There is no more autonomous driving in NYC, at least for now. Permits allowing Waymo to operate its robotaxis in New York City expired at the end of March, leaving the future of driverless cars in the city uncertain. The permits were issued last year and allowed Waymo to test a fleet of eight vehicles in parts of Manhattan and Brooklyn, each with a safety specialist behind the wheel. According to the New York City Department of Transportation, the program ended without any collisions reported, which is notable given the city’s dense and unpredictable traffic environment. Despite that, city officials said that safety will guide whether new permits will be issued. “Our top priority for AV testing is public safety,” a DOT spokesperson said, adding that decisions regarding any robotaxi future within the city will also consider the livelihoods of drivers in the city’s massive taxi workforce. Waymo has fully driverless vehicles in several major US cities, including San Francisco, Los Angeles, and Phoenix, and is looking to expand even more. In New York, however, the expiration of the city permits follows a broader slowdown at the state level, where Gov. Kathy Hochul backed away from proposals that would have seen autonomous vehicle operations extend outside the city. Waymo said it is seeking to renew its permit and remains committed to bringing its technology to New York. For now, its vehicles can still be manually driven in the city to collect data, but fully autonomous testing cannot resume without approvals. Representatives of taxi and rideshare drivers warn that allowing robotaxi services could disrupt tens of thousands of jobs, while some analysts argue that independent safety data is still lacking. Critics also point to the complexity of New York streets, where plentiful pedestrian and bicycle traffic along with crowded roadways present
Apr 6, 2026 · via autoweek.com
A black Jaguar SUV with no one behind the wheel pulls up on a London street. It’s electric and equipped with Waymo’s autonomous driving system. A passenger gets in, selects a destination on their phone, and the car pulls smoothly into traffic. Within the next few years, this scene could move from novelty to normality as Waymo, Google’s parent company Alphabet’s self-driving car division, plans to launch its robotaxi service in the UK capital, with testing already underway and a pilot service scheduled for April 2026. The arrival of driverless ride-hailing would not simply mark a technological milestone. It could also test whether autonomous mobility can ever become a profitable business. London is already one of Europe’s largest markets for app-based transport: Transport for London licenses more than 100,000 private-hire drivers, while millions of journeys are booked each week through platforms such as Uber and Bolt. Waymo’s expansion reflects a broader industrial shift already visible in parts of the United States. In cities such as San Francisco and Phoenix, robotaxis are already carrying fare-paying passengers on digitally booked journeys. Each trip is not just a ride but a real-world test of whether its business model holds up. Vehicles or software? At stake is a bigger question about where the value sits: in the companies that build the vehicles, or those that write the software that drives them? And the question is not confined to cars. When software becomes the core of a product, the balance of power tends to move with it — as smartphone makers learned when profits flowed to the firms behind the operating systems. Waymo’s story is a lesson in digital strategy. When software becomes the core of a product, the winners are not necessarily the best manufacturers. They are the ones with the best code, and
Apr 6, 2026 · via oilprice.com
Apple (NASDAQ:AAPL | AAPL Price Prediction) and Tesla (NASDAQ:TSLA) both reported earnings this year, and the results diverged sharply. Apple delivered a record-breaking quarter built on hardware demand and a growing services flywheel while Tesla reported shrinking revenue, collapsing net income, and a pivot story that remains more promise than proof. In this article, we compare the two giants. iPhone Records and Energy Wins Tell Two Very Different Stories Apple’s quarter was defined by iPhone. iPhone revenue reached $85.27 billion, up 23.3% year over year, making it the best iPhone quarter in company history. Services followed, hitting an all-time record of $30.01 billion, up 14% year over year. Total revenue came in at $143.76 billion, beating estimates of $138.52 billion by 3.78%. Tesla’s picture was harder to read. Total Q4 revenue fell 3.14% year over year to $24.9 billion, and GAAP net income collapsed 63.7% to $840 million. Vehicle deliveries dropped sharply, falling 16% year over year to 418,227 units. The bright spots were narrow: Energy Generation and Storage grew 25% year over year to $3.837 billion with record Q4 deployments of 14.2 GWh, and gross margin expanded 386 basis points to 20.1%. | Business Driver | Apple (Q1 FY26) | Tesla (Q4 FY25) | |---|---|---| | Revenue Growth YoY | +15.7% | -3.1% | | Core Growth Engine | iPhone + Services | Energy + FSD subscriptions | | Net Income | $42.10B | $840M | | Gross Margin | ~48.2% | 20.1% | Premium Ecosystem vs. Autonomous Moonshot Apple’s strategy is compounding. The installed base surpassed 2.5 billion active devices, and each new device pulls users deeper into the App Store, iCloud, Apple Music, and Apple TV+ ecosystem. The M5 chip rollout across MacBook Pro and iPad Pro, combined with Apple Intelligence features, keeps hardware upgrades relevant. Greater
Apr 6, 2026 · via 247wallst.com
As offshore energy infrastructure expands and ages, operators are under increasing pressure to monitor pipelines, cables, and seabed assets more efficiently. Advances in subsea robotics, autonomous vehicles, and digital data platforms are beginning to reshape how offshore inspection, maintenance, and survey work is conducted. Across the oil and gas sector in the Gulf and emerging offshore wind regions, companies are investing in systems that reduce vessel days, limit personnel offshore, and accelerate the flow of subsea data from the seabed to decision-makers. For Houston-based Oceaneering International, that transformation is centered on three technological themes. “When we’re talking about subsea, there are three key themes we are working on, which we see will become very prominent in the next 10 years,” said Nikunj Patel, Oceaneering’s vice president of engineering and operations. “They are already very important… and those are what we call remote operations, autonomy, and residency.” Together, those trends point toward a future where subsea robotic systems operate longer, gather more data, and increasingly work with fewer personnel offshore. REMOTE OPERATIONS One of the most immediate changes in subsea operations is the rise of remote piloting for underwater vehicles. Traditional remotely operated vehicle (ROV) operations require pilots and technicians stationed onboard offshore support vessels. Today, thanks to improved satellite communications and subsea connectivity, many of those roles can be transitioned to shore. “So when we’re talking about remote offshore operations, a simple example in Norway, almost 60% of the piloting work we do, we do from onshore,” Patel said. In these scenarios, ROVs operate thousands of feet below the surface while pilots control them from offices miles away. According to Patel, remote ROV operations unlock several key advantages. “Cost is definitely an advantage for the customer. But the critical one is from the carbon footprint point of view… and safety,”
Apr 6, 2026 · via workboat.com
Monday, April 6, 2026 Today’s SCOOP is brought to you by our members. Dear New Yorkers, Robot cars are no longer being put to the test on New York City streets. A pair of permits issued last year that allowed Waymo to test its autonomous vehicle technology in parts of Brooklyn and Manhattan expired March 31, a Department of Transportation spokesperson confirmed to THE CITY Friday. But it’s unclear what comes next in New York for the company’s so-called robotaxis that are already in use without drivers in 10 U.S. cities, including Atlanta, Houston and Los Angeles. Mayor Zohran Mamdani has not yet articulated a position on the technology, whose testing was given the green light last August by his predecessor at City Hall, Eric Adams. A City Hall spokesperson did not respond to a request for comment from THE CITY. Waymo, a subsidiary of Google’s parent company, Alphabet, had been operating eight robot cars — with a “trained safety specialist” behind the wheel at all times — in Downtown Brooklyn and south of 112th Street in Manhattan since last year. Waymo did not report any collisions involving the eight autonomous vehicles, or AVs, in the city, according to NYC DOT. The company declined to share with THE CITY any findings from its months of testing, Read more here about the hurdles ahead for AVs in NYC. Weather 🌤️ Sunny, with a high near 55. Chance of rain at night with a low around 43. MTA 🚇 In Queens, no Flushing-bound 7 trains at 103 St. Corona Plaza. Find all the MTA’s planned changes and the latest delays here.\ Alternate side parking 🚙 It’s in effect today, April 6. By the way… The mayor introduced a new online directory for finding a licensed child care provider over the weekend. Our
Apr 6, 2026 · via thecity.nyc
Better driving by design: Purdue-Led NSF CHORUS Center makes autonomous systems stay safe There were more than 1,000 crashes involving vehicles equipped with automated driving systems or Level 2 advanced driver assistance systems in the first half of 2025, according to the National Highway Traffic Safety Administration. Whether on highways or farms, automated systems must remain safe despite sensor failures, GPS disruptions, network dropouts or even cyber-attacks. That’s why Purdue University is leading CHORUS, a multi-institution research center funded by a $7 million National Science Foundation (NSF) grant, to build resilience into cyber-physical systems (CPS). The name is inspired by the Egyptian god Horus, who symbolizes protection from disasters, with the “C” added to emphasize the center’s cyber focus. “With CHORUS, we want to give cities and transportation agencies a scientific way to reason about how their cyber-physical systems behave under stress from cyberattacks, equipment failures, or simple human error,” said Saurabh Bagchi, CHORUS director and professor of electrical and computer engineering at Purdue’s Elmore Family School of Electrical and Computer Engineering (ECE) in the College of Engineering (COE). “Our goal is for CHORUS to help multiple stakeholders coordinate their defenses, so connected and autonomous transportation can remain safe and reliable when such perturbations are inevitable.” CHORUS addresses a fundamental challenge: building dependable connected and autonomous transportation systems (CATS) when every component, including hardware, software, communication links and human operators, is inherently imperfect. The guiding principle is simple: systems must remain safe when, not if, failures occur. The center organizes its research into three thrusts. First, it models systems and stakeholders to reveal how failures originate and propagate. Second, it applies game theory and optimization for proactive planning that guides cost effective resilience investments. Third, it develops runtime detection and distributed response so systems can maintain safety and availability as
Apr 6, 2026 · via ag.purdue.edu
FairPrice Group trials Singapore’s first autonomous vehicle supply route The pilot covers a 6km round trip. FairPrice Group (FPG) has started piloting Singapore’s first autonomous vehicle (AV) route to move goods between its distribution centre and Pokka’s warehouse in Benoi, a 6km round trip. FPG began trials on 25 February 2026. Once approved by the Land Transport Authority (LTA) for fully remote operations, the route will rely entirely on AVs to transport goods from Pokka’s warehouse to FPG’s distribution centre. The pilot forms part of FPG’s ongoing efforts to strengthen its supply chain operations and ensure supermarket shelves are stocked more efficiently for customers. If successful, the group plans to expand similar AV routes with other suppliers across Singapore. Currently, FPG operates AVs to transport palletised goods between its distribution centres, completing over 100 trips weekly, each carrying up to 1.5 tonnes of ambient produce, packaged products, and essentials. The group’s fleet includes seven AVs, with plans to expand to nearly 30 in the coming years. Each AV reduces CO2 emissions by 27 tonnes annually and allows staff to focus on more complex tasks. Beyond AVs, FPG plans to grow its broader electric vehicle fleet to over 160 EVs by 2030. In 2025, 15 key suppliers participated in FPG’s Sustainability Chain Decarbonisation Programme (SCDP), which helps supply chain partners set and achieve measurable decarbonisation targets.
Apr 6, 2026 · via retailasia.com
AUSTIN, Texas — Federal regulators are investigating another instance of a driverless car passing a stopped Austin ISD school bus. On Friday, the National Transportation Safety Board (NTSB) announced that it launched an investigation into an incident that occurred on March 25. The agency said that it was contacted by Austin ISD, who reported that a Waymo vehicle had passed a bus that was stopped to load and unload students. It is currently unclear where the incident happened. In Texas, all cars must stop until the lights stop flashing and the arm is retracted, even if the car is on the other side of the road, if there is not a physical lane divider. In December, KVUE first reported that several cars in the company's fleet were shown on camera illegally passing Austin ISD school buses. In each scenario, the buses were stopped with their red lights flashing and stop arms extended. The NTSB launched a safety investigation into Waymo in January, following reports that the company's autonomous vehicles had passed stopped Austin ISD school buses while students are loading and unloading. The NTSB investigation cited an incident that occurred on Jan. 12, when a bus was stopping to pick up students on Oltorf Street near Interstate 35 in South Austin. According to the investigation, the Waymo vehicle initially stopped, but then three other vehicles passed the bus illegally. The vehicle contacted remote assistance, asking, "Is this a school bus with active signals?" A person who was working as a remote assistance agent in another state answered "no." The Waymo then passed the bus despite its stop arms being extended. As of January, Austin ISD confirmed that Waymo vehicles had committed 24 violations, which prompted the district to ask Waymo to cease all operations in the morning and afternoons during
Apr 5, 2026 · via kvue.com
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! You might recall the congressional hearing last month that sparked criticism against Waymo over its use of remote assistance workers in the Philippines. We have covered that issue extensively. You can read about the company’s remote assistance and road assistance teams here and here. Waymo tends to get the most attention because, well, those robotaxis are now operating commercially in 10 U.S. cities, with more coming soon. But the issue of remote assistance is not a Waymo issue. It’s an autonomous vehicle technology issue. A new report from Sen. Ed Markey (D-MA) makes my point. Markey sent letters to seven U.S. companies — Aurora, May Mobility, Motional, Nuro, Tesla, Waymo, and Zoox — working on autonomous vehicle technology with a list of questions. He wanted to know how often these companies’ vehicles relied on input from remote staff. They all refused to say, according to the results of Markey’s investigation. Markey said it was a “stunning lack of transparency from the AV companies around their use of remote assistance operators to help guide their AVs.” You can read senior reporter Sean O’Kane’s article, which digs into the issue and includes the rather mute responses from the companies. (TechCrunch reached out to all of them.) One interesting admission from Tesla: The company said its remote assistance workers are authorized to temporarily assume direct vehicle control (a very different thing than “remote assistance”) as a final escalation maneuver. But here’s the thing — this is not going away. And silence will not defuse the matter. If anything, Markey seems more motivated than ever to get answers. He is
Apr 5, 2026 · via autos.yahoo.com
In autonomous and self-driving vehicle news are LG Innotek, Applied Intuition, Faraday Future, Sen. Markey, Baidu and Appolo Go. LG Innotek Partners With Applied Intuition For Physical AI Expansion LG Innotek and Applied Intuition established a strategic partnership to advance physical AI capabilities across autonomous driving, robotics, and drone platforms. The agreement facilitates the integration of LG Innotek sensing hardware—including camera, LiDAR, and Radar modules—with Applied Intuition software simulation tools and reference vehicle fleets. Initial operational phases involve sensor validation across diverse infrastructures in the United States, Europe, Japan, and Korea to optimize perception performance through real-world data telemetry and feedback loops. The collaboration introduces a comprehensive virtual sensor suite leveraging digital twin technology to replicate physical sensor characteristics in simulation environments. This virtualized stack allows global automakers to validate ADAS and autonomous stacks using high-fidelity synthetic data, streamlining the path from development to mass production. The partnership aligns with LG Innotek strategy to transition into a full-stack mobility solutions provider, combining hardware manufacturing with sophisticated software integration to secure leadership in the physical AI era. Faraday Future Aegis Quadruped Robot Secures FCC Compliance For US Sales Faraday Future confirmed that its Aegis quadruped robot has passed Federal Communications Commission (FCC) compliance certification, clearing the platform for formal commercial distribution in the United States. The Aegis joins the Futurist and Master humanoid models within the company’s Embodied AI (EAI) ecosystem. Engineered for security and companionship, the quadruped features peak joint torque of 48 Newton-meters, supporting navigation over 13-inch obstacles and 40-degree slopes. The system includes integrated 5G and Wi-Fi connectivity for remote operation in industrial and outdoor environments. The hardware architecture is highly modular, offering a standard quadrupedal frame with an optional wheeled configuration and expansion ports for Lidar, depth cameras, and robotic manipulators. On the software side, Aegis supports
Apr 5, 2026 · via autoconnectedcar.com
Toyota and BYD are producing an EV with 268 horsepower and up to 391 miles of range for less than $18,000. The problem is, it’s not for sale in the United States. The cut-price Toyota bZ5 was built for the Chinese market. It’s built on the e-TNGA platform, a joint venture between Toyota and fellow Japanese manufacturer Subaru. Which means you may see shades of it in the upcoming electric Highlander and the Subaru Getaway. BYD is supplying the battery, which may be a contributing factor when it comes to the competitive range and low cost. That battery will allegedly charge from 30% to 80% in under half an hour. Despite the low price, the vehicle comes with a good amount of tech. Apparently Toyota’s Pilot L2+ semi-autonomous driving is included, along with a LiDAR sensor. Which not every manufacturer installs on their semi-autonomous vehicles. Infotainment centers around a 15.6 inch touchscreen. Of course, the US has its own version of the bZ, though it looks like a rougher deal. The American version of the BV does have more horsepower, with up to 315 on the top trim, though the base model only has 168. It lacks in range compared to its Chinese counterpart, with a full charge getting you 314 miles at best. It also starts at $36,350, around double the price of the Chinese version. But is there a chance that the US could get the half-price, stripped-down, Chinese model? Will we ever see a cheap Toyota bZ5 in the US? We live in strange times, with government policy seemingly changing on a whim and Ford of all companies calling for closer ties with the Chinese automotive industry. However, despite all of this, it’s unlikely we’ll see the cheaper Toyota bZ5 on US shores In addition to the
Apr 5, 2026 · via autonocion.com
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Apr 5, 2026 · via youtube.com
SpaceX has reportedly filed confidential paperwork for an initial public offering in which the company would raise $75 billion at a $1.75 trillion valuation. And according to CEO Elon Musk, orbital data centers will be a big part of SpaceX’s future. On the latest episode of TechCrunch’s Equity podcast, Kirsten Korosec, Sean O’Kane, and I discussed Musk’s vision, as well as other companies that are pursuing similar goals. It will take significant tech development and massive capital spending to make orbital data centers a reality, but as Sean noted, with “opposition happening around the country to data centers in general,” executives like Musk and Jeff Bezos may be thinking, “The engineering challenge may be less than the social challenge back here” on Earth. Read a preview of our conversation, edited for length and clarity, below. Sean: This has been a trend — I would say a rapidly forming trend — over the last half year to a year, and we have different examples of it. We have SpaceX; I feel like in some ways, Elon Musk was late on this trend. And for the moment, let’s set aside the actual mechanics and the viability of data centers in space. We could talk about that in a second if we want, but — Kirsten: We have a really good story we’ll link to in the show notes, by the way. One of our most recent hires, Tim Fernholz, is amazing. He writes all about the physics and the constraints of that. Sean: Yeah, I think it’s a really interesting engineering challenge. It’s a really interesting physics challenge. It’s a really interesting orbital mechanics challenge. But it’s something that clearly a bunch of companies and people are going to try and chase. [There’s] going to be SpaceX doing it, with a kind
Apr 5, 2026 · via techcrunch.com
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! You might recall the congressional hearing last month that sparked criticism against Waymo over its use of remote assistance workers in the Philippines. We have covered that issue extensively. You can read about the company’s remote assistance and road assistance teams here and here. Waymo tends to get the most attention because, well, those robotaxis are now operating commercially in 10 U.S. cities, with more coming soon. But the issue of remote assistance is not a Waymo issue. It’s an autonomous vehicle technology issue. A new report from Sen. Ed Markey (D-MA) makes my point. Markey sent letters to seven U.S. companies — Aurora, May Mobility, Motional, Nuro, Tesla, Waymo, and Zoox — working on autonomous vehicle technology with a list of questions. He wanted to know how often these companies’ vehicles relied on input from remote staff. They all refused to say, according to the results of Markey’s investigation. Markey said it was a “stunning lack of transparency from the AV companies around their use of remote assistance operators to help guide their AVs.” You can read senior reporter Sean O’Kane’s article, which digs into the issue and includes the rather mute responses from the companies. (TechCrunch reached out to all of them.) One interesting admission from Tesla: The company said its remote assistance workers are authorized to temporarily assume direct vehicle control (a very different thing than “remote assistance”) as a final escalation maneuver. This Week Only: Up to $482 savings for Disrupt 2026 Offer ends April 10, 11:59 p.m. PT Your next round. Your next hire. Your next breakout opportunity. Find it at
Apr 5, 2026 · via techcrunch.com
Waymo self-driving car rescued from flooded crossing SAN ANTONIO - A Waymo self-driving vehicle was rescued from a crossing area on Saturday after getting stuck in high water. The vehicle became stranded near McCollough Avenue and Contour Drive on Saturday afternoon. No passengers were inside at the time, and it was later towed from the flooded area. RELATED: Do you feel safe with autonomous robotaxis driving in school zones? The incident comes amid growing scrutiny of Waymo vehicles in San Antonio following a series of recent concerns about the technology’s performance. Earlier this week, a Waymo vehicle was spotted driving the wrong way during a designated one-way drop-off period in a school zone near Cambridge Elementary School. The incident raised concerns among parents and residents about the system’s ability to safely navigate traffic patterns. Police attempted to help reconfigure the vehicle’s navigation, but the effort reportedly caused additional confusion and traffic disruptions. The concerns come as Waymo continues to expand its footprint in San Antonio. The company recently launched autonomous rides to and from San Antonio International Airport, allowing passengers to be dropped off at terminal curbs and picked up at designated rideshare locations. Waymo says its service now covers more than 60 square miles across the city, including downtown, the River Walk, the Alamo, and other major destinations. Company leaders say the expansion reflects growing demand for autonomous transportation and point to safety data from more than 170 million rider-only miles, which they say shows fewer serious crashes compared to human drivers. Still, recent incidents continue to fuel debate about how reliable the technology is in real-world conditions.
Apr 5, 2026 · via news4sanantonio.com
BTA: Between AI and Regulation: Will Autonomous Vehicles Soon Appear On Bulgarian Streets? In early March, Associated Press reported that London’s streets are expected to welcome robotaxis soon, while in mid-February dpa said that German carmaker Volkswagen is preparing to launch self-driving minivans in a third European city and its first outside Germany. At the end of 2025, Toyota opened an experimental “Woven City” in Japan featuring autonomous cars and robots. But where does Bulgaria stand in this process and will autonomous vehicles soon appear on Bulgarian streets? In response to a BTA inquiry about the development of intelligent transport systems (ITS) in Bulgaria, the Ministry of Transport and Communications said the country is at a key stage in deploying these technologies. The requirements of Directive 2010/40/EU, which establishes a framework for the development of ITS in Europe, have been implemented, along with its amendment – Directive (EU) 2023/2661, which prepares Member States for connected and automated mobility, including autonomous vehicles. According to the directive, cooperative intelligent transport systems (C-ITS) need to be developed, enabling vehicles to “communicate” with each other and with road infrastructure. This will allow drivers and autonomous vehicles to receive information and warnings about road hazards, handle more complex traffic situations, and facilitate safe autonomous driving. The Ministry noted that amendments adopted in 2025 to the Ordinance on the conditions and procedure for the deployment of intelligent transport systems, along with the Public Transport Act, have created the necessary conditions to accelerate the introduction of ITS in the country. Additional primary and secondary legislation is planned to fully regulate cooperative and automated mobility, including autonomous driving. Timeline for the introduction of autonomous vehicles in Bulgaria The deployment will take place once economic conditions make the technology viable, Assen Nachkov, a PhD student at the Institute for
Apr 5, 2026 · via moldpres.md
3 Edge AI Stocks to Watch as the Next Wave of AI Demand Builds The AI trade has moved in waves—semiconductors, then software, then cloud infrastructure. Each one rewarded early investors and punished latecomers. The next wave is already building, and it has nothing to do with data centers or chatbots. It's edge AI, the technology that puts artificial intelligence directly inside machines. Keith Kaplan, CEO of TradeSmith, has been tracking this shift closely, and he sees three companies across very different risk profiles positioned to ride it. Why AI Can't Stay in the Cloud Most people still picture AI as a conversation with ChatGPT: type a question, wait for a server miles away to respond, get an answer. That model works fine for text. It falls apart the moment AI has to operate in the physical world. A Tesla (NASDAQ: TESLA) at highway speed has roughly 100 milliseconds to spot a pedestrian, read a signal, and decide whether to brake—a round trip to a cloud server takes too long. John Deere's (NYSE: DE) combines make thousands of decisions per minute in fields with no cell signal. Military drones processing targeting data can't rely on a connection an enemy jammer that could cut out at any moment. In every case, the AI has to already live inside the machine. That's edge AI—and the companies building chips, rugged hardware, and thermal infrastructure for it are facing a demand wave most investors haven't priced in yet. The edge AI market was roughly $11.8 billion in 2025 and is projected to approach $60 billion by 2030, representing nearly 37% annual growth. But the real story may move faster than projections suggest. Unlike the cloud AI boom, which was driven by a handful of hyperscale spenders, edge AI demand could spread across every autonomous
Apr 5, 2026 · via theglobeandmail.com
- United States - / - Auto Components - / - NasdaqGM:WRD Assessing WeRide (WRD) Valuation After New Grab And Uber Autonomous Services Go Live Why WeRide Stock Is Back in Focus After Its Latest Autonomous Driving Milestones WeRide (WRD) has just put two high profile autonomous driving projects into public service. It has moved its Ai.R shuttle with Grab in Singapore and fully driverless Robotaxis with Uber in Dubai into fare paying operations. See our latest analysis for WeRide. The latest product launches with Grab in Singapore and Uber in Dubai come after a mixed price pattern, with a 7 day share price return of 12.29% and a 30 day return of 22.61% contrasting with a 1 year total shareholder return decline of 30.45%. This suggests that short term momentum has picked up while longer term investors are still sitting on losses at the current US$7.81 share price. If WeRide’s autonomous push has caught your attention, this can be a useful moment to look across the sector and see which other AI related names have traction through the 34 AI small caps With revenue at CN¥684.59 million, a net loss of CN¥1,654.9 million, and the share price at US$7.81, is WeRide still trading at a discount or is the recent momentum already reflected in the valuation? Most Popular Narrative: 48.7% Undervalued The most followed narrative pegs WeRide's fair value at $15.22, which sits well above the last close at $7.81. It centers that gap on aggressive scaling of autonomous services. The dual deployment of L4 robotaxis and L2+ WePilot 3.0 ADAS in mass production vehicles from Chery EXEED and GAC allows data and software to be reused across product lines. This can spread R&D spending over a larger revenue base and potentially support higher group level margins. Want to
Apr 5, 2026 · via simplywall.st
[AI Revolution](193) Indoor Autonomous Shuttle 'Link' Navigates Airports...Leading the Special Purpose Vehicle Market [Interview] Baekdusan, CEO of Wearable AI Developing Hardware Alongside Autonomous Driving Solutions Winner of CES Innovation Award... "Focusing on Advancing Technology" "We develop vehicles with special purposes that operate within restricted areas such as airports, ports, factories, and resorts. We need to ensure that 'Link' can move smoothly through crowds at airports." The CEO of Baekdusan Wearable AI is posing with the Innovation Award trophy won at CES 2026 before an interview at Wearable AI in Yeongdeungpo-gu, Seoul on the 25th. Photo by Jinhyung Kang View original imageWearable AI will conduct a business proof-of-concept (PoC) for its indoor autonomous vehicle (shuttle), 'Link,' in the second half of this year. The company plans to launch it first in domestic department stores and airports, with the goal of expanding to airports worldwide. This product won the Innovation Award in both the 'Smart Community' and 'Accessibility & Sustainability' categories at CES 2026, the world's largest IT and electronics exhibition. In the Seoul Yeongdeungpo office, I was able to see a newly completed, full-scale model of Link. Baekdusan, CEO of Wearable AI (pictured), said in an interview, "Vehicles that operate indoors have the advantage of relatively rapid commercialization," adding, "Passengers can enjoy convenient transportation and futuristic experiences with indoor autonomous vehicles, while operators can reduce labor costs." Wearable AI was founded by the co-founders of 'ThorDrive,' Korea's first-generation autonomous driving startup. Established in January 2024, the company secured seed investments from Quad Ventures, Naver D2SF, and others. Recently, it opened a new investment round with the goal of closing by June. With a team equipped with full-stack autonomous driving technology and field experience in both Korea and the United States, the company is quickly securing work and establishing itself in the
Apr 4, 2026 · via asiae.co.kr
Would you still jump in a Waymo if your ride pulled up the wrong way through a drive-thru? That was the bizarre dilemma facing a Los Angeles woman on Friday when a driverless car operated by Waymo, the self-driving arm of Google parent company Alphabet, went off-script and entered a drive-thru the wrong way without slowing. The woman’s son was there as the Waymo ignored the matrix and kept gliding down the wrong-way entry. His commentary caught the spectacle on video as the self-driving car made its unconventional entrance. “Way Way! You gotta go through the drive thru the other way!” he can be heard shouting as the car approached. “My bad, bro, you can’t park here,” he joked as the vehicle rolled into position. Despite the unconventionally arrival, his mom didn’t hesitate to jump aboard. “God, Mom, be safe!” he added as she climbed into the vehicle. .No one knows exactly what caused the mishap, but the strange pickup is the latest example of the real-world challenges facing autonomous vehicles. During the February floods in Los Angeles, Waymo vehicles were caught stranded in rising waters as heavy rain pounded the city. It was unclear whether anyone was trapped inside the cars or had already gotten out, despite Waymo previously touting its vehicles’ ability to handle extreme weather. The company told KXAN it “closely monitors weather conditions” in cities where it operates and “will adjust operations accordingly.” In a blog post last year, Waymo claimed its vehicles “successfully navigate rain, fog, sandstorms, and freezing temperatures.” The company has also faced criticism over its reliance on remote operators based overseas.
Apr 4, 2026 · via nypost.com