WeRide, a $5 billion software maker, is set for an I.P.O. amid geopolitical risks and a rush by Chinese automotive tech firms to raise money in the United States.
The Taiwanese company has built a manufacturing hub in Zhengzhou, China, for its star customer Apple, but it is starting almost from scratch in the auto business.
China’s electric vehicle companies are making inroads in Thailand, a key industry hub, as Europe and the United States wield tariffs to keep them out.
After dominating sales in Thailand for decades, Mazda, Nissan and other Japanese companies are losing their grip on a market long viewed as a regional hub.
Tesla says self-driving taxis will power its growth, but the company hasn’t said when such a service would be ready or how much it would increase profits.
They can be, but it depends on your driving habits. We break it down for you.
Tesla’s drop in profit in the second quarter.
The company led by Elon Musk is selling fewer electric cars, and its big bets on driverless taxis and artificial intelligence could take many years to pay off.
The former president’s comments on E.V.s have shifted since he has grown more friendly with Elon Musk, the billionaire Tesla founder.
General Motors said the self-driving division’s cars will operate in Dallas, Houston and Phoenix after an accident last year. Human drivers will supervise the cars.