Self-driving1 Min Read RainManonAugust 27, 2021 Alibaba invests in autonomous driving company DeepRoute.ai Alibaba became the majority shareholder with a 19.68 percent stake, the information shows.
Xpeng1 Min Read RainManonJuly 21, 2021 Alibaba increased its long position in Xpeng HK shares by about 15% On July 7, Alibaba increased its long position in Xpeng Motors from 0% to 14.97%, according to a HKEx filing.
Self-driving1 Min Read RainManonJune 10, 2021 Alibaba says it’s working on self-driving trucks Chinese e-commerce giant Alibaba is working on self-driving trucks with its logistics subsidiary Cainiao, Cheng Li, the company's chief…
Xpeng1 Min Read RainManonSeptember 8, 2020 Alibaba, Xpeng’s largest outside shareholder, holds 13.3% of stake As of August 26, Alibaba owned 19% of Xpeng's Class A common stock, or 13.3% of Xpeng's outstanding common stock, according to Alibaba and…
Xpeng1 Min Read RainManonAugust 3, 2020 Xpeng raises another $300 million in funding led by Alibaba Less than half a month after raising $500 million in a Series C+ round, Chinese electric car company Xpeng Motors has raised another round of…
Industry News2 Min Read RainManonApril 22, 2020 Alibaba releases world’s first autonomous driving simulation road test platform Alibaba DAMO Academy today released the world's first autonomous driving "hybrid simulation test platform" which uses a combination…
Industry News2 Min Read RainManonDecember 5, 2019 Alibaba-backed AutoX applies for self-driving car test in California Alibaba-invested Chinese startup AutoX has applied to test self-driving cars in California without human drivers. This will be another…