Losses, losses and more losses. How far down the road is WeRide’s profitability?
The robotaxi leader’s latest financial report shows its losses remained stubbornly high in the first half of this year, despite a substantial revenue increase Key Takeaways: WeRide reported its revenue…
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…
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.
QCraft revs up its fundraising in autonomous driving race for cash
The maker of self-driving technology solutions recently raised several hundred million yuan in its latest funding round Key Takeaways: QCraft has raised over 1 billion yuan over six funding rounds,…
Autonomous Truck Startup TuSimple Navigates Difficult Terrain Between U.S. and China
Company’s bumpy New York trading debut reflects investor indecision as it becomes world’s first autonomous driving technology firm to list Key Takeaways: TuSimple’s biggest strengths are its strong business partners…
Recent Articles
RELATED ARTICLES
-
China’s robotaxi race hits a safety pause
- Trunk Technology drives ahead in search of profits
- BRIEF: WeRide pares loss on accelerating global expansion
-
NEWS WRAP: UISEE makes Hong Kong debut, powered by autonomous driving demand
1511.HK
- Lingxing drives into congested Hong Kong ride-hailing IPO lane
-
CiDi drives beyond China with new British partnership
3881.HK
