Since its foundation in 2014, Hesai has grown rapidly to become the world’s top supplier of lidars for vehicles. (Jade Gao/AFP/Getty Images) [Stay on top of transportation news: Get TTNews in your inbox.] Hesai Group is seeking to raise HK$3.9 billion ($497 million) in its Hong Kong listing, kicking off the latest batch of U.S.-listed…
Autonomous driving still has more doubters than backers in Hong Kong, but the city is now taking steps that could get more people on board with the technology. Trial runs set for the next five months are worth supporting to develop driverless services. After allowing passenger trials on routes within the airport island, the government…
Pershing Square CEO Bill Ackman — who disclosed in a Thursday (April 17) post on X that the firm owns a 19.8% stake Hertz — said in the post that Hertz and Uber would be ideal partners to roll out a fleet of autonomous vehicles (AVs). Calling the idea a “fun thought experiment,” Ackman said in the post that such a…
A Beijing-based artificial intelligence (AI) solutions provider is preparing to list in Hong Kong and set up its international headquarters in the city, a minister has said, while vowing to attract more creative enterprises that have adopted innovation and technology-based strategies. The announcement from Financial Secretary Paul Chan Mo-po on Sunday confirmed an earlier Post…
A Beijing-based artificial intelligence (AI) solutions provider is preparing to list in Hong Kong and set up its international headquarters in the city, a minister has said, while vowing to attract more creative enterprises that have adopted innovation and technology-based strategies. The announcement from Financial Secretary Paul Chan Mo-po on Sunday confirmed an earlier Post…