Author: Andrew Xu

CaoCao Inc., the ride-hailing platform backed by Geely Holding Group, has unveiled its RoboX strategy, outlining plans to deploy a combined fleet of 200,000 autonomous vehicles by 2030. The initiative includes a target of 100,000 Robotaxis and 100,000 Robovans, as the company seeks to transform itself into what it describes as a physical AI mobility platform. The strategy was announced during the 2026 International Automotive and Supply Chain Expo in Hong Kong. Three-Pillar Autonomous Mobility Framework According to CaoCao, the RoboX strategy is built around three core pillars: intelligent driving technologies, intelligent purpose-built vehicles, and intelligent operations. The company said…

Xiaomi announced that its YU7 GT electric SUV has set what the company described as the world’s first autonomous-driving lap record for a production SUV at Germany’s Nürburgring Nordschleife circuit. The vehicle completed the 20.8-kilometer track in 10 minutes and 29.483 seconds using its autonomous-driving system, according to Xiaomi. Autonomous Driving Demonstration The lap was conducted as a public demonstration of the intelligent-driving capabilities integrated into the production version of the YU7 GT. The Nürburgring Nordschleife, often regarded as one of the most demanding automotive test tracks in the world, features more than 70 corners, significant elevation changes, and complex…

Chinese autonomous driving technology company Momenta has received filing approval from China’s securities regulator for its planned Hong Kong initial public offering (IPO), moving the company a step closer to a public market debut. The China Securities Regulatory Commission (CSRC) said it had accepted the overseas listing filing submitted by Momenta Global Limited through its domestic operating entity, according to a notice released on Thursday. Hong Kong Listing Plans Advance Under the filing, Momenta plans to issue up to 43.75 million overseas-listed common shares and seek a listing on the Hong Kong Stock Exchange. The filing notice, dated June 10…

Li Auto has openly acknowledged Tesla’s leadership in autonomous driving technology, with a senior executive describing the US automaker as the industry’s strongest competitor and confirming that the company is using Tesla’s Full Self-Driving (FSD) system as a key benchmark for future development. Speaking at a recent event, Li Auto’s head of autonomous driving research and development, Zhan, revealed that industry insiders returning from Silicon Valley had repeatedly shared the same assessment with both him and Li Auto Chief Executive Officer Li Xiang: Tesla remains ahead in intelligent driving technology. Silicon Valley trip highlights technology gap To validate those claims…

Calterah has introduced two new automotive millimeter-wave (mmWave) radar system-on-chips (SoCs) aimed at advanced driver-assistance systems (ADAS), alongside new ultra-wideband (UWB) radar solutions designed for child presence detection and parking assistance. The launches were announced during the company’s annual Calterah Day event as automakers and suppliers prepare for increasingly stringent vehicle safety requirements, including upcoming Euro NCAP protocols and proposed Chinese regulations covering Level 2 ADAS and automatic emergency braking (AEB) systems. The Shanghai-based semiconductor company said the new products are intended to improve vehicle perception capabilities, support higher levels of driving automation, and enhance in-cabin safety applications. New Radar…

Chinese autonomous driving technology company Momenta has obtained a permit to conduct road testing and demonstration operations for intelligent connected vehicles in Wuxi, Jiangsu Province, expanding its footprint in one of China’s key autonomous driving markets. The approval formalizes the company’s activities in the city after it began autonomous vehicle testing there in January. Expanding Autonomous Driving Network With the latest authorization, Wuxi becomes the newest city in Momenta’s growing network of locations supporting high-level autonomous driving demonstrations. The company said the expansion aligns with its broader strategy to deploy advanced autonomous driving technologies across additional cities and international markets…

Chinese autonomous driving technology companies WeRide and Pony.ai have been added to the Stock Connect eligible list, allowing mainland Chinese investors to trade their Hong Kong-listed shares. The adjustment to the Stock Connect list will take effect on June 4, according to announcements from the Shanghai Stock Exchange. The move comes about seven months after both companies began trading in Hong Kong. Eligible mainland investors will be able to directly trade the Hong Kong-listed shares of WeRide and Pony.ai through the cross-border investment mechanism. Access to Mainland Capital Stock Connect is a mutual market access program linking the mainland Chinese…

China’s autonomous driving industry continues to expand its Robotaxi operations despite heightened regulatory scrutiny following a major disruption involving Baidu’s Apollo Go service earlier this year. The sector is currently operating under a regulatory review period after an incident in Wuhan on March 31, 2026, during which nearly 100 Apollo Go vehicles reportedly stopped operating simultaneously. Regulatory Review Following Wuhan Incident The disruption prompted a response from Chinese authorities, with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the Ministry of Transport holding a joint meeting in mid-April to address safety concerns and require corrective…

Jiangsu Zeron Technology Co., Ltd. has filed an application to list on the main board of the Hong Kong Stock Exchange, according to industry reports. The filing was submitted on May 28, with Goldman Sachs (Asia) and Haitong International Capital serving as joint sponsors for the proposed initial public offering. Focus on Smart and Autonomous Heavy Trucks Zeron positions itself as a developer of smart and autonomous heavy-duty truck solutions, pursuing a vertically integrated strategy that combines vehicle development, powertrain technology and autonomous driving systems. The company said its proprietary autonomous driving platform, known as the Zeron Autonomous Driving System,…

CaoCao Inc. has become the first company authorized to conduct driverless robotaxi road testing in Hangzhou, marking a significant milestone in its autonomous mobility ambitions and strengthening its position in China’s rapidly evolving robotaxi market. The Hong Kong-listed mobility platform said it received approval in April 2026 to begin public-road testing of robotaxis without a human safety operator on board, a key regulatory step before commercial deployment. The company described the permit as validation of the maturity and safety of its autonomous driving system and an important foundation for obtaining similar approvals in other Chinese cities. The authorization comes as…

Chinese LiDAR manufacturer RoboSense reported a sharp increase in robotics-related sensor shipments in the first quarter of 2026, with deliveries rising more than fourteenfold from a year earlier and surpassing its automotive business for the first time. The Shenzhen-based company said robotics LiDAR shipments jumped 1,458.8% year-on-year to 185,500 units during the quarter, accounting for more than 56% of total deliveries. The shift marks a significant milestone for RoboSense, as its robotics segment overtook advanced driver assistance systems (ADAS) as the company’s largest source of shipment volume. Overall LiDAR shipments reached 330,300 units in the first quarter, an increase of…

Chinese electric heavy-duty truck startup Zeron said on Tuesday it had completed a $200 million Series B2 funding round as the company accelerates development of its autonomous driving truck business. Investors participating in the round included Zijin Mining, Shandong Energy Group through its Yankuang Capital unit, and Sanhua Holding Group. International investors included Temasek and InnoVen Capital. Zeron said the participation of industrial investors would support expansion in mining transportation and industrial logistics applications, while international investor involvement reflected continued global interest in China’s autonomous driving sector. The funding round marks the company’s second major financing event within two months.…