NewsSelf-driving truck developer Inceptio Technology raises USD 270 million from JD and MeituanAutonomous trucks may be on the road in China by the end of 2021. 1 min read
Automakers like SAIC Motor use the startup’s self-driving system, which utilizes 4D millimeter-wave technology. NewsAutonomous driving startup G-PAL bags pre-Series A from Xiaomi and Baidu’s investment arms2 mins read
The Chinese drone maker is making a second push into an increasingly narrow lane packed with the country’s other ambitious autonomous vehicle makers. InsightsDJI’s autonomous vehicle ambitions have yet to materialize6 mins read
The Cairo-born startup has raised over USD 100 million to date and aims to grow its annual gross revenue to USD 1 billion by 2025. NewsRide-sharing startup Swvl is going public via SPAC at a valuation of USD 1.5 billion4 mins read
The used car market in India is expected to reach 8.2 million units by FY 2025, which will make it twice as big as the new car segment. NewsIndian ride-hailing unicorn Ola to enter used car retailing: Report3 mins read
Yet, the Didi-wannabes are looking at a very limited time frame. InsightsDidi’s Nasdaq stumble fueled another ride-hailing market grab in China6 mins read
Never mind the fact that the company still can’t mass-produce its cars. NewsContentious EV startup Faraday Future is now a Nasdaq-listed company3 mins read
The company has raised USD 297 million via equity and debt funding from Accel, Apoletto Asia, B Capital, Goldman Sachs, and e-commerce retailer Flipkart. NewsIndia’s Uber for trucks, BlackBuck, reaches unicorn status with latest USD 67 million funding2 mins read
The robotaxi race in China is heating up as startups scale their pilot programs to eventually commercialize the service. NewsDeepRoute.ai begins robotaxi trials with 20 vehicles in downtown Shenzhen2 mins read