Latest news with #ShanghaiAutoShow
Yahoo
25-06-2025
- Automotive
- Yahoo
Intel hits the brakes on its automotive business, and layoffs have started
Intel is shuttering its automotive architecture business and laying off most of its staff as part of a broader restructuring at the chipmaker. The news was first reported by The Oregonian/Oregon Live, which cited an internal memo that was shared with employees Tuesday morning. Intel confirmed to TechCrunch that plans to wind down the auto business were communicated internally on Tuesday. 'As we have said previously, we are refocusing on our core client and data center portfolio to strengthen our product offerings and meet the needs of our customers,' according to a company statement provided by spokesperson Cory Pforzheimer. 'As part of this work, we have decided to wind down the automotive business within our client computing group. We are committed to ensuring a smooth transition for our customers.' Pforzheimer said the company does not disclose the number of affected employees based on specific region, location, or business. Intel's automotive business might not be the dominant revenue generator at the semiconductor company, but the division has been active in automated vehicle technology and the emerging trend of so-called 'software-defined vehicles.' Intel made numerous multi-million investments in automotive, particularly during the heady and early days of autonomous vehicle tech that kicked off around 2015. Back then, the company's venture arm committed to invest $250 million into automotive tech. Its profile was lifted after Intel acquired Mobileye in 2017 for $15.3 billion in a bid to expand its self-driving tech. Mobileye would later spin out as a standalone publicly traded company, in which Intel is a major shareholder. In 2020, Intel's automotive business acquired Moovit in a deal that valued the Israeli startup at $900 million. The layoffs come six months since Intel's automotive business showcased its technology at the global tech trade show CES 2025. Intel Automotive, while not one of the company's dominate businesses, has tried to sell automakers on its software-defined vehicle technology, which included an AI-enhanced system-on-chip designed for vehicles and set for production by the end of 2025. The company debuted the SoC at the Shanghai Auto Show in April. But the division's future looked shaky by April — even as it met with Chinese automakers at the Shanghai Auto Show — when new CEO Lip-Bu Tan warned Intel employees of layoffs across the company due to falling sales and a dim outlook. Earlier this month, the company said it planned to lay off 15% to 20% of workers in its Intel Foundry division starting in July. Intel Foundry designs, manufactures, and packages semiconductors for external clients. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Mid East Info
14-06-2025
- Automotive
- Mid East Info
JAECOO J5 is set to debut in UAE to ‘Redefine Off-Roading and Outdoor Living' - Middle East Business News and Information
Dubai, UAE – June , 2025 – The long-anticipated JAECOO J5, hailed as ' the new darling of future travel ' , is set to debut in the UAE this July 2025, marking the region's entry into a new era of light off-road lifestyle and refined outdoor mobility. After making waves globally during its reveal at the Shanghai Auto Show held in April 2025, the J5 is finally arriving in the UAE — where automotive enthusiasts and adventurers alike can experience the future of travel with exclusive test drives available at JAECOO showrooms across the Emirates. Designed for modern explorers seeking a harmonious connection with nature, the JAECOO J5 blends rugged capability with elegant aesthetics, drawing inspiration from snow-capped mountains and meandering rivers. With a bold waterfall grille, sharply defined ridge-like body lines, and integrated rear spoiler, the J5 combines strength and softness in perfect balance — a true masterpiece 'from classic, beyond classic.' 'The JAECOO J5 is more than a vehicle; it's a lifestyle statement for today's generation of freedom seekers,' said Shawn Xu, CEO of OMODA & JAECOO Automobile International. 'It's engineered to fulfill a growing longing for nature and freedom in the midst of urban hustle, and we are proud to bring that vision to the UAE.' Built on a new powertrain platform, the J5 ensures smooth yet powerful driving performance across all road conditions — from daily city commutes to spontaneous desert adventures. The in-car microphone and karaoke mode add entertainment elements to family trips. 'J5 reflects our belief that travel should not only be bold and beautiful but deeply personal and inclusive,' added Shawn Xu. 'We invite all UAE residents to test drive the J5 and discover a new standard of off-road elegance.' About OMODA&JAECOO: OMODA & JAECOO is a next-generation automotive brand under Chery International, committed to reshaping the future of intelligent and sustainable mobility. With a design philosophy rooted in innovation, personalization, and co-creation, the brand caters to global consumers who seek individuality, connectivity, and freedom. OMODA focuses on futuristic, tech-forward urban vehicles, while JAECOO specializes in premium, off-road-inspired SUVs that harmonize rugged performance with refined aesthetics. Together, OMODA & JAECOO is pioneering a new global ecosystem of lifestyle mobility, offering smart, safe, and stylish solutions for modern explorers. The product line-up includes OMODA C5, JAECOO J7, JAECOO J8, and the upcoming OMODA C7, and JAECOO J5, along with the upcoming SHS models. As part of its long-term commitment, OMODA & JAECOO has established a 12,000 sqm spare parts distribution center in JAFZA, the largest Chinese automotive parts hub in the Middle East. This facility enhances regional logistics and aftersales support. Additionally, through its strategic partnership with Maersk, OMODA & JAECOO have further strengthened their logistics and aftersales operations in the UAE, ensuring 100% spare parts availability and rapid delivery within 24 and 48 hours. In the UAE, Autorun, MAHY Khoory Automotive and Galadari are the official distributors of OMODA & JAECOO, in Dubai, Abu Dhabi and Northern Emirates respective, thus ensuring seamless market entry and premium customer experience.
Yahoo
10-06-2025
- Automotive
- Yahoo
Pony.ai Accelerates Gen-7 Robotaxi Deployment with Road Testing Launch in China's Guangdong
GUANGZHOU, China, June 6, 2025 /PRNewswire/ -- (NASDAQ:PONY), a global leader in autonomous driving technology, is ramping up its Robotaxi mass production and commercialization efforts with the launch of public road testing for its seventh-generation Robotaxis in China. The vehicles now testing on roads in the southern Chinese megacities of Guangzhou and Shenzhen are based on Guangzhou Auto(GAC)'s second-generation Aion V model and equipped with most advanced autonomous driving system, unveiled just over a month ago at the Shanghai Auto Show. recently obtained regulatory permit to conduct these road tests for its seventh generation Robotaxi jointly developed with GAC, marking a significant transition from laboratory and closed-track validation into real-world traffic environments. In April, debuted its Gen-7 autonomous driving system at the Shanghai Auto Show. The new system delivers three core advancements: the exclusive use of 100% automotive-grade components, a 70% reduction in BOM costs of the autonomous driving kit compared to previous generation, and enhanced platform-based design enabling rapid adaptation across multiple vehicle models. Equipped with six types of mass-production sensors providing 360-degree, blind-spot-free redundant perception, and incorporating proprietary sensor cleaning solution, the system effectively handles adverse weather and extreme scenarios. Built upon in-house developed "PonyWorld" model and utilizing reinforcement learning, it achieves safety standards exceeding human capabilities while continuously improving its ability to navigate complex, real-world conditions for full-scenario, all-weather operation. Dr. James Peng, CEO and Co-Founder of said: "The Aion V with 7th-Gen AD system deployed in these road tests represent a significant milestone in our deep collaboration and ecosystem synergy with GAC. Since launching our strategic alliance in 2018, we have continuously deepened our cooperation across L4 autonomous vehicle R&D, product deployment, and strategic investments." brings substantial experience to this launch, having amassed over 45 million kilometers in global autonomous test mileage. The company has established an operational network spanning more than 2,000 square kilometers across four first-tier cities in China, namely Beijing, Shanghai, Guangzhou, and Shenzhen, encompassing high-complexity scenarios such as high-speed rail stations, airports, and densely populated urban commercial areas. Moreover, the company has validated its technology through over 500,000 hours of fully driverless operation under diverse real-world conditions in the past two years. Targeting 2025 as its "mass production year," is transitioning from technology demonstration to large-scale deployment. Successfully boosting cost-efficiency in its latest Gen-7 system and achieving pre-installed production readiness enables the company to build a fleet exceeding 1,000 vehicles by year-end, unlocking significant economies of scale. To support widespread adoption, has established deep commercial partnerships with global leaders in technology, mobility services, and deployment platforms, including Tencent Cloud, Alipay, Amap, Ruqi Mobility, Shenzhen Xihu Group, global ride-hailing giant Uber, Singapore's mobility conglomerate ComfortDelGro, and Luxembourg's Emile Weber. About Pony AI Inc. is a global leader in achieving large-scale commercialization of autonomous mobility. Leveraging its vehicle-agnostic Virtual Driver technology, a full-stack autonomous driving technology that seamlessly integrates proprietary software, hardware, and services, is developing a commercially viable and sustainable business model that enables the mass production and deployment of vehicles across transportation use cases. Founded in 2016, has expanded its presence across China, Europe, East Asia, the Middle East and other regions, ensuring widespread accessibility to its advanced technology. View original content: SOURCE Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Korea Herald
06-06-2025
- Automotive
- Korea Herald
Pony.ai Accelerates Gen-7 Robotaxi Deployment with Road Testing Launch in China's Guangdong
GUANGZHOU, China, June 6, 2025 /PRNewswire/ -- (NASDAQ:PONY), a global leader in autonomous driving technology, is ramping up its Robotaxi mass production and commercialization efforts with the launch of public road testing for its seventh-generation Robotaxis in China. The vehicles now testing on roads in the southern Chinese megacities of Guangzhou and Shenzhen are based on Guangzhou Auto(GAC)'s second-generation Aion V model and equipped with most advanced autonomous driving system, unveiled just over a month ago at the Shanghai Auto Show. recently obtained regulatory permit to conduct these road tests for its seventh generation Robotaxi jointly developed with GAC, marking a significant transition from laboratory and closed-track validation into real-world traffic environments. In April, debuted its Gen-7 autonomous driving system at the Shanghai Auto Show. The new system delivers three core advancements: the exclusive use of 100% automotive-grade components, a 70% reduction in BOM costs of the autonomous driving kit compared to previous generation, and enhanced platform-based design enabling rapid adaptation across multiple vehicle models. Equipped with six types of mass-production sensors providing 360-degree, blind-spot-free redundant perception, and incorporating proprietary sensor cleaning solution, the system effectively handles adverse weather and extreme scenarios. Built upon in-house developed "PonyWorld" model and utilizing reinforcement learning, it achieves safety standards exceeding human capabilities while continuously improving its ability to navigate complex, real-world conditions for full-scenario, all-weather operation. Dr. James Peng, CEO and Co-Founder of said:"The Aion V with 7th-Gen AD system deployed in these road tests represent a significant milestone in our deep collaboration and ecosystem synergy with GAC. Since launching our strategic alliance in 2018, we have continuously deepened our cooperation across L4 autonomous vehicle R&D, product deployment, and strategic investments." brings substantial experience to this launch, having amassed over 45 million kilometers in global autonomous test mileage. The company has established an operational network spanning more than 2,000 square kilometers across four first-tier cities in China, namely Beijing, Shanghai, Guangzhou, and Shenzhen, encompassing high-complexity scenarios such as high-speed rail stations, airports, and densely populated urban commercial areas. Moreover, the company has validated its technology through over 500,000 hours of fully driverless operation under diverse real-world conditions in the past two years. Targeting 2025 as its "mass production year," is transitioning from technology demonstration to large-scale deployment. Successfully boosting cost-efficiency in its latest Gen-7 system and achieving pre-installed production readiness enables the company to build a fleet exceeding 1,000 vehicles by year-end, unlocking significant economies of scale. To support widespread adoption, has established deep commercial partnerships with global leaders in technology, mobility services, and deployment platforms, including Tencent Cloud, Alipay, Amap, Ruqi Mobility, Shenzhen Xihu Group, global ride-hailing giant Uber, Singapore's mobility conglomerate ComfortDelGro, and Luxembourg's Emile Weber. Pony AI Inc. is a global leader in achieving large-scale commercialization of autonomous mobility. Leveraging its vehicle-agnostic Virtual Driver technology, a full-stack autonomous driving technology that seamlessly integrates proprietary software, hardware, and services, is developing a commercially viable and sustainable business model that enables the mass production and deployment of vehicles across transportation use cases. Founded in 2016, has expanded its presence across China, Europe, East Asia, the Middle East and other regions, ensuring widespread accessibility to its advanced technology.
Associated Press
06-06-2025
- Automotive
- Associated Press
Pony.ai Accelerates Gen-7 Robotaxi Deployment with Road Testing Launch in China's Guangdong
GUANGZHOU, China, June 6, 2025 /PRNewswire/ -- (NASDAQ:PONY), a global leader in autonomous driving technology, is ramping up its Robotaxi mass production and commercialization efforts with the launch of public road testing for its seventh-generation Robotaxis in China. The vehicles now testing on roads in the southern Chinese megacities of Guangzhou and Shenzhen are based on Guangzhou Auto(GAC)'s second-generation Aion V model and equipped with most advanced autonomous driving system, unveiled just over a month ago at the Shanghai Auto Show. recently obtained regulatory permit to conduct these road tests for its seventh generation Robotaxi jointly developed with GAC, marking a significant transition from laboratory and closed-track validation into real-world traffic environments. In April, debuted its Gen-7 autonomous driving system at the Shanghai Auto Show. The new system delivers three core advancements: the exclusive use of 100% automotive-grade components, a 70% reduction in BOM costs of the autonomous driving kit compared to previous generation, and enhanced platform-based design enabling rapid adaptation across multiple vehicle models. Equipped with six types of mass-production sensors providing 360-degree, blind-spot-free redundant perception, and incorporating proprietary sensor cleaning solution, the system effectively handles adverse weather and extreme scenarios. Built upon in-house developed 'PonyWorld' model and utilizing reinforcement learning, it achieves safety standards exceeding human capabilities while continuously improving its ability to navigate complex, real-world conditions for full-scenario, all-weather operation. Dr. James Peng, CEO and Co-Founder of said: 'The Aion V with 7th-Gen AD system deployed in these road tests represent a significant milestone in our deep collaboration and ecosystem synergy with GAC. Since launching our strategic alliance in 2018, we have continuously deepened our cooperation across L4 autonomous vehicle R&D, product deployment, and strategic investments.' brings substantial experience to this launch, having amassed over 45 million kilometers in global autonomous test mileage. The company has established an operational network spanning more than 2,000 square kilometers across four first-tier cities in China, namely Beijing, Shanghai, Guangzhou, and Shenzhen, encompassing high-complexity scenarios such as high-speed rail stations, airports, and densely populated urban commercial areas. Moreover, the company has validated its technology through over 500,000 hours of fully driverless operation under diverse real-world conditions in the past two years. Targeting 2025 as its 'mass production year,' is transitioning from technology demonstration to large-scale deployment. Successfully boosting cost-efficiency in its latest Gen-7 system and achieving pre-installed production readiness enables the company to build a fleet exceeding 1,000 vehicles by year-end, unlocking significant economies of scale. To support widespread adoption, has established deep commercial partnerships with global leaders in technology, mobility services, and deployment platforms, including Tencent Cloud, Alipay, Amap, Ruqi Mobility, Shenzhen Xihu Group, global ride-hailing giant Uber, Singapore's mobility conglomerate ComfortDelGro, and Luxembourg's Emile Weber. About Pony AI Inc. is a global leader in achieving large-scale commercialization of autonomous mobility. Leveraging its vehicle-agnostic Virtual Driver technology, a full-stack autonomous driving technology that seamlessly integrates proprietary software, hardware, and services, is developing a commercially viable and sustainable business model that enables the mass production and deployment of vehicles across transportation use cases. Founded in 2016, has expanded its presence across China, Europe, East Asia, the Middle East and other regions, ensuring widespread accessibility to its advanced technology. View original content: SOURCE
