The world of autonomous vehicles just got a lot more interesting. Well-financed startup WeRide, which recently secured the majority of autonomous-vehicle licenses in Guangzhou, has formed a new joint venture to launch “RoboTaxis” in the provincial capital – possibly by as soon as next year.
What’s most interesting about the announcement is that it seems WeRide is, to use horseracing parlance, “changing jockeys in the middle of a race”. It had announced last September that it would launch the RoboTaxi service together with Baiyun Taxi, which has a fleet of more than 10,000 cars, and Guangzhou Auto Corp., the country’s second-biggest carmaker. In the latest announcement, there is no mention of GAC. Instead, the third partner of the JV is a state-owned company known for developing industrial parks, SCI (Guangzhou) Group.
Continue reading RoboTaxi venture reshuffles in Guangzhou
Greater Bay Ventures has launched its GreaterBayX “scalerator” program, focused on urban mobility and smart city businesses. Founded by entrepreneur Tony Verb, the growth stage, cross-border accelerator program focuses on technology, innovation and IP that have mobility-related applications under the “urban tech with impact” theme.
Continue reading Greater Bay X ‘scalerator’ launched
OnTime, a ride-hailing platform backed by Tencent Holdings and Guangzhou Automobile Group, will become the latest player to enter China’s mobility market, the world’s biggest, when it rolls out services later this month, reports the South China Morning Post.
The Guangzhou-based start-up, positioning itself as a new challenger to the market leader Didi Chuxing, will begin services in the city before expanding in the Greater Bay Area. To kick start the service, OnTime announced that users would be able to hail a ride for a mere RMB0.01 amid soft operations in Guangzhou this Thursday and Friday, before the full launch.Readmore.