China’s autonomous vehicle startups AutoX, Momenta and WeRide are coming to TC Sessions: Mobility 2021

China’s autonomous vehicle startups AutoX, Momenta and WeRide are coming to TC Sessions: Mobility 2021

3 years ago
Anonymous $OlGJJXacOb

https://techcrunch.com/2021/05/13/chinese-autonomous-driving-tc-sessions-mobility-2021/

As the autonomous vehicle industry in the United States marches toward consolidation, a funding spree continues to exhilarate China’s robotaxi industry. Momenta, Pony.ai, WeRide and Didi’s autonomous vehicle arm have all raised hundreds of millions of dollars over the past year. And 21-year-old search engine giant Baidu competes alongside the startups with a $1.5 billion fund launched in 2017 to help cars go driverless.

Their strategies are similar in some regards and diverge elsewhere. The biggest players have deployed small fleets of robotaxis, manned with safety drivers, onto certain urban roads and are diligently testing driverless vehicles inside pilot zones. Some companies embrace lidar to detect the cars’ surroundings, while others agree with Elon Musk on a vision-only future.

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