tech

    Elon Musk praises the country as Tesla-SpaceX merger faces fresh hurdles

    Elon Musk’s latest praise for China comes as speculation around a possible Tesla-SpaceX combination puts the automaker’s Shanghai operations under fresh scrutiny. While Musk has dismissed reports of plans to separate Tesla’s China business, the country could still pose regulatory and geopolitical challenges to any future merger. Elon Musk has described China as “awesome” and…

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    China’s Pony.ai, WeRide file for Hong Kong IPOs in milestone for driverless tech sector

    China’s Pony.ai, WeRide file for Hong Kong IPOs in milestone for driverless tech sector

    Pony.ai and WeRide, two of China’s leading autonomous driving companies, have filed prospectuses for initial public offerings (IPOs) in Hong Kong, marking a milestone for the nation’s driverless technology sector, as it seeks capital market validation amid intensifying global competition. Pony.ai, based in Guangzhou and incorporated in the Cayman Islands, plans to sell 41.96 million…

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