Hesai eyes next big thing with robotics initiatives
The LiDAR technology specialist is jumping on the fast-moving humanoid robot bandwagon with its latest strategic growth initiative Key Takeaways: Hesai has begun generating revenue from robotic actuation modules, while…
Losses, losses and more losses. How far down the road is WeRide’s profitability?
The robotaxi leader’s latest financial report shows its losses remained stubbornly high in the first half of this year, despite a substantial revenue increase Key Takeaways: WeRide reported its revenue…
Seyond and Giga partner in freight logistics
LiDAR manufacturer Seyond Holdings Ltd. (2665.HK) said on Tuesday that it has signed a three-year memorandum of understanding with Giga.AI Technology. The partnership will jointly promote the intelligent upgrade of…
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…
