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After dealing with things like arrests over false complaints of rental thefts and a bad EV bet that’s seen a massive sale of a bunch of cheap Teslas, Hertz has another problem on its hands, at least at one of its locations. Workers at a Hertz in Syracuse, New York, abandoned their posts, resulting in […]
On November 15, China’s autonomous driving startup Pony.ai submitted its red herring prospectus and launched its IPO. It will be listed on Nasdaq under the stock code “PONY” and potentially become the world’s first publicly traded robotaxi company. Pony.ai plans to offer 15 million American Depositary Shares (ADS), priced between $11 and $13 per share, […]
Recently, Didi Autonomous Driving completed a C-round financing of $298 million, led by GAC Group with participation from Didi. The financing will be used to increase investment in autonomous driving technology research and development, accelerating the launch of the first Robotaxi mass-produced vehicle. Didi Autonomous Driving is committed to utilizing leading artificial intelligence technology to […]
Volkswagen’s ID Buzz electric vehicle represents the company’s global robotaxi platform. It’s undergoing both hardware and software updates as the company works toward a 2026 launch of commercial service. Source link
On October 18, Beijing time, Pony.ai officially submitted its IPO prospectus to the U.S. Securities and Exchange Commission (SEC), planning to list on the Nasdaq with the stock ticker “PONY”. Goldman Sachs, Bank of America Merrill Lynch, Deutsche Bank, and Huatai Securities are serving as the main underwriters. According to the China Securities Regulatory Commission’s […]
The Tesla Robotaxi is Confusing… Source link
Tesla debuted its prototype Cybercab at Thursday’s “We, Robot” event in Los Angeles. Tesla stock fell more than 9% on Friday, reducing Elon Musk’s net worth. Though his net worth dropped by about $15 billion, Musk remains the world’s richest man. Thanks for signing up! Access your favorite topics in a personalized feed while you’re […]
Image: Joe Raedle (Getty Images) A Tennessee State Trooper arrested two drivers for DUI last year, however it was later revealed that neither tested at above legal limit. An ongoing investigation shows this sort of wrongful arrest isn’t limited to one bad cop, and an overburdened review process is costing people their time, livelihoods and […]
Elon Musk’s long-awaited robotaxi unveiling failed to impress investors, causing Tesla’s stock to plummet. The event, held on October 10, 2024, at Warner Bros. Discovery studio in California, showcased two prototypes: the Cybercab and Robovan. Musk presented the Cybercab, a sedan-like vehicle without steering wheels or pedals, expected to cost under $30,000. The Tesla CEO […]
QOTD: Will Tesla’s Robotaxi Promises Prove True? | The Truth About Cars You may also be interested in Source link