Robotics rollout drives Black Sesame’s first-half revenue up more than 80%
Autonomous driving chipmaker Black Sesame International Holding Ltd. (2533.HK) said on Thursday it expects to record revenue of 458 million yuan ($68 million) or more for the six months through…
Momenta IPO cleared by Hong Kong Stock Exchange, CSRC
Autonomous driving technology company Momenta Global Ltd. has passed its listing hearing with the Hong Kong Stock Exchange, around the same time its IPO was also approved by China’s securities…
Trunk Technology drives ahead in search of profits
The autonomous commercial vehicle technology maker plans to top up with a Hong Kong IPO under a rule allowing ‘specialist technology companies’ to list even if they are losing money…
Minieye secures $19 million deal for 100 autonomous buses
Autonomous driving technology company Minieye Technology Co. Ltd. (2431.HK) said on Tuesday that it has inked an autonomous vehicle procurement contract worth 130 million yuan ($19 million) to supply an independent…
NEWS WRAP: UISEE makes Hong Kong debut, powered by autonomous driving demand
The company is the first publicly listed firm in its class to focus on full-scenario Level 4 autonomous driving solutions, with plans to expand globally By Teri Yu Autonomous…
NEWS WRAP: RoboSense turns first quarterly profit as LiDAR market matures
The Shenzhen-based company has evolved from a high-growth startup to become a leader in advanced light detection and ranging technology By Teri Yu RoboSense Technology Co. Ltd. (2498.HK) reported…
BRIEF: WeRide pares loss on accelerating global expansion
Robotaxi operator WeRide Inc. (0800.HK; WRD.US) reported on Monday that its revenue rose 89.6% last year to 685 million yuan ($99 million), while its net loss narrowed 34.2% to 1.66…
