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…
Uber’s Chinese robotaxi romance, and Webull’s strong debut
Uber has signed new alliances with Chinese robotaxi operators Momenta and Pony AI, and fortified an existing partnership with WeRide. Why the sudden embrace of Chinese robotaxis? And Webull's stock has charged from the gate with massive gains following its SPAC listing. What's driving this company, which is an unusual hybrid of a U.S.-based business with strong China ties?
BRIEF: Uber taps Chinese partners to accelerate global robotaxi expansion
Ride-hailing platform Uber (UBER.US) is ramping up its efforts in the robotaxi space, teaming up with a growing number of operators to promote the driverless service. Following its announcement this…
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…
BRIEF: Effusive Singapore deputy PM paves way for Baidu’s Apollo Go to come to the city
Singaporean Deputy Prime Minister Heng Swee Keat on Tuesday said his country would welcome Baidu Inc. (BIDU.US; 9888.HK) to bring its Apollo Go robotaxi service to the Southeast Asian city,…
VIDEO BRIEF: Baidu accelerates in AI as robotaxi service gains speed
Baidu maintained its quarterly revenue at $4.7 billion and its Apollo Go autonomous driving unit logged over 1.1 million rides in the quarter.
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