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Home Gadgets China's Hellobike sets up new robotaxi firm with Ant Group, CATL

China’s Hellobike sets up new robotaxi firm with Ant Group, CATL


China‘s bike-sharing platform Hellobike introduced on Monday the setup of a brand new robotaxi agency collectively with Ant Group and CATL.

The three events have invested over 3 billion yuan ($417.40 million) in complete within the new agency as an preliminary funding, Hellobike stated in a press release.

The brand new agency, registered in Shanghai on Monday, will give attention to stage 4 autonomous driving R&D, protected purposes and commercialisation. ($1 = 7.1874 Chinese language yuan renminbi)

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