, Automotive, United States, Shanghai, Tencent, Autonomous Vehicles, Baidu, Leader, Grindr, Web Browser, NetEase

Yandex inks deal with Hyundai to build self-driving car tech for its Mobis OEM division

On the heels of becoming the latest investor in Ola, today Hyundai announced another key deal to further its ambitions in next-generation automotive services. Yandex, the Russian search giant that has been working on self-driving car technology, has inked a partnership with Hyundai to develop software and hardware for autonomous car systems. This is Yandex’s first partnership with a carmaker, and specifically, Yandex will be working with Hyundai Mobis, the car giant’s OEM parts and service di...
Tags: Google, TC, Transportation, China, Russia, India, Tech, Artificial Intelligence, Automotive, Toyota, Estonia, Las Vegas, Autonomous Cars, Baidu, Hyundai, Kia

Baidu announces Apollo Enterprise, its new platform for mass-produced autonomous vehicles

Baidu made several big announcements about Apollo, its open-source autonomous vehicle technology platform, today at CES. The first is the launch of Apollo Enterprise for vehicles that will be put into mass production. The company claims that Apollo is already used by 130 partners around the world. One of its newest partners, Chinese electric vehicle startup WM Motors, plans to deploy level 3 autonomous vehicles by 2021. Apollo Enterprise’s main product lines will include solutions for high...
Tags: TC, Enterprise, China, Tech, Walmart, Automotive, United States, Autonomous Vehicles, Baidu, Apollo, San Francisco Bay Area, Changsha, China Baidu, WM Motors, Apollo Enterprise, Hunan province The robo

Walmart taps startup Udelv to test autonomous grocery deliveries in Arizona

More autonomous vehicles are poised to descend on Arizona. This time, Walmart has signed a deal with startup Udelv to test the use of autonomous vans to deliver online grocery orders to customers. Under the agreement, Udelv will provide its second-generation autonomous delivery van, called the Newton, to Walmart to deliver groceries in Surprise, Arizona. The trial is set to begin in February, Udelv announced Tuesday at CES 2019. The Newton, which is being shown at CES, is based on  Baidu’s la...
Tags: Transportation, Texas, Technology, Cars, San Francisco, Tech, Walmart, Automotive, Arizona, Las Vegas, Self-driving Cars, Baidu, Robotics, Newton, Emerging-technologies, Chandler

DeepMap, a maker of HD maps for self-driving, raised at least $60M at a $450M valuation

As car and tech companies continue to make inroads on vehicles and services to build autonomous driving systems, a startup that is creating high-definition maps to help these vehicles move around has quietly picked up a significant round of funding. DeepMap — a Palo Alto startup co-founded by James Wu and Mark Wheeler, who previously helped build maps and more at Google, Apple and Baidu — has raised a significant round of growth funding at a valuation of at least $475 million to expand its techn...
Tags: TC, Transportation, Europe, Maps, Enterprise, Funding, US, Tech, Palo Alto, Artificial Intelligence, Automotive, Ford, Nvidia, Andreessen Horowitz, Baidu, Volvo

China’s Didi Chuxing is poised to expand into hotel bookings

China’s largest ride-hailing app Didi Chuxing is entering the hotel-booking business as it strives to recover from two highly publicized murders of female passengers by drivers on its platform. That’s according to Chinese business magazine Caijing and tech news site 36kr (links in Chinese). R-Lab, the unit in charge of Didi’s new venture, is aptly named to signify the company’s effort to “rebuild” its boundaries beyond on-demand car services. The lab has also been responsible for hatching Did...
Tags: TC, Transportation, Asia, China, India, Tech, Automotive, Transport, Tencent, Food Delivery, Baidu, Carsharing, Ctrip, Meituan Dianping, Times of India, Didi

SoftBank and Toyota team up to develop services powered by self-driving vehicles

SoftBank is getting into self-driving car services after the Japanese tech giant announced a joint-venture with Toyota in its native Japan. SoftBank is invested in Uber and a range of other ride-hailing startups like Didi in China and Grab in Southeast Asia, but this initiative with Toyota is not related to those deals. Instead, it is designed to combine SoftBank’s focus on internet-of-things technology and Toyota’s connected vehicle services platform to enable new types of services that r...
Tags: Amazon, Food, TC, Uber, Asia, Japan, China, Southeast Asia, Softbank, Tech, Artificial Intelligence, Automotive, Transport, Pizza Hut, Toyota, Baidu

Daimler deepens ties with China’s Baidu on automated driving

Daimler, the owner of the Mercedes-Benz brand, and China’s Baidu are expanding their partnership with plans to cooperate more closely on automated driving and connectivity services in the German automaker’s vehicles. The two companies have signed an agreement to collaborate in these two areas, specifically with Baidu’s Apollo program, an open-source autonomous driving platform. Both companies said they will also work to explore new fields in vehicle connectivity services. What this deeper ...
Tags: Startups, Transportation, China, Beijing, Automotive, Baidu, Daimler, Mercedes Benz, China Baidu, China Daimler, Jaguar Land Rover Valeo Byton Leopard Imaging, Apollo Committee, Suning Logistics Daimler

Daimler can now test self-driving cars on public roads in Beijing

Daimler has been granted a license to test self-driving vehicles on public roads in Beijing, making it the first international automaker to receive such permission. The owner of the Mercedes-Benz brand was given the test permit by the Chinese government after extensive closed-course testing, the company said in a statement, adding that it marks a milestone in its research and development efforts in China. Daimler, which also has licenses in Germany and the U.S., said it will now begin road te...
Tags: TC, Transportation, Asia, China, Germany, Tech, Beijing, Automotive, Self-driving Cars, Baidu, Daimler, Mercedes Benz, U S, Hebei, SAE International, Jaguar Land Rover Valeo Byton Leopard Imaging

Baidu’s self-driving buses will hit Japan’s streets next year

While the likes of Tesla, Uber, and Waymo grab most of the headlines in Western media when it comes to autonomous vehicle tech, Baidu is worth tracking too. The Chinese tech giant just saw its 100th self-driving bus roll off the production line this week, and it’s set to roll them out in China and Japan soon. The 14-seater Apolong mini-bus features Level 4 autonomy, which means it can operate without a human driver behind the wheel in specific conditions and within geo-fenced areas. They’ll soon...
Tags: Startups, Japan, China, Cars, Baidu, Tesla Uber, Waymo

Baidu and Softbank’s SB Drive are bringing an autonomous bus service to Japan

Chinese search engine giant Baidu have partnered with Softbank subsidiary SB Drive and manufacturer King Long to deploy a self-driving mini bus service to Japan early next year. The agreement was announced at Create Baidu, the company’s annual AI developer conference in Beijing.  Under the agreement, a version of Baidu’s Apolong autonomous mini bus will be exported to Japan from China in early 2019. This agreement, which for now includes an order of 10 buses, marks the first time autonomous v...
Tags: Japan, China, Softbank, Tech, Beijing, Automotive, Baidu, Xiamen, SAE International, Fujian province Baidu, Beijing Shenzhen Pingtan, China Apolong, King Long

Intel and Baidu team up to make autonomous driving even smarter, safer

Baidu will use cameras and software from Intel subsidiary Mobileye in its self-driving car programs. The Chinese tech giant will also adopt Mobileye's safety model for autonomous-car decision making. The post Intel and Baidu team up to make autonomous driving even smarter, safer appeared first on Digital Trends.
Tags: Business, News, Cars, Trends, Intel, Self-driving Cars, Baidu, Mobileye

Baidu just made its 100th autonomous bus ahead of commercial launch in China

Baidu is preparing to launch a driverless service in China — and elsewhere — with another update to its Apollo autonomous driving platform and the mass production of Apolong, an autonomous mini bus that seats up to 14 people. Baidu made the announcements at Baidu Create 2018, the company’s annual AI developer conference. Baidu has started volume production of the autonomous mini buses in partnership with Chinese manufacturer King Long. The buses are being produced at King Long’s manufacturing...
Tags: Travel, Japan, China, Softbank, Automotive, Baidu, Wuhan, Xiamen, China Baidu, SoftBank Group, Robin Li, SAE International, Fujian province Baidu, Beijing Baidu, Beijing Shenzhen Pingtan, Apolong

Baidu and Ford China team up to bring AI and connectivity to the driving experience

China’s Baidu continues to make inroads in the automotive space after it inked an agreement with Ford China that will see the two companies work together to make the driving experience smarter in China. The two companies have collaborated before, most notably by jointly investing $150 million into LiDAR sensors startup Velodyne, and this China initiative will bring help technologies like connectivity, artificial intelligence and digital marketing into the car. That will include a new in-vehic...
Tags: Asia, China, Tech, Automotive, Ford, Baidu, Ford China, Duer, Transportation Mobility Cloud TMC

The well-funded startups driven to own the autonomous vehicle stack

A t some point in the future, while riding along in a car, a kid may ask their parent about a distant time in the past when people used steering wheels and pedals to control an automobile. Of course, the full realization of the “auto” part of the word — in the form of fully autonomous automobiles — is a long way off, but there are nonetheless companies trying to build that future today. However, changing the face of transportation is a costly business, one that typically requires corporate b...
Tags: Apple, Google, Startups, TC, Transportation, Uber, Column, Technology, Tech, General-motors, Tesla, Automotive, Ford, Jaguar, Automotive Industry, Autonomous Vehicles

China’s Chery will use Nvidia-powered ZF ProAI for Level 3 autonomous cars

 Chinese automaker Chery will be building cars with Level 3 autonomous features powered by supplier ZF’s ProAI platform, which itself uses Nvidia GPUs for its driving intelligence. The partnership was announced at the North American International Auto Show today in Detroit, and follows announcements from CES where Nvidia announced further collaboration with ZF and with Baidu. Baidu is also… Read More
Tags: TC, Transportation, China, Tech, Automotive, Computing, Nvidia, Baidu, Detroit, North American International Auto Show, Chery, ZF, Baidu Baidu

One year old raises $112 million Series A to build autonomous car future

 No that’s not a typo. Yes, that is larger than the median IPO fundraise last year. But few problems are as daunting as trying to build a fully autonomous car, particularly without the large resources of technology giants like Google, Uber, or Baidu behind you. So for, which was founded a little more than a year ago in late 2016 by James Peng and Tiancheng Lou, the company decided… Read More
Tags: Google, Fundings & Exits, TC, Tech, Automotive, Autonomous Vehicles, Baidu,, James Peng, Tiancheng Lou

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