Rival robotaxi start-ups’ shares tank after Hong Kong listing
Uber-backed groups Pony.ai and WeRide fall as much as 15% as analysts raise concerns about profitability
Related reading
Why China’s robotaxi industry is stuck in the slow lane
Shares in Pony.ai and WeRide have fallen since their November debuts
Uber commits $10bn to robotaxis in strategy shift
Ride-hailing app races to make up lost ground with equity investments and vehicle order commitments
Uber hits 200mn users as profits fall short
Ride-hailing company seeks to reassure stakeholders that its business can withstand arrival of robotaxis
Uber strikes $1.25bn deal with Rivian for robotaxi fleet
Ride-hailing app to buy as many as 50,000 autonomous vehicles and invest an initial $300mn in California EV company
Uber profit falls short after $479mn legal charge despite strong growth
Ride-hailing company reassures investors that it enters busy festive period with ‘exceptional momentum’
Welcome our new robotaxi overlords
The arrival of driverless vehicles is a second chance for cities