WeRide to Develop L4 With Lenovo: Autonomous driving solution provider WeRide announced a strategic collaboration with Lenovo Vehicle Computing to co-create an L4 autonomous driving solution. It will leverage Lenovo’s domain controller as its foundation.
Baidu’s Apollo Go fulfills over 5 million Robotaxi orders: Baidu reported their financial results for the fourth quarter and the whole year of 2023. The report showed that by 2 January of this year, Baidu’s Apollo Go robotaxi platforum had provided over 5 million rides on open roads. Apollo Go saw 49 per cent year-on- year growth in service orders in the last quarter, reaching 839,000. In Wuhan city, 45 per cent of the Robotaxi orders were completely driverless, demonstrating the increasing acceptance of autonomous driving technology in China.
Hesai Technology announced unaudited financial results for the fourth quarter and full year of 2023, which beat expectations in revenue, delivery volume, and overall gross margin. Total annual revenue was C¥1.88bn, with a year-on-year increase of 56.1 per cent. The company’s revenue for the fourth quarter was C¥560m, with a rise of 37.1 per cent compared to the same period last year. In the last year, Hesai Technology had an overall gross margin of 35.2 per cent, and gross profit surged 40.1 per cent year over year. The company delivered a total of 222,116 lidar units in 2023, with a year-on-year jump of 176.1 per cent.
Great Wall Motors announced strategic partnership with Hesai. This partnership is a major step towards incorporating advanced lidar safety technology into GWM’s future vehicle models, promising to raise the standards of intelligent driving. The partnership began with a strategic meeting to launch R&D on multiple lidar projects, with an agreement to mass-produce high- quality lidar units. GWM’s new passenger car models will feature Hesai ADAS lidar, expected to come out later this year.
Isuzu and Tier IV formed a capital and business partnership for route buses with L4 autonomous driving technologies. This cooperation reflects a common vision between Isuzu, a leader in commercial vehicle and diesel engine production, and Tier IV, a pioneer in autonomous driving software, to bring vehicles with autonomous technologies to market. This effort is also a response to the urgent issues of driver shortages and the demand for sustainable, efficient public transportation alternatives.
Seyond is working with Nvidia to incorporate Seyond’s advanced lidar solutions into the Nvidia DriveWorks and Omniverse platforms. By using Seyond’s lidar technology and expertise with Nvidia’s comprehensive automotive development solutions, Seyond aims to change the way autonomous vehicles are created, developed, and tested. As part of this cooperation, Nvidia’s GPU hardware will be used together with Seyond’s lidar to process point cloud data fast and precisely for enhanced autonomous driving abilities.
Avatr, the premium brand backed by Changan, Huawei, and CATL, put the 11 Intelligent Driving Edition onto the market featuring the Huawei Advanced Driving System 2.0. Equipped with three lidar sensors, the new vehicle provides advancd driving assistance on expressways, urban, and parking. The vehicle’s intelligent driving navigation assistance, which does not rely on high-precision maps, has been activated nationwide. It covers expressways, national higways, provincial roads, county roads, as well as main roads, auxiliary roads, and branch roads within cities.
