CiDi drives beyond China with new British partnership
The company will supply its autonomous mining trucks and related technology to MMD Group, as it seeks to cultivate the international market Key Takeaways: CiDi announced a new partnership to…
BRIEF: Black Sesame slips into the red on AI spending
Autonomous driving chipmaker Black Sesame International Holding Ltd. (2533.HK) announced on Thursday its revenue for 2025 exceeded 800 million yuan ($116 million), up more than 68.7% year-on-year. It said it…
With BYD backing, autonomous EV mining truck maker Boonray drives toward IPO
The Shanghai-based company is second only to Eacon Group in autonomous mining solutions and first in self-driving electric mining trucks Key Takeaways: Boonray has filed for a Hong Kong IPO,…
BRIEF: Cidi stumbles in Hong Kong trading debut
Shares of autonomous mining truck maker Cidi Inc. (3881.HK) opened flat in their Hong Kong trading debut on Friday, then edged down to close 8.4% below their offer price at HK$260 by…
BRIEF: EHang revenue plunges in first quarter, explores second listing
EHang Holdings Ltd. (EH.US) on Monday reported its revenue plunged in the first quarter, as it sold just 11 of its autonomous aerial vehicles it is trying to commercialize after…
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.…
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…
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