Market Chatter: Ant Group-backed Hello Launches First Robotaxi

MT Newswires Live
Sep 12

Ant Group-backed Hello on Thursday launched its first robotaxi in a challenge to local rivals Baidu (HKG:9888), WeRide and Pony.ai, the South China Morning Post reported Thursday.

The Hello Robot1 was unveiled at an event in Shanghai and is based on a vehicle produced by a joint venture between Dongfeng Motor (HKG:0489) and Japan's Nissan (TYO: 7201), the report said.

Ant Group is an Alibaba Group (HKG:9988) affiliate.

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