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Taiwan's autonomous driving technology is gaining visibility in international markets, as the R&D team of the government-funded Industrial Technology Research Institute (ITRI) has obtained a permit from the Australian government to export its autonomous driving solutions to a Melbourne-based toll road operator. ITRI's solutions are also undergoing an open-field driving verification in Japan, according to Chieh-Chih Wang, chief digital officer at ITRI's Mechanical and Mechatronics Systems Research Laboratories.

China-based automotive LiDAR company Hesai Group reported its strongest financial results for the first quarter of 2023. It saw revenue increase by 73% year-over-year, thanks to surging shipments.

China-based Black Sesame Technologies announced on May 19 that it will provide local carmaker Hongqi Auto with its Huashan-2 A1000L series chips to enable an autonomous driving platform. In addition, the pair plan to start mass-producing vehicles based on the chip next year.

Tron Future Tech, a Taiwan-based startup specialized in active electronically scanned array (AESA) for drone and space applications, recently announced success in delivering the prototype of T.SpaceRouter, its automotive user terminal for low-earth orbit (LEO) satellite communication. In a press release, the company claimed that the T.SpaceRouter sourced 85% of components locally, marking a milestone for domestically developed automotive LEO satellite communication user terminals.

Driven by new safety regulations, imaging radar innovations, increased automotive radar equipment adoption, and more, it is estimated that the global automotive radar market will grow from US$6.7 billion in 2022 to US$13.6 billion in 2028, with a compound annual growth rate (CAGR) of 12% between 2022 to 2028.