Last week, Daimler announced the formation of a joint venture (JV) with battery and auto maker BYD, named Shenzhen BYD Daimler New Technology. The two companies are investing a combined $88 million into the development of a new electric vehicle (EV) that is targeted for the Chinese market; the propo...
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News Commentary | April 27, 2022
Deeproute plans to deploy the fleet of 30 SAIC Motor Marvel R SUVs in Shenzen, China, in the next few months. The vehicles are equipped with Deeproute's Level 4 solution called Driver 2.0. The company claims its solution is designed specifically for mass production and adoption and expects to reduce... Not part of subscription
News Commentary | May 06, 2022
The Series A funding round was led by Ruqi Mobility's holding company, Guangzhou Automobile group, and included autonomous vehicle (AV) companies Pony.ai and WeRide among others. Ruqi intends to use the capital to develop its robotaxi services by expanding its fleet to over 200 vehicles by the end ... Not part of subscription
News Commentary | May 19, 2022
Argo employees can ride in a company driverless robotaxi on the streets of Miami and Austin, using an internal ridehailing app. Argo did not disclose when it would begin commercial operations. Previous Argo autonomous vehicle tests included safety drivers. Miami and Austin now join Phoenix and San ... Not part of subscription