Pony.ai gallops towards U.S. listing with eye on lower-tech autonomous driving
The company known for its robotaxis has been approved by China’s securities regulator to list in New York, as it downshifts its ambitions to boost its revenue more quickly Key…
NEWS WRAP: TuSimple to delist, citing the company’s ‘best interests’
The autonomous driving company said its decision was based on weakening market sentiment towards companies with technology that has yet to be commercialized By Doug Young TuSimple Holdings Inc.…
PODCAST: China’s Private Equity Clampdown, and a Tech Hotshot Drives Out of America
By Doug Young & Rene Vanguestaine China is raising the bar for its vast field of venture capital and private equity companies, a move that looks aimed at avoiding a…
CHINA BULLETIN: Progress First, Stability Second, Says Politburo
In this week’s issue Beijing says progress over stability, a lifeline for local banks, and TikTok’s $1.5 billion Indonesia bet. On a scale of 1 to 100, we give the…
TuSimple drives down U.S. off ramp. Nasdaq exit next?
The autonomous truck technology company said it will wind down its U.S. operations to focus on China, as its cash runs low Key Takeaways: TuSimple will lay off three-quarters of…
FAST NEWS: TuSimple considers sale of U.S. business
The Latest: Autonomous truck driving technology company TuSimple (TSP.US) said on Wednesday it is “evaluating strategic alternatives for its U.S. business.” Looking Up: Such language typically means TuSimple is exploring…
FAST NEWS: TuSimple completes first driverless semi-truck run in China
The latest: Autonomous truck technology company TuSimple (TSP.US) said on last Friday it has successfully completed China's first fully autonomous semi-truck run on open public roads without a human in the vehicle and without human intervention.…
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