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Facing roadblocks, China’s robotaxi darlings apply the brakes
A few years ago, robotaxis were the darlings of venture capitalists in China. A cadre of audacious startups, including Deeproute.ai, WeRide.ai, Pony.ai and Momenta reeled in hundreds of millions of dollars to fuel their costly ambitions. With pockets overflowing, they spent generously on building self-driving vehicle fleets. Their geeky executives, swapping T-shirts for sharp suits,…
XPeng starts removing HD maps from Tesla FSD-like feature in China
XPeng is often called the Chinese challenger to Tesla for its efforts to bring advanced driving capabilities to its electric vehicles. It’s now getting a step closer to its American…
Alibaba-backed autonomous driving darling Deeproute sets sight on Europe carmakers
Deeproute.ai, the Shenzhen-headquartered robotaxi startup with $350 million in funding and over 500 employees worldwide, is aiming to open an operations center in Germany in 2024. The move will make it yet…
