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Leading autonomous driving companies like WeRide, Baidu, and Pony.ai continue to report losses. Experts predict that achieving profitability could take several more years, with some
Former Waymo CEO John Krafcik told BI that Tesla has yet to demonstrate a single fully-autonomous ride that generates revenue.
Wayve co-founder and CEO Alex Kendall sees promise in bringing his autonomous vehicle startup's tech to market. That is, if Wayve sticks to its strategy
Wing LLC, a technology-driven transportation and data analytics company specializing in passenger vehicle rentals, rent-to-own programs, and Data-as-a-Service (DaaS) solutions, has signed a strategic partnership with Purdue University's Mechanical Engineering Department to advance autonomous vehicle (AV) research and smart city mobility initiatives.
Meanwhile, Baidu's autonomous Ride-Hailing service, Apollo Go, has established itself as the leader in China's autonomous mobility sector. By February 2025, Apollo Go's autonomous ride-hailing service have achieved fully driverless operations across China, eliminating the need for safety drivers on board.
SINGAPORE] ComfortDelGro has commenced operations for its first robotaxi programme in Guangzhou, China, in partnership with Nasdaq-listed autonomous vehicle (AV) company Pony AI. Read more at The Business Times.
As artificial intelligence reshapes global industries, the transportation sector is undergoing a profound transformation. Autonomous driving technology is accelerating towards large-scale deployment,
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