Yutong Group and CATL Sign Strategic Cooperation MOU for Global Expansion and Electrification Ventures

Alibaba's financial report stated that T-Head Semiconductor Co., Ltd., as its chip design subsidiary, had achieved widespread industrial application of its independently developed AI chips, with large-scale application cases first emerging in the automotive industry. Over 100,000 Zhenwu PPU cards had been deployed on Alibaba Cloud's public cloud platform, and more than 30 leading automakers and autonomous driving companies were conducting intelligent driving R&D based on this chip. The Zhenwu chip, together with Alibaba Cloud and the Qwen model, formed a complete integrated technology stack, significantly enhancing training and inference efficiency.

The Ministry of Land, Infrastructure and Transport announced on May 11 that the 8th Mobility Innovation Committee approved 16 agenda items, including demonstrations for an “EV battery subscription service” and “vehicle operation in Gwangju’s autonomous driving demonstration city.” South Korean consumers will be able to purchase only the vehicle body of an electric vehicle and lease the expensive battery separately. In addition, 200 autonomous vehicles to be deployed in Gwangju’s autonomous driving demonstration city will be eligible to apply for temporary operation permits without undergoing the self-certification process.