The release of China’s first guidelines for commercial services of robotaxis could establish a state framework for self-driving tech.
The launch marks a first milestone for the world’s largest maker of consumer drones in its push into the Chinese EV space.
This is the latest example of German auto firms strengthening their in-car software offerings in the face of competition from Tesla and local peers like Huawei.
The partnership is the latest example of driverless tech firms rushing to work with more consumer-facing companies.
The investment in Horizon reflects Chinese automakers’ growing anxiety about the ongoing semiconductor shortage.
Automakers in China is struggling to regain the momentum lost during a citywide lockdown in Shanghai that began in late March.
Nickel price surge could further increase the cost of electric vehicles and force automakers to cut earnings forecasts.