Autonomous Driving

Chinese bike-sharing company Hellobike announced September 17 that its robotaxi division has secured strategic investment from Alibaba Group Holding Ltd., marking a deepened partnership to accelerate commercialization of autonomous ride-hailing services through joint development of AI models and computing platforms. The investment builds on existing collaboration between the

Chinese lidar manufacturer Hesai Technology Co. jumped as much as 10.4% in its Hong Kong trading debut, signaling renewed investor appetite for Chinese companies seeking dual listings amid a two-year lull in such offerings. The Shanghai-based company's shares opened at HK 235 per share,valuing

The autonomous delivery vehicle market is experiencing unprecedented price competition, with vehicle costs dropping from around RMB 1 million yuan (US$ 140,000)in 2018 to below RMB 20,000 yuan in 2025. Leading manufacturers are now offering zero down payment plans and lifetime free full self-driving (FSD) services

Global LiDAR leader Hesai Group is launching a Hong Kong initial public offering, pursuing a dual listing to fuel growth just as it reaches a critical profitability milestone while navigating intense competition and geopolitical headwinds. The Shanghai-based company, already listed on Nasdaq since February 2024, plans to offer 17

Shares of Baidu Inc. surged to six-month highs after a Goldman Sachs report underscored the company's commanding lead in the robotaxi market and robust growth in its artificial intelligence divisions. The Chinese tech giant's U.S.-listed shares closed up nearly 4% in the previous

Chinese autonomous driving chipmaker Horizon Robotics has set an ambitious goal to deploy 10 million units of its advanced driver-assistance system, aiming to bring high-end intelligent driving features to China's mass-market vehicles and create an affordable alternative to premium offerings. The 3-to-5-year

WeRide Inc., a leading Chinese autonomous driving company, has launched its Robotaxi service in Singapore, marking a significant step in its Southeast Asian expansion and the region's first introduction to Level 4 autonomous passenger vehicles. The deployment is central to a strategic partnership with ride-hailing giant Grab

A new, free-of-charge robotaxi service connecting the Shanghai International Tourism and Resorts Zone to Pudong International Airport was launched on August 20, a significant step in the city's push to commercialize autonomous vehicle technology. The Level 4 autonomous route is operated by IM Motors, the electric

* Strong Top-Line Growth: Q2 revenue surged 75.9% YoY to ¥154 million ($21.5M), driven by accelerating commercialization efforts. * Robotaxi Revenue Booms: The core Robotaxi business segment saw revenue spike 157.8% YoY to ¥10.9 million, with passenger fares alone growing over 300%. * A Crucial Profitability Milestone: The