BRIEF: Black Sesame’s revenue jumps more than 50%
Intelligent driving technology company Black Sesame International Holding Ltd. (2533.HK) said on Monday that its 2024 revenue jumped 51.8% year-on-year to 474 million yuan ($65.5 million), as the company reported a net…
Horizon’s lead grows in smart driving race with new product rollouts
The provider of advanced driver assistance systems (ADAS) and autonomous driving (AD) technology said its revenue rose 53.6% last year Key Takeaways: Horizon Robotics’ revenue rose 53.6% last year, as…
TuSimple Looks to Decouple From China. Others to Follow?
Autonomous truck technology company is reportedly looking to sell its China business for about $1 billion Key Takeaways: Autonomous truck company TuSimple is reportedly looking to spin off its China…
TuSimple Stuck in Low Revenue, Loss-Making Zone as It Eyes First Driverless Truck Trips
Company aims for first fully autonomous journeys before the end of the year but faces stiff competition and an uphill battle to commercialize Key takeaways: TuSimple’s third-quarter loss widened as…
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