Smart driving equality: A battle for control of an emerging industry
As smart driving features trickle down to budget cars, the balance of power is shifting to automakers and away from their technology suppliers By Lee Shih Ta China’s autonomous…
Seyond may get stuck in slow-moving SPAC lane to Hong Kong listing
The maker of autonomous driving LiDAR sensors has agreed to a backdoor-listing deal under a 3-year-old Hong Kong SPAC program that has yet to gain much traction Key Takeaways: Seyond…
Hesai zooms ahead in third quarter, setting stage for milestone year
The autonomous driving sensor technology company posted 183% shipment growth in the third quarter and is rapidly approaching year-end profitability Key Takeaways: Hesai’s third quarter revenue rose 21.1% year-on-year to…
DeepRoute.ai gets $100 million charge from auto investor
The company is one of the few from an increasingly crowded autonomous driving sector to raise new private funding in the last two years, as many of its peers make…
When will profits arrive for RoboSense?
The maker of autonomous driving LiDAR technology reported sequentially improving sales in its operating data for the first nine months of this year Key Takeaways: RoboSense’s unit sales for its…
WeRide drives into Uber partnership, as U.S. listing plan idles
The robotaxi operator will offer its service to Uber users starting in the UAE, though the pair don’t plan to work together in the U.S. or China for now Key…
WeRide merges into crowded field of autonomous driving IPOs
The robobus and robotaxi maker hopes to win over investors with its early-mover status and autonomous driving permits for 30 cities in seven countries Key Takeaways: WeRide has filed for…