Tag: Didi

Chinese electric vehicle maker develops new kind of delivery car

BEIJING — In China, where demand for home delivery services is growing rapidly and the working-age population is declining, the workloads of delivery drivers will only increase. Delivery drivers usually use three-wheeled electric vehicles, which are cheap and zippy and have relatively high capacity. But these vehicles have obvious flaws. They are larger than electric… Continue reading Chinese electric vehicle maker develops new kind of delivery car

Alibaba-backed autonomous car firm AutoX starts driverless testing

By Yilei Sun, Brenda Goh 2 Min Read FILE PHOTO: A sign of Alibaba-backed autonomous driving startup AutoX is seen on a modified Chrysler Pacifica minivan in Shenzhen, Guangdong province, China October 31, 2020. REUTERS/Yilei Sun BEIJING/SHANGHAI (Reuters) – Chinese autonomous vehicle startup AutoX, backed by Alibaba Group Holding Ltd, said on Thursday it has… Continue reading Alibaba-backed autonomous car firm AutoX starts driverless testing

Didi Chuxing, BYD roll out first customised electric vehicle for ride-hailing services

China’s Didi Chuxing and electric vehicle maker BYD on Monday launched their purpose-built D1 van model for ride-hailing services, the first model the ride-hailing giant has unveiled since it said it was working on such a vehicle in 2018. SoftBank-backed Didi and Shenzhen-based BYD, which is backed by U.S. investor Warren Buffett, started to jointly design and… Continue reading Didi Chuxing, BYD roll out first customised electric vehicle for ride-hailing services

China’s Didi Chuxing, BYD roll out customized car model for ride-hailing service

By Reuters Staff 1 Min Read Slideshow ( 2 images ) BEIJING (Reuters) – China’s Didi Chuxing and electric vehicle maker BYD on Monday launched their purpose-built D1 van model for ride-hailing services, the ride-hailing giant’s CEO Will Cheng said on Monday. SoftBank-backed Didi and Shenzhen-based BYD, which is backed by U.S. investor Warren Buffett,… Continue reading China’s Didi Chuxing, BYD roll out customized car model for ride-hailing service

German Manager Magazin: Electric scooter: Bolt wants to overtake Tier Mobility and Uber with 100 million euros000326

The from Daimler-Group-supported mobility provider Bolt announces an electric scooter offensive. The start-up from Estonia will invest more than 100 million euros in 2021 to become the largest e-scooter rental company in Europe. The rival of Uber and the Berlin start-up Tier Mobility said it wanted to bring 130,000 scooters to more than 100 cities… Continue reading German Manager Magazin: Electric scooter: Bolt wants to overtake Tier Mobility and Uber with 100 million euros000326

Chinese ride-hailing firm Shouqi Yueche raises Series C funding

Ride-hailing platform Shouqi Yueche has raised ‘hundreds of millions of US dollars’ in its Series C funding round from a clutch of investors, per local media reports.  The names of the investors have not been disclosed. The company last raised as much as 700 million yuan ($105 million) in its Series B+ funding round in November… Continue reading Chinese ride-hailing firm Shouqi Yueche raises Series C funding

How GM’s $19 billion self-driving subsidiary Cruise trains its cars to have ‘super-human’ capabilities

Creating a fully-autonomous vehicle is one of the most difficult technological challenges facing developers today. The machines have to be able to respond in milliseconds to litany of external sources, including other drivers on the road and pedestrian activity.   The $19 billion General Motors subsidiary Cruise relies on a continuous learning machine to help train… Continue reading How GM’s $19 billion self-driving subsidiary Cruise trains its cars to have ‘super-human’ capabilities

Chinese Car Pool And Taxi Booking App Dida Chuxing Aims Hong Kong IPO

On the evening of October 8th, Dida Chuxing formally submitted a prospectus to the Hong Kong Stock Exchange, intending to be listed on the Hong Kong Stock Exchange. If completed, it would be the first Chinese car hailing company to list publicly. As an online car-hailing platform with taxis and ride-hailing as its core business,… Continue reading Chinese Car Pool And Taxi Booking App Dida Chuxing Aims Hong Kong IPO

Didi Chuxing, WhatsApp Partner for Ride-Hailing in Brazil

The service is currently available in four cities in the state of São Paulo and is expected to include the entire country by the end of the year. Photo via Pxfuel. Chinese mobility group Didi Chuxing has partnered with Facebook-owned WhatsApp to provide ride-hailing in Brazil, Reuters reports. Operated by Brazilian service 99, the partnership… Continue reading Didi Chuxing, WhatsApp Partner for Ride-Hailing in Brazil