NEWS WRAP: TuSimple to delist, citing the company’s ‘best interests’
The autonomous driving company said its decision was based on weakening market sentiment towards companies with technology that has yet to be commercialized By Doug Young TuSimple Holdings Inc.…
PODCAST: China’s Private Equity Clampdown, and a Tech Hotshot Drives Out of America
By Doug Young & Rene Vanguestaine China is raising the bar for its vast field of venture capital and private equity companies, a move that looks aimed at avoiding a…
FAST NEWS: iMotion Automative dips on trading debut
The latest: Autonomous driving domain controllers maker iMotion Automotive Technology (Suzhou) Co. Ltd. (1274.HK) opened at HK$29.55in their Wednesday trading debut, 0.3% lower than their IPO price of HK$29.65, giving…
RoboSense steers tricky course in self-drive tech market
Can a Hong Kong listing help the maker of LiDAR automotive sensors break out of a cycle of rising sales but mounting losses? Key Takeaways: The sensor technology firm’s losses have…
NEWS WRAP: Hesai drives beyond China in new tie-up with Germany’s Webasto
The Chinese company will supply its light detection and ranging (LiDAR) technology used in autonomous driving to the German maker of automotive roof systems By Teri Yu Automotive light…
Black Sesame test drives into Hong Kong, coasting on new rules for high-tech hot-shots
The maker of autonomous driving chips has filed for a Hong Kong IPO, hoping to take advantage of new, more lenient requirements for high-growth companies Key takeaways: Black Sesame has…
FAST NEWS: TuSimple considers sale of U.S. business
The Latest: Autonomous truck driving technology company TuSimple (TSP.US) said on Wednesday it is “evaluating strategic alternatives for its U.S. business.” Looking Up: Such language typically means TuSimple is exploring…