Chinese Autonomous Driving Companies Face Hurdles in Expansion
Update: 2025-11-06
Description
On November sixth, two major Chinese autonomous driving companies, Pony.ai and WeRide, saw their stocks plummet after debuting in Hong Kong. Despite aiming to rival Baidu and Alphabet in the self-driving tech market, theyre facing challenges in securing capital and expanding beyond China. Both companies are seeking regulatory approvals for their robotaxis in new regions like the Middle East, Europe, and Singapore. In the U.S., theyre exploring partnerships with Uber, but face hurdles due to recent regulations banning Chinese technology in connected vehicles. The Hong Kong listings reflect a trend of Chinese companies seeking dual listings to access Asian capital and strengthen their presence in the global market.
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