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China’s WeRide drives towards ‘ubiquitous’ robotaxi service after Hong Kong listing

Chinese self-driving technology firm WeRide, fresh off raising HK$2.39 billion (US$307 million) in a Hong Kong share sale, plans to…

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New Business

Chinese robotaxi firms Pony.ai, WeRide on road to Hong Kong IPOs after regulator nod

Pony.ai and WeRide, two leading robotaxi operators in mainland China, have taken their first steps towards share offerings on the…

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New Business

Pony.ai to roll out autonomous robotaxis with ComfortDelGro in Singapore’s Punggol area

Pony.ai will deploy robotaxis in Singapore in the coming months, as the Chinese autonomous driving technology company takes a tentative…

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New Business

China to have 300,000 driverless taxis in 4 top-tier cities by 2030: UBS

China is likely to see 300,000 driverless cabs operate in its four top-tier cities as early as 2030, buoyed by…

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New Business

Driverless taxis in mainland China could control more than 6% of the market: HSBC

Driverless cabs in China could account for 6 per cent of the country’s total taxi market, aided by advanced digital…

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New Business

Baidu’s robotaxi service completes 11 million rides as company beats earnings expectations

Chinese internet search giant Baidu said on Wednesday that its Apollo Go robotaxi service has provided more than 11 million…

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New Business

Third time lucky? Richard Li’s insurer FWD files to list in Hong Kong amid rising IPO wave

FWD Group Holdings, the insurer backed by tycoon Richard Li Tzar-kai, filed for a share offering in Hong Kong just…

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New Business

Sci-fi to reality: Chinese EV makers outpace Tesla in the autonomous-driving race

Last week, Yale Dong finally got his chance to test Tesla’s much-heralded Full Self-Driving (FSD) autonomous navigation feature in China.…

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