Facing roadblocks, China’s robotaxi darlings apply the brakes

TechCrunch
By Rita LiaoDec 29, 2023, 1:01 pm333 ptsTop
A few years ago, robotaxis were the darlings of venture capitalists in China. A cadre of audacious startups, including Deeproute.ai, WeRide.ai, Pony.ai and Momenta reeled in hundreds of millions of dollars to fuel their costly ambitions. With pockets overflowing, they spent generously on building self-driving…

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