If Tusimple does successfully go public in the US, it would be the first self-driving company in the world to do so on a major financial market.
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Posted inEvents
Pony.ai to test self-driving cars in Shanghai
Pony.ai will work with city regulators to deploy a self-driving fleet for test drives on public roads in Shanghai’s northwestern Jiading district.
Posted inTurf Wars
Li Auto may have controlled its costs in 2020 too well
Li Auto booked its first quarterly net profit in Q4 but investors are worried about underinvestment in products and self-driving technology.
Posted inUp and Comers
Robotruck firm Tusimple looks to raise $250 million
Tusimple is looking to raise a pre-IPO round to support efforts to operate without safety drivers on its self-driving rigs as early as 2021.
Posted inOn the Cusp
WeRide robotaxis now available on Alibaba’s mapping service
Robotaxis are coming into regular use as China’s leading maps app offers Weride AV hailing in Guangzhou.
Posted inUp and Comers
AV funding picks up in first half of May
The recent AV deals reveal a modest recovery of investors’ confidence around self-driving companies.
Posted inTurf Wars
Li Auto picks Nvidia over Mobileye for newest self-driving cars
Li Auto will be the first automaker to use Nvidia’s newest processor to facilitate highly autonomous driving functions for its EVs.
Posted inOn the Cusp
Pony.ai launches self-driving delivery service in California
Pony.ai has partnered with Yamibuy, an e-commerce platform that exclusively sells Asian products, to deliver in Irvine, California.
Posted inHeavy Hitters
Exclusive: Didi and AutoX are launching robotaxi pilot programs in Shanghai in May
Didi and AutoX are trying to elbow further into the crowded AV race led by Pony.ai and Baidu. Shanghai is finally starting testing.
Posted inOn the Cusp
Self-driving startup Qcraft closes seed round led by IDG
The deal marks another round of fervor around Chinese self-driving companies, as Beijing nurtures emerging technologies to shore up economic growth.
