Baidu Launches New Apollo Park In Guangzhou To Boost Self-Driving Ambition Baidu, the Chinese search engine giant, has put into operation its second Apollo Park, an industrial complex that the company said could provide a boost to its ongoing efforts to commercialize its smart transportation technologies and build on its increasing focus on artificial intelligence.
Toyota-backed Self-driving Startup Pony.ai Raises $100M Series C+ Round Toyota Motor-backed autonomous driving startup Pony.ai announced on Monday that it has pocketed $100 million in a Series C+ round of financing. The latest fundraising brings the total corpus raised by Pony.ai in its Series C round to $367 million.
WeRide Starts Testing Autonomous Minibuses In Guangzhou WeRide, a Guangzhou-based startup which was one of the first companies to launch a robotaxi pilot program in China, is now exploring the new area of driverless minibuses, in an attempt to diversify its offerings of mobility services powered by its self-driving technology.
WeRide Receives $310 Million as Beijing Opens Highways to Autonomous Car Tests WeRide, one of China’s best-funded startups for self-driving technology, has started the New Year with a bang by closing a $310 million series B funding round led by domestic bus maker Yutong Group, continuing a funding frenzy for the industry started in 2020.