BRIEF: Baidu to issue yuan-denominated notes
Chinese internet giant Baidu Inc. (9888.HK, BIDU.US) said on Monday it plans to offer yuan-denominated unsecured senior notes in offshore transactions outside the U.S. The company plans to use proceeds…
Pony AI pulls ahead of WeRide in China robotaxi race
Both companies notched an important new advance last week when Shanghai unveiled a major expansion to its robotaxi program Key Takeaways: Pony AI, WeRide and Baidu were among groups awarded…
China’s robotaxi commercialization faces hidden barriers
Key hurdles have shifted from purely technological breakthroughs to feasible business models and implementation of policy and regulatory frameworks By Lead Leo Research Institute In 2025, China’s robotaxi industry…
BRIEF: WeRide launches 24-hour robotaxi service in Guangzhou
Robotaxi operator WeRide (WRD.US) on Wednesday said it launched China’s first 24-hour robotaxi network covering the core areas of a major tier-one city, starting with eight pilot routes in downtown…
BRIEF: Baidu’s Apollo partners with CAR Inc. on autonomous vehicle rentals
Baidu Inc.’s (BIDU.US; 9888.HK) Apollo autonomous driving platform said on Thursday it has signed a deal to jointly launch China’s first autonomous vehicle rental service in a new partnership with…
BRIEF: Uber to offer Momenta robotaxi service, starting in Europe
Autonomous driving technology company Momenta will offer robotaxi service over Uber’s (UBER.US) ride hailing platform in markets outside the U.S. and China, starting with an unspecified European market, the two…
Chenqi keeps racking up losses in congested China ride-hailing race
The shared economy platform bled more red ink last year, as its hyped robotaxi business fails to show any signs of breakthroughs Key Takeaways: Chenqi lost 564 million yuan in…
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BRIEF: Baidu to issue yuan-denominated notes
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Pony AI pulls ahead of WeRide in China robotaxi race
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