Latest news with #Hellobike

The Standard
9 hours ago
- Business
- The Standard
China's Hellobike sets up new robotaxi firm with Ant Group, CATL
Bicycles of bike-sharing firm Hellobike are seen outside a subway station in Zhengzhou, Henan province, China March 13, 2018. Picture taken March 13, 2018. REUTERS


Time of India
11 hours ago
- Automotive
- Time of India
China's Hellobike sets up new robotaxi firm with Ant Group, CATL
China 's bike-sharing platform Hellobike announced on Monday the setup of a new robotaxi firm jointly with Ant Group and CATL. The three parties have invested over 3 billion yuan ($417.40 million) in total in the new firm as an initial investment, Hellobike said in a statement. The new firm, registered in Shanghai on Monday, will focus on level 4 autonomous driving R&D, safe applications and commercialisation. ($1 = 7.1874 Chinese yuan renminbi) Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories


Reuters
12 hours ago
- Automotive
- Reuters
China's Hellobike sets up new robotaxi firm with Ant Group, CATL
BEIJING, June 23 (Reuters) - China's bike-sharing platform Hellobike announced on Monday the setup of a new robotaxi firm jointly with Ant Group and CATL ( opens new tab. The three parties have invested over 3 billion yuan ($417.40 million) in total in the new firm as an initial investment, Hellobike said in a statement. The new firm, registered in Shanghai on Monday, will focus on level 4 autonomous driving R&D, safe applications and commercialisation. ($1 = 7.1874 Chinese yuan renminbi)