Beijing will allow driverless buses and taxis from April 1, promoting autonomous vehicles and smart infrastructure.
By Qiaoyi Li and Brenda Goh31 Dec 2024ReutersGM's exit of Cruise robotaxis shows the costly, long-term challenge of perfecting self-driving tech.
By Abhirup Roy11 Dec 2024ReutersPony AI announced raising $260M in its U.S. IPO, valuing the China-based robotaxi firm at about $4.55B.
By Reuters27 Nov 2024ReutersPony AI said on Thursday it was targeting a valuation of up to $4.48 billion in its initial public offering in the US.
By Arasu Kannagi Basil14 Nov 2024ReutersLyft partners with Mobileye, May Mobility, and Nexar to advance self-driving taxis and compete with Uber in the robotaxi market.
By Reuters6 Nov 2024ReutersSelf-driving firm WeRide reached a $4.21B valuation after raising $120M in its U.S. IPO, benefiting from eased regulations.
By Manya Saini, Niket Nishant and Jahnavi Nidumolu25 Oct 2024ReutersChinese self-driving startup WeRide has filed for a $119.4M IPO on Nasdaq and a $320.5M private placement, aiming for a $5B valuation.
By Reuters24 Oct 2024ReutersUber Technologies and WeRide announced a partnership on Wednesday to bring the Chinese self-driving technology firm’s vehicles to the rideshare platform, starting in...
By Reuters25 Sep 2024ReutersRobotaxi firm Waymo registers 100,000 paid rides per week after expanding into new areas with 700 total vehicles.
By Reuters20 Aug 2024ReutersDriverless taxi company WeRide approved for testing in California despite looming US ban on Chinese-developed systems.
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