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Sunday, 31 December 2023

Chinese robotaxi companies are shifting to less advanced but more commercially viable smart-driving solutions, as funding dries up and losses continue to mount (Rita Liao/TechCrunch)

Rita Liao / TechCrunch:
Chinese robotaxi companies are shifting to less advanced but more commercially viable smart-driving solutions, as funding dries up and losses continue to mount  —  Losses push China's self-driving upstarts to seek new revenue streams  —  A few years ago, robotaxis were the darlings of venture capitalists in China.



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