Chinese tech company Baidu announced Monday it can sell some robotaxi rides without any human staff in the vehicles. Baidu BEIJING — Chinese tech company Baidu is reporting slower growth in its Apollo Go robotaxi rides than in prior quarters. Figures Baidu reported Thursday showed the number of robotaxi rides operated publicly grew by 26%… Continue reading Baidu reports slower growth in robotaxi rides
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Waymo says it has doubled its weekly paid robotaxi trips to 100,000 since May
A Waymo autonomous self-driving Jaguar taxi drives along a street on March 14, 2024 in Los Angeles, California. Mario Tama | Getty Images Waymo is now providing more than 100,000 paid robotaxi rides per week in the U.S., according to a LinkedIn announcement by co-CEO Tekedra Mawakana. That’s double the 50,000 weekly paid trips the… Continue reading Waymo says it has doubled its weekly paid robotaxi trips to 100,000 since May
Workiz Ranks Among the Leaders of 2024 on Inc.’s 5000 list
The leading field service management solution reshaping the landscape and accelerating growth and innovation has been made the prestigious list of the fastest-growing companies in America for the third time with a three-year revenue growth of 601% SAN DIEGO, Aug. 20, 2024 /PRNewswire/ — Workiz, the leading field service management and communication software, was recently… Continue reading Workiz Ranks Among the Leaders of 2024 on Inc.’s 5000 list
Waymo is developing a roomier robotaxi with less-expensive tech
Waymo announced their sixth generation self-driving car. Alphabet-owned Waymo revealed details about its newest “generation 6” self-driving technology on Monday. Its new driverless tech, integrated into Geely Zeekr electric vehicles, should be able to handle a wider array of weather conditions without requiring as many costly cameras and sensors on board. The company invited CNBC… Continue reading Waymo is developing a roomier robotaxi with less-expensive tech
Chinese robotaxi firm WeRide eyes US IPO at up to $5b valuationWeRide is aiming to raise $119.4m in the IPO.
China-based autonomous driving startup WeRide said on Friday it was seeking a valuation of as much as $5.02 billion in its initial public offering in the United States. The IPO announcement comes at a time when the Biden administration is expected to propose barring Chinese software in autonomous vehicles in the United States in the coming weeks.… Continue reading Chinese robotaxi firm WeRide eyes US IPO at up to $5b valuationWeRide is aiming to raise $119.4m in the IPO.
US proposes banning Chinese software in autonomous vehicles: Report
The US Commerce Department is slated to put forth banning Chinese software in autonomous and connected vehicles in the next few weeks, persons in the know informed Reuters. The Biden administration is looking at issuing a rule that would forbid Chinese software in vehicles in the United States of America, with Level 3 automation and… Continue reading US proposes banning Chinese software in autonomous vehicles: Report
Driverless vehicles to lift battery swapping
Visitors check out NIO charging piles during an international automobile expo in Changchun, Jilin province, in July. The company aims to build 1,000 battery swapping stations in China in 2023, bringing the total number to 2,300 by this year-end. [Photo provided to China Daily] A boom in autonomous vehicles is expected to usher in fresh… Continue reading Driverless vehicles to lift battery swapping
Uber to start using BYD cars in Europe, Latin America and develop ‘autonomous-capable vehicles’
BYD launched the BYD Seal in Europe at the IAA auto show in Munich, Germany. The electric sedan has a starting price of 44,900 euros ($48,479). Arjun Kharpal | CNBC BEIJING — Uber and BYD announced Wednesday that drivers on the ride-hailing platform can get pricing and financing deals for the Chinese company’s electric cars,… Continue reading Uber to start using BYD cars in Europe, Latin America and develop ‘autonomous-capable vehicles’
Self-driving tech company WeRide accelerates global expansion as transportation industry adopts AI
BEIJING, CHINA – JULY 11: People take photos of WeRide Robobus, a fully-driverless shuttle capable of SAE Level 4 autonomous driving, at Beijing High-level Autonomous Driving Demonstration Area on July 11, 2024 in Beijing, China. (Photo by Jia Tianyong/China News Service/VCG via Getty Images) China News Service | China News Service | Getty Images Self-driving… Continue reading Self-driving tech company WeRide accelerates global expansion as transportation industry adopts AI
China’s Dida sets price for Hong Kong IPO, to raise $30mAt the final price, Dida will be valued at about $770 million.
China ride-sharing app operator Dida has priced its shares at HK$6 each to raise US$30 million in its Hong Kong initial public offering, two people with direct knowledge of the matter said on Wednesday. The people spoke on condition of anonymity to discuss confidential information. The Beijing-based firm sold 39.1 million shares in the IPO,… Continue reading China’s Dida sets price for Hong Kong IPO, to raise $30mAt the final price, Dida will be valued at about $770 million.