Etiqueta: Robotaxi

Uber Technologies and Chinese automaker BYD announced a multi-year partnership on Wednesday aimed at bringing 100,000 new electric vehicles to the ride-hailing platform globally. The partnership, starting in Europe and Latin America, will offer drivers accessible pricing and financing for BYD's EVs on the Uber platform and will expand to markets in the Middle East, Canada, Australia and New Zealand, the companies said. High sticker prices for electric vehicles and increased borrowing costs have acted as barriers to EV adoption over the past two years, causing demand for such vehicles to grow at a slower-than-expected pace.

Uber plans to use 100,000 electric BYD cars on its ride-hailing platform, starting in Europe and Latin America, the two companies announced Wednesday.

Warren Buffett is paring down his investment in China’s biggest electric vehicle company. That doesn’t mean he’s about to invest in Tesla. Berkshire Hathaway, the company Buffett controls, reduced

A popular Chinese brand could soon overtake Tesla to claim the coveted battery electric vehicle crown as Elon Musk's brand struggles with waning sales. New research from Bloomberg Intelligence's Global BEV Report 2024 suggested that Tesla's longer-term success is dependent on the unveiling of a cheap, high-volume vehicle - rumoured to be the Model ...

BYD (BYDDF) has benefited from the shift in growth momentum to plug-in hybrids, expanding its market opportunity. See why I maintain my buy rating on the stock.

In a draft regulation, the Beijing government is promising support for autonomous driving tech and greater use of collected user and mapping data.