Singapore-headquartered electric scooter startup Neuron Mobility has raised $12 million in a Series A+ funding round co-led by returning Australian venture capital firm Square Peg, and GSR Ventures, according to an announcement. This new round brings the company’s total Series A funding to $30.5 million. Last December, Neuron Mobility raised $18.5 million in its Series… Continue reading SG’s Neuron Mobility raises $12m Series A+ from existing backers
Tag: Didi
China’s Didi, BYD to launch co-designed ride-hailing EV this year
China’s ride-hailing giant Didi Chuxing and electric vehicle maker BYD plan to launch this year a test batch of a vehicle they have designed for ride-hailing services, people familiar with the matter said. BYD received approval from China’s Ministry of Industry and Information Technology to sell an electric sedan model called D1 last month, according to government… Continue reading China’s Didi, BYD to launch co-designed ride-hailing EV this year
China’s Didi, BYD to launch co-designed ride-hailing EV: sources
By Yilei Sun, Brenda Goh 3 Min Read Slideshow ( 2 images ) BEIJING (Reuters) – China’s ride-hailing giant Didi Chuxing and electric vehicle maker BYD plan to launch this year a test batch of a vehicle they have designed for ride-hailing services, people familiar with the matter said. BYD received approval from China’s Ministry… Continue reading China’s Didi, BYD to launch co-designed ride-hailing EV: sources
Uber plans to sell part of stake in China’s Didi Chuxing
Uber Technologies Inc is planning to sell part of its $6.3 billion stake in Chinese ride-hailing firm Didi Chuxing to raise cash, Bloomberg News reported https://bloom.bg/2RAViKg on Thursday, citing people familiar with the matter. CEO Dara Khosrowshahi is in talks about the sale with Didi and SoftBank Group Corp, with a possible scenario of the Japanese conglomerate teaming up with other investors to acquire Uber‘s 15% stake in Didi, according to… Continue reading Uber plans to sell part of stake in China’s Didi Chuxing
China Evergrande New Energy Vehicle to raise $516m from Tencent, Sequoia, others
China Evergrande New Energy Vehicle Group Ltd said on Tuesday investors including Tencent Holdings Ltd and Sequoia Capital will buy HK$4 billion ($516.12 million) worth of company shares in a share sale. The electric vehicle unit of property developer China Evergrande said its controlling shareholder plans to sell 176.58 million existing shares, or about 2%… Continue reading China Evergrande New Energy Vehicle to raise $516m from Tencent, Sequoia, others
Volkswagen to test autonomous vehicles in Chinese city Hefei
FILE PHOTO: A logo of German carmaker Volkswagen is seen on a car parked on a street in Paris, France, July 9, 2020. REUTERS/Christian Hartmann/File Photo BEIJING (Reuters) – Volkswagen AG (VOWG_p.DE) said on Wednesday it will start testing autonomous vehicles in China’s eastern city of Hefei, its first in the world’s biggest car market.… Continue reading Volkswagen to test autonomous vehicles in Chinese city Hefei
AutoX Launches Robotaxi Fleet in Shanghai
The company will begin by deploying a fleet of 100 robotaxis. Photo via Marianna/Flickr. Autonomous vehicle company AutoX signed a partnership with the City of Shanghai at the the World Artificial Intelligence Conference, to jointly launch the first commercial robotaxi fleet in China. The company will begin by deploying a fleet of 100 robotaxis. In June,… Continue reading AutoX Launches Robotaxi Fleet in Shanghai
Estonian ride-hailer Bolt launches in Thailand with better rates
BANGKOK (Reuters) – Bolt, a popular ride-sharing system in Eastern Europe and Africa, said on Wednesday it has rolled out its platform in Thailand as competition intensifies among Southeast Asian ride-hailers with cities gradually emerging from the lockdown. Bolt, backed by Daimler and China’s Didi Chuxing, said its pilot venture in the Thai capital has… Continue reading Estonian ride-hailer Bolt launches in Thailand with better rates
In a robot taxi through Shanghai
While waiting for the robot, old taxi stories come to mind. When the driver on the way home asked the “Bar Rouge” to charge five times the price and then asked for a fist fight. The drive from the airport in Pudong when the driver reported the three apartments he had bought in central Shanghai… Continue reading In a robot taxi through Shanghai
Didi Chuxing Launches New Economy Ride-Hailing
The service has been in pilot operation in select cities of Guizhou and Shandong. Photo via Didi. China’s Didi Chuxing is launching Huaxiaozhu, a new economy ride-hailing service targeting new market segments, primarily younger users. Incubated internally by an independent unit, Huaxiaozhu leverages Didi’s existing driver pool and operates by the same set of safety… Continue reading Didi Chuxing Launches New Economy Ride-Hailing