Chinese tech company Baidu announced Monday it can sell some robotaxi rides without any human staff in the vehicles. Baidu BEIJING — Chinese robotaxi companies are expanding abroad at a faster clip than U.S. rivals Waymo and Tesla — at a time when industry leaders say autonomous driving is finally near an inflection point. “I…
A Tesla Inc. robotaxi on Oltorf Street in Austin, Texas, on June 22, 2025. Tim Goessman | Bloomberg | Getty Images Tesla has obtained a permit to operate a ride-hailing service in Arizona, the state’s department of transportation said. The electric vehicle company applied for a “transportation network company” permit on Nov. 13, and was…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market update: Stocks are trading lower Monday, extending the market’s recent struggle to find its footing. Concerns about stretched valuations, particularly in the technology sector, along…
A Pony.ai autonomous car. Pony.ai China’s Pony.ai on Thursday saw its shares drop over 12%, while rival WeRide fell nearly 8% as the autonomous driving companies began trading in Hong Kong. Pony.ai and WeRide, which are already listed in the U.S., raised 6.71 billion Hong Kong dollars (about $860 million) and HK$2.39 billion, respectively in…
Chinese tech company Baidu announced Monday it can sell some robotaxi rides without any human staff in the vehicles. Baidu BEIJING — As Baidu ramps up its robotaxi operations worldwide, fully driverless weekly rides as of Oct. 31 have now surpassed 250,000 orders, according to a spokesperson for the company’s driverless car unit Apollo Go….
Chinese tech company Baidu announced Wednesday its Apollo Go robotaxi arm has entered a strategic partnership with PostBus in Switzerland. Baidu BEIJING — Chinese tech giant Baidu announced Wednesday that its robotaxi unit will start test drives in Switzerland in December, as firms race to get their vehicles on European roads. The company’s Apollo Go…
A Pony.ai AION robot taxi is displayed during the 21st Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center in Shanghai on April 23, 2025. Wang Zhao | Afp | Getty Images Autonomous driving firms Pony.ai and WeRide have received approval from China’s securities regulator for secondary listings in Hong Kong, as…
The editorial image shows the interior of the new Tesla Model 3 with Full Self-Driving activated. Nurphoto | Getty Images Tesla debuted more affordable versions of its popular Model Y SUV and Model 3 sedan on Tuesday. The Model Y standard variant is priced just below $40,000, according to Tesla’s website, and the Model 3…
A Waymo autonomous self-driving Jaguar electric vehicle is seen in Tempe, Arizona, on the outskirts of Phoenix, on September 15, 2025. Charly Triballeau | AFP | Getty Images Waymo has partnered with Uber to get its robotaxis into Atlanta and Austin, Texas. Now it’s teaming up with Lyft for the first time in a commercial…
This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. The big story Three young boys eating lollipops joined me on the elevator inside the five-story Yiwu “International Trade Market,” which ships the majority of the world’s Christmas decorations. The kids ran out before…
