Tagged: China

Chinese autonomous driving startup Pony confirms $100 million investment from Saudi Arabia

Pony.ai plans to set up a joint venture with Neom in Northwest Saudi Arabia to provide autonomous driving technology solutions for the region.

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Canalys expects China’s auto exports to reach 5.4 million in 2023, NEVs to contribute 40%

MG, Tesla, and BYD were the brands that exported the most NEVs from China in the first half of the year, contributing 25.3 percent, 22 percent, and 15.4 percent, respectively.

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Nio has gained car production qualification by acquiring local automaker, report says

Nio acquired Leopard in a government-coordinated buyout to qualify for vehicle production, and potential further acquisitions of two of JAC's plants will allow it to end its history of contract manufacturing, local media said.

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