Currently, most autonomous cars tested on the road in the US and China still require the presence of a safety driver. Go to Source
Author: Tech In Asia Online News
India’s competition watchdog puts a brake on Hyundai-Kia $300m investment in Ola
As Ola dragged its feet on CCI ‘s directive and did not submit the report on time CCI termed the proposal as invalid. Go to Source
Grab may face $20m fine in Malaysia for breaching competition law
The Malaysia Competition Commission said that the ride-hailer hindered its drivers from promoting and providing advertising services for its competitors. Go to Source
Cambodia’s Meal Temple launches ride-hailing app in Laos
The move is one step closer to the company’s super-app goal, Meal Temple said. Go to Source
Malaysia’s iCar Asia to acquire Carmudi Indonesia for $3m
The deal is expected to close in October this year. Go to Source
Grab in talks to merge Indonesian payment firms Ovo, Dana, sources say
Discussions are still at an early stage, the sources said. Go to Source
Grab to set aside $150m to enhance AI capabilities
Grab is accelerating its expansion into food delivery, digital payments, and digital content. Go to Source
Chinese flying taxi still faces issues before commercial take-off
The two-seater, electric-powered Ehang 216 can cover a distance of about 30 km at speeds of up to 130 km/h. Go to Source
Grab to invest $500m in Vietnam to tap into fintech, mobility, logistics opportunities
The ride-hailing giant also announced its Tech For Good roadmap aligned with the country’s Socio-Economic Development Plan. Go to Source
Toyota, Pony.ai team up to build driverless fleet in China
The two companies seek to provide mobility services that are “safe for all.” Go to Source