China’s GCL, a leading solar equipment manufacturer, is considering to move into the electric vehicle sector, more specifically public transport and delivery vehicles, given its knowledge in energy, a step that will make it rise above its competitors in this industry.
Chinese e-commerce behemoth Alibaba Cloud has announced a partnership agreement with Autonomic which will see the entities collaborate to introduce a transportation mobility cloud (TMC) software that can be used to connect vehicles in China.
Chinese search engine colossus Baidu and the BMW Group has formally announced they have signed a Memorandum of Understanding (MoU), under which the BMW Group will join Apollo, the open autonomous driving platform by Baidu, as a board member.
Ride-hailing firm Grab insisted its takeover of Uber's businesses in Southeast Asia has not substantially eroded competition in Singapore after a threat from the city-state's anti-monopoly watchdog to reverse the deal.
Hyperloop Transportation Technologies said it will team up with a southwestern Chinese city to build a new 10-kilometre (six-mile) track for its high-speed hyperloop transportation system.
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