Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Junqing Wei"


3 mentions found


Huanqiu.com | Visual China Group | Getty ImagesBEIJING — China's truck industry is finding more reasons to buy vehicles with assisted-driving technology. The companies trying to sell trucks to fleet operators are including driver-assist tech as a way to make the vehicles more attractive, Gui said. In addition, Chinese authorities require all newly manufactured trucks since 2022 to come with basic driver-assist tech for warning against forward collision and lane departure, Gui said. The startup claims its trucks cost about 5% less than traditional options, on top of safety and environmental benefits. PlatooningOther startups are testing out different forms of driver-assist trucks in China.
Persons: Gui Lingfeng, Gui, Julian Ma Inceptio, Inceptio, Julian Ma, That's, Ma, Didi, Junqing Wei Organizations: Visual China, Getty, BEIJING, Kearney, it's, Industry, SF Holdings, CNBC's East Tech West Locations: Shanghai, China, Tianjin, Beijing, Inner Mongolia, Nansha, Guangzhou
The CEO of a firm focused on autonomous trucking believes huge change is coming to the sector — with humans and technology working hand in hand to transform the way goods are delivered. Wei said KargoBot was incubated by the Chinese ride-sharing powerhouse Didi for the past three years. KargoBot, he said, already has more than 100 autonomous driving trucks on the road, mainly on routes in Inner Mongolia, northern China. "They have been automatically driving and also, they are delivering goods, they are actually doing commercial operations already." The logistics market, Wei said, is worth more than $1 trillion, with KargoBot focusing on the delivery of raw material for manufacturers and factories.
Persons: Junqing Wei, Wei, KargoBot, Didi Organizations: CNBC's East Tech West Locations: Nansha, Guangzhou, China, Inner Mongolia
A 'revolution' is coming: KargoBot CEO
  + stars: | 2023-10-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA 'revolution' is coming: KargoBot CEODuring a discussion at the East Tech West conference in China, KargoBot CEO Junqing Wei spoke about the opportunities and challenges facing his sector.
Persons: Junqing Wei Organizations: East Tech West Locations: China
Total: 3