In recent years, advancements in AI, 5G, and other technologies have positioned autonomous driving as a key trend in the automotive industry. Traditional commercial vehicle manufacturers, facing rising labour costs, shifting market demands, and intense competition, are under immense pressure to find new growth avenues.... Continue reading
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This year, more than ten autonomous driving-related companies have initiated IPO processes. In July, Chenqi Technology went public on the Hong Kong Stock Exchange (HKEX), becoming the “first autonomous driving operation technology stock.” On August 8, Black Sesame Technologies, an autonomous driving chip company, also... Continue reading
Hongsoft Group: Awoda Autonomous Sanitation Vehicle Recently, the Fundamental Science Division of Autonomous Driving Technology at Hongsoft Group unveiled the Awoda Autonomous Sanitation Vehicle. Supported by government initiatives, Awoda has been piloted in five major cities—Beijing, Shanghai, Hefei, Taiyuan, and Changsha—for on-site road tests. These... Continue reading
Since the second half of 2024, the adoption of low-speed autonomous driving applications has gained significant momentum. From July to October, over 180 new autonomous driving projects were publicly reported in China, focusing primarily on unmanned delivery vehicles, autonomous buses, and cleaning robots. Between... Continue reading