A Xiaomi symbol is found at a Xiaomi store on June 22, 2021 in Shanghai, China. Wang Gang | Visual China Team | Getty Visuals GUANGZHOU, China — Chinese electronics…
Tag: firm
China’s WeRide makes first acquisition — an autonomous trucking firm
WeRide robotaxis driving close to the southern Chinese town of Guangzhou. The start out-up commenced screening robotaxis in the city in 2019. WeRide GUANGZHOU, China — Chinese driverless vehicle start-up…
Driverless car firm Pony.ai hires JP Morgan exec as its first CFO
Pony.ai self-driving vehicles operate alongside a highway for the duration of a demo operate on February 1, 2018 in Guangzhou, China. VCG | Visual China Group | Getty Images GUANGZHOU,…
China autonomous driving firm WeRide valued at $3.3 billion after funding
A fleet of WeRide robotaxis are pictured. The corporation has been screening its robotaxis in the southern Chinese metropolis of Guangzhou since 2019. WeRide GUANGZHOU, China — Autonomous driving enterprise…
Aviation firm Lilium to go public through SPAC deal with ex-GM exec
Lilium’s five-seater air taxi, the Lilium Jet, can be viewed traveling at an airfield in southern Germany in new footage launched by the organization. Lilium German aviation start-up Lilium has…
British EV firm Arrival (ARVL) stock sinks in SPAC debut
LONDON — British electrical auto producer Arrival began buying and selling on the Nasdaq Thursday subsequent a merger with a U.S. blank-test firm. The business finalized its blend with CIIG…
Shares of SPAC for EV firm Lucid plummet another 20% Wednesday
Exterior of the Lucid Air sedan, which debuted Sept. 9, 2020 as the firm’s to start with manufacturing motor vehicle. Lucid Shares of Churchill Cash IV plummeted for a next…
Alexis Ohanian’s VC firm raises new $225M fund
(CNN Business) — Reddit cofounder Alexis Ohanian’s venture capital firm has raised an additional $225 million to invest in early-stage startups. It is the fourth and largest fund raised…