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DIDI AUTONOMOUS DRIVING
WeRide, Lenovo team up to scale 200,000 robotaxis by 2031Chinese tech firms WeRide and Lenovo are set to deploy 200,000 autonomous vehicles worldwide in the next five years. This ambitious collabo...- China's Didi, GAC Aion to mass produce robotaxis next yearDidi Global and GAC Aion's joint venture, Andi, has the license to mass produce electric robotaxis in China, aiming to introduce a crossove...
- Making self-driving cars future-ready! Shared autonomous vehicles can fix traffic congestion problemAutonomous cars are expected to plan their trajectory and navigate using advanced tech.
- Didi to cut up to 20% of jobs before Hong Kong listingMost of the company’s core businesses will be affected by the cuts, which are aimed at reducing expenses ahead of the Hong Kong listing, pe...
- Timeline: Didi Global's short-lived journey as a US-listed companyDidi's decision to delist in the U.S. comes as a deepening regulatory crackdown wiped billions of dollars off the ride-hailing giant's valu...
- China's Didi says app takedown may hurt revenueThe removal of Didi's app, which does not affect existing users, comes days after Didi made its trading debut on the New York Stock Exchang...
- China investigates Didi over cybersecurity days after its huge IPODidi's debut on Wednesday was the biggest U.S. listing by a Chinese company since Alibaba Group Holding Ltd in 2014.
- China probes Didi Chuxing for antitrust violations ahead of US IPOThe investigation into IPO-bound Didi Chuxing is the latest in a sweeping crackdown on Chinese technology companies, including Alibaba Grou...
- China's ride-hailing giant Didi sets stage for mega New York floatThe company - backed by Asia's largest technology investment firms, SoftBank, Alibaba and Tencent - did not reveal the size of the offering...
- Lyft sells self-driving tech unit to Toyota for $550 millionThe acquisition of Level 5 automation will provide Toyota access to the U.S. ride-hailing firm's more than 300 employees of the essentially...
- Volvo to provide cars for Didi Chuxing's self-driving test fleetVolvo will provide XC90 SUVs equipped with backup steering and braking systems that DiDi Autonomous Driving will integrate with Didi Gemini...
- Didi Chuxing close to raising $1.5 billion for trucking unitA $1.5 billion funding round will push Didi Chuxing beyond its fundraising target for Didi Freight, even as investors count on Chinese econ...
- China's Baidu to create an intelligent EV company with automaker GeelyGeely will also be a strategic investor in the new company, which will be an independent subsidiary of Baidu.
- Uber to sell Southeast Asia unit to Grab: ReportThe move may help the ride-hailing company cut back costs in preparation for an IPO - possibly next year.
- Billionaire Son bets on a world without car crashesWhile Son's seemingly random holdings perplex analysts, one consistent theme is his backing of the ride-hailing giants. SoftBank is among t...
- Larry Page vs Masayoshi Son: The ride hailing race is now a battle between billionairesAlphabet Inc., led by Larry Page, just backed Lyft Inc., while SoftBank Group Corp. chief Masayoshi Son is set to take a big stake in large...
- How Tesla's Elon Musk spurned Uber's offer on self-driving carsKalanick pitched Musk on teaming up against Apple, according to Wild Ride, a book by Fortune magazine’s Adam Lashinsky scheduled for releas...
- Dear Uber, Didi is coming for you with record fundingDidi has powerful supporters of its vision, including SoftBank Group Corp., whose founder Masayoshi Son is famous for making big bets.
- With record funding & partnerships in countries like India, Didi is now gunning for UberDidi's record funding round is said to value the company at more than $50 billion and gives it a war chest to ramp up efforts to harness ar...
- Didi Chuxing may become most valuable startup in China post $5 billion dealDidi counts more than a whopping 100 investors as backers - including Tencent, Alibaba, Tiger Global and China’s sovereign wealth fund Chin...
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