$NIO Inc (NIO.US)$ Actually, Nio already has robotaxis. Chinese autonomous driving startup Pony AI filed an initial public offering (IPO) prospectus with the US Securities and Exchange Commission (SEC) overnight, planning to list on Nasdaq under the ticker symbol PONY. The startup, backed by Toyota and Nio Capital, has received seven rounds of funding totaling more than USD1.3 billion before its planned IPO. Goldman Sachs, Bank of America Merril...
bullrider_21
OP
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Toyota has 13.4% stake in Pony.AI. Pony AI isn't profitable yet, but it's headed in the right direction. The company's net loss changed from USD69.4 million in the first half of 2023 to USD51.3 million in the first half of 204 . Perhaps it can strive for profitability by the end of next year as well.
bullrider_21
OP
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The company says that the robotaxis have driven more than 33.5 million kilometres (20.8 million miles), with 3.9 million of them (2.4 million miles) without a human in the car supervising the driving.
$NIO Inc (NIO.US)$ Japanese automobile giant Toyota has unveiled swappable hydrogen fuel cartridges for hydrogen fuel cell electric vehicles (FCEVs) at the ongoing Japan Mobility Bizweek, as part of its research and development efforts in the clean energy space. Toyota envisions that its easy-to-carry cartridges could help power electric vehicles and homes with clean hydrogen in the future. Hydrogen has the potential to be the ultimate c...
$Alphabet-C (GOOG.US)$ Tesla unveiled the Cybercab and Robovan on Oct 10. Elon Musk said he expects the Model 3 and Model Y to support unsupervised full self-driving in certain states by the end of next year and the Cybercab to go into mass production by 2027. However, Musk didn't elaborate on the details of how a robotaxi business would actually work. Will Tesla operate the network? Will it sell cars to a network operator? Can Cybercab owners put their cars into...
Nomura has released a research report predicting that China's EV market will continue to experience strong momentum in the fourth quarter of 2024. Nomura believes that the resurgence in demand is largely due to the revised and expanded provincial and city-level subsidies for vehicle trade-ins, which have encouraged previously hesitant potential buyers to place orders. Additionally, the months of September and October, as well as the fourth quarter in general, are typically peak periods for car s...
EZ_money
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i wouldn't trust Israel not to target oil eventually which would spike oil and push up gas prices higher, that will get more people into EVs as well. plus rate cuts will spark more sales.
The Bunny Trader : nuclear energy :
Bull X Bear OP The Bunny Trader : I will add them Nuclear as well