GAC Group

WeRide received strategic investment from Bosch to jointly develop the auto grade and mass production of advanced driving solution in China

Retrieved on: 
Wednesday, May 25, 2022

The two parties have signed a strategic cooperation agreement and will jointly develop autonomous driving (AD) software.

Key Points: 
  • The two parties have signed a strategic cooperation agreement and will jointly develop autonomous driving (AD) software.
  • This cooperation will accelerate the process of developing Bosch Chinas advanced driving solution, moving SAE Level 2-3 AD towards mass production.
  • Together with WeRide, Bosch is set to make every intelligent driving powered by Bosch Chinas advanced driving solution safer and more trustworthy.
  • WeRide has formed strategic partnerships with top-tier global OEMs and Tier 1 including Renault-Nissan-Mitsubishi Alliance, Yutong Group, GAC Group, Bosch, etc.

WeRide announces self-driving Robosweepers roll off the assembly line heading towards a large-scale road test in Guangzhou

Retrieved on: 
Thursday, April 28, 2022

Robosweeper is designed and produced for city-level environmental services under a strategic collaboration between WeRide and Yutong Group.

Key Points: 
  • Robosweeper is designed and produced for city-level environmental services under a strategic collaboration between WeRide and Yutong Group.
  • It is WeRides second product for mass production and purpose-built self-driving vehicles, after the launch of Mini Robobus.
  • The large-scale road test of Robosweeper fleet will be launched in May, with over 50 vehicles in the first batch, covering the entire Nanshan district of Guangzhou.
  • WeRide Robosweepers road test in Nansha will be one of the largest in history.

Pony.ai Approved for Public Driverless Robotaxi Service in Beijing

Retrieved on: 
Thursday, April 28, 2022

Pony.ai was one of two robotaxi operators awarded a permit by Beijing city authorities to offer driverless service in southeastern Beijing.

Key Points: 
  • Pony.ai was one of two robotaxi operators awarded a permit by Beijing city authorities to offer driverless service in southeastern Beijing.
  • (Pony.ai has had a permit to driverless test since October 2021 but not with the general public in the car.)
  • View the full release here: https://www.businesswire.com/news/home/20220427006212/en/
    A Pony.ai driverless public facing robotaxi in Beijing, April 2022 (Photo: Business Wire)
    Pony.ai is now approved to conduct public facing driverless robotaxi rides in a 60 square kilometer (23.1 square mile) area in a Pilot Zone in Yizhuang, Beijing - triple the operating area from the previous driverless 20 square kilometer testing area.
  • Pony.ais approval to operate driverless robotaxis in Beijing is a critical milestone in the transition from testing driverless autonomous vehicles within Pony.ai to offering driverless robotaxi rides to public passengers, said James Peng, co-founder and CEO of Pony.ai.

Pony.ai to Launch Fleet of Robotaxis with Ontime, GAC’s ride-hailing app, in Guangzhou in 2022

Retrieved on: 
Tuesday, April 26, 2022

As part of the partnership, Pony.ai will integrate its virtual driver technology into GAC vehicles, which will then be used on GACs Ontime ride-hailing platform.

Key Points: 
  • As part of the partnership, Pony.ai will integrate its virtual driver technology into GAC vehicles, which will then be used on GACs Ontime ride-hailing platform.
  • Ontime expects to launch its fee-charging robotaxi service in Guangzhou during 2022.
  • The service will launch with an initial fleet of approximately 100 autonomous driving Ontime vehicles.
  • In addition, riders will be able to request Pony.ai autonomous vehicles through the Ontime App as well as through Pony.ais own PonyPilot+ App.

Pony.ai Becomes the First Autonomous Driving Company to Receive a Taxi License in China

Retrieved on: 
Sunday, April 24, 2022

Pony.ai, the leading global autonomous driving technology company, announced it is the first and only autonomous driving (AD) company to obtain a taxi license in China.

Key Points: 
  • Pony.ai, the leading global autonomous driving technology company, announced it is the first and only autonomous driving (AD) company to obtain a taxi license in China.
  • Pony.ai is the first and only autonomous driving company to have met all of these requirements and standards.
  • Being China's first autonomous vehicle company to receive a taxi license is a testament to Pony.ai's technological strength and ability to operate robotaxi services.
  • Leading global autonomous driving technology company Pony.ai, Inc. (Pony.ai) is pursuing an ambitious vision for autonomous mobility.

Infobird Issues Preliminary Revenue Guidance for Full Year 2022 and Provides Update on Strategic Priorities

Retrieved on: 
Tuesday, March 8, 2022

BEIJING, March 8, 2022 /PRNewswire/ -- Infobird Co., Ltd (Nasdaq: IFBD) ("Infobird" or the "Company"), a leading provider of AI-powered customer engagement solutions in China, today announced its preliminary revenue guidance for the year ended December 31, 2022 and provided an update on its strategic priorities, which will be further discussed on a company hosted investor call scheduled for Tuesday, March 15, 2022 at 9:00 am EST.

Key Points: 
  • In the past 20 years, the Company has served leading Chinese companies in the Financial Services, Retail and Healthcare verticals.
  • The Company's easy-to-deploy standard SaaS solutions can efficiently meet the needs of the SMBs due to ease of implementation and lower cost.
  • The Company's large strategic customer sales efforts are focused on the finance, retail, healthcare and NEV industries.
  • Infobird provides Zulijian with a flexible cloud-based inbound customer service center to enable efficient and timely management of incoming purchase orders.

Pony.ai Announces First Close of Series D Financing Round, With a Valuation of $8.5 Billion

Retrieved on: 
Monday, March 7, 2022

Pony.ai, a leading global autonomous driving technology company, announced that it has completed its first close of its Series D financing.

Key Points: 
  • Pony.ai, a leading global autonomous driving technology company, announced that it has completed its first close of its Series D financing.
  • View the full release here: https://www.businesswire.com/news/home/20220306005062/en/
    The Series D round is a recognition by investors of Pony.ais achieved technical milestones and significant progress toward a commercialized robotaxi and robotruck product.
  • (Photo: Business Wire)
    I am very proud to announce this first close of our Series D, said James Peng, co-founder and CEO of Pony.ai.
  • Additional details of the Series D financing will be announced in due course at the closing of the full financing round.

Hydrogen Fuel Cell Passenger Vehicles Have All-Time High Sales in 2021, Says Information Trends

Retrieved on: 
Tuesday, February 15, 2022

STERLING, Va., Feb. 15, 2022 /PRNewswire/ --With sixteen thousand hydrogen fuel cell passenger vehicles sold in 2021, the hydrogen fuel cell automobiles market registered an all-time high, according to Information Trends .

Key Points: 
  • STERLING, Va., Feb. 15, 2022 /PRNewswire/ --With sixteen thousand hydrogen fuel cell passenger vehicles sold in 2021, the hydrogen fuel cell automobiles market registered an all-time high, according to Information Trends .
  • In its 2022 study, Global Market for Hydrogen Fuel Cell Vehicles, Information Trends says that forty-four thousand hydrogen fuel cell passenger vehicles have sold since their sales began.
  • Hydrogen fuel cell vehicles are electric vehicles that generate hydrogen on board the vehicle, said Sana Arif Bhatti, research analyst at Information Trends.
  • BMW is poised to enter the fuel cell passenger vehicle market with its X5 small-series hydrogen fuel cell vehicle by late 2022.

TXAI, the UAE’s First Autonomous Taxi Operation Completes Successful Phase 1 Trial

Retrieved on: 
Friday, February 11, 2022

Bayanat, a G42 company, and the leader in geospatial intelligence, data analytics and AI, has announced the successful completion of phase 1 trials of its first autonomous taxi service called TXAI.

Key Points: 
  • Bayanat, a G42 company, and the leader in geospatial intelligence, data analytics and AI, has announced the successful completion of phase 1 trials of its first autonomous taxi service called TXAI.
  • View the full release here: https://www.businesswire.com/news/home/20220210006081/en/
    TXAI, the UAEs first autonomous taxi operation completes successful Phase 1 trial (Photo: Business Wire)
    Bayanat also worked closely with other key collaborators, Abu Dhabi Department of Municipalities and Transport, the Integrated Transport Centre and Miral Asset Management to run the operation which was first announced at the Abu Dhabi Smart City Summit in November 2021.
  • Like Thomas Edison invented light bulb for the mankind, WeRide is dedicated to developing the best autonomous driving for all human beings.
  • It is the first startup in the world to hold driverless test permits in both China and the US.

2022 GAC MOTOR International Distributor Conference

Retrieved on: 
Thursday, January 20, 2022

GUANGZHOU, China, Jan. 20, 2022 /PRNewswire/ -- Despite the many challenges of 2021, GAC MOTOR saw increasing sales figures and multiple areas of expansion.

Key Points: 
  • GUANGZHOU, China, Jan. 20, 2022 /PRNewswire/ -- Despite the many challenges of 2021, GAC MOTOR saw increasing sales figures and multiple areas of expansion.
  • Much of this was due to GAC MOTOR's strong network of global distributors: partnered dealerships that work to bring GAC MOTOR vehicles to new markets and consumers around the world.
  • The GAC MOTOR International Distributor Conference 2022 was held on January 18 and honored some of the company's most outstanding distributor partners.
  • 2022 is the year to watch for GAC MOTOR, as the EMPOW and GS8 prepare to bring Chinese craftsmanship to the world stage.