Several larger and local cities have followed the trend of investing in AI, prompting Chinese President Xi Jinping to caution against crowding into the same industry. ( read original story ...)
Baidu, PonyAI among eight firms granted Shanghai Robotaxi licenses
Investing.com -- Shanghai has granted commercial Robotaxi and Robotruck licenses to eight companies, allowing them to charge customers for driverless services across 2,700km of routes throughout the ... ( read original story ...)
Xi Jinping visits financial hub Shanghai as Chinese economy … – CNN
Chinese President Xi Jinping visited Shanghai for the first time since 2020, as his government steps up efforts to prop up the country’s economy and financial markets. ( read original story ...)
Shanghai Faces Deluge After Floods Kill at Least 30 in Beijing
Shanghai is bracing for heavy rain from a tropical storm that’s tracking toward China’s financial hub, a day after flooding killed at least 30 people in Beijing and cut power to villages. ( read original story ...)
Shanghai issues first L4 robotaxi permits in push for autonomous commercialization
Shanghai has issued its first demonstration licenses for Level 4 autonomous vehicles, allowing eight companies to operate fare-based robotaxi services within designated urban zones. The permits, ... ( read original story ...)
China greenlights autonomous ride-hailing service in all first-tier cities | WAIC 2025
"Our robotaxis are now available for commercial services in China’s single largest city by GDP,” said Pony.ai CTO Lou Tiancheng. ( read original story ...)
Shanghai launches $139M subsidy to boost AI sector
Shanghai has announced a 1 billion yuan (US$139 million) subsidy program to boost its artificial intelligence industry, intensifying China's nationwide AI race. ( read original story ...)