All Updates

All Updates

icon
Filter
Regulation/policy
Geographic expansion
GM obtains approval to test self-driving vehicles in China
Auto Tech
Aug 24, 2023
This week:
Funding
EKORE raises EUR 1.3 million (~ USD 1 million) in seed funding to strengthen platform
Digital Twin
Dec 20, 2024
Funding
Culina Health raises USD 7.9 million in Series A funding to expand offerings and expand team
Functional Nutrition
Dec 19, 2024
FDA approval
ViGeneron receives IND clearance for VG801 gene therapy
Cell & Gene Therapy
Dec 19, 2024
Product updates
Reflex Aerospace ships first commercial satellite SIGI
Next-gen Satellites
Dec 19, 2024
Partnerships
Vast partners with SpaceX for two private astronaut missions to ISS
Space Travel and Exploration Tech
Dec 19, 2024
Management news
Carbios appoints Philippe Pouletty as interim CEO amid plant delay
Waste Recovery & Management Tech
Dec 19, 2024
Funding
BlueQubit raises USD 10 million in seed funding to develop quantum platform
Quantum Computing
Dec 19, 2024
FDA approval
Arbor Biotechnologies receives FDA clearance for ABO-101 IND application
Human Gene Editing
Dec 19, 2024
Partnerships
Funding
Personalis partners with Merck and Moderna for cancer therapy development and investment
Precision Medicine
Dec 19, 2024
Partnerships
COTA partners with Guardant Health to develop clinicogenomic data solutions for cancer research
Precision Medicine
Dec 19, 2024
Aug 24, 2023

GM obtains approval to test self-driving vehicles in China

Regulation/policy
Geographic expansion

  • General Motors (GM) has received approval to test Level 4 autonomous driving technology in China (i.e., fully autonomous vehicles limited to specific locations and/or conditions) in collaboration with China-based self-driving startup Momenta.

  • GM is permitted to conduct tests in designated areas in Shanghai using its Cadillac Lyriqs equipped with Momenta’s technology. 

  • The company will initially launch test rides in the Jinqiao area for a period of one year. However, GM has not disclosed the timeline the company intends to launch tests.

  • Analyst QuickTake: GM has been eyeing the Chinese market for a while, having invested USD 300 million in Momenta to jointly develop autonomous vehicles for the local market. However, GM is not alone in the autonomous vehicle tech development space in China, and will face competition from companies such as XPeng Motors, Baidu, and Pony.ai, as the company gears toward introducing autonomous vehicles to the Chinese market.

Contact us

Gain access to all industry hubs, market maps, research tools, and more
Get a demo
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.