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China’s Didi Chuxing Helps Draft World's First Set of Rules for Robotaxis

Didi Chuxing, China’s biggest car-hailing firm, is taking the lead in preparing the world’s first operational and safety rules for the entry of self-driving taxis into the mass market, the 21st Century Business Herald reported today. Other big players in the autonomous vehicle sector, such as Baidu, Tencent Holdings and BAIC Motor, as well as government departments, experts and research institutions are all contributing to the discussions, it added. The first meeting was held online two weeks ago, a participant told the newspaper. It discussed standards for the management of vehicles, passenger safety and requirements for test drivers. Didi Chuxing, which has eight years of experience in online car-hailing operations, is in a better position than most to give advice and can compile a mass of data for simulation training, an industry insider said. Robotaxis are already available along certain routes in some Chinese cities. Didi Chuxing has a fleet in Shanghai that it introduced in J...

Didi Denies Report Ride-Sharing Giant Plans Hong Kong IPO

Didi Chuxing has dismissed a news report that claimed China’s dominant ride-hailing services provider plans to go public in Hong Kong. The Beijing-based company said it has no such plans at present and an initial public offering is not currently its top priority, The Paper reported today. Chinese media outlet Sina reported on July 20 that Didi is in talks with investment banks for a HKD600 billion (USD77.41 billion) floatation in Hong Kong within the year. It cited an informed investor, who also said the listing would be among the city’s largest IPOs in recent years.

Yicai Global Tests Didi Chuxing's Autopilot Taxi in Shanghai

Yicai Global got a taste of the future of travel by testing ride-hailing giant Didi Chuxing's new self-driving service pilot in Shanghai's Jiading district. After signing up, consumers can place orders via the firm's mobile application. The cars are equipped with more cameras and sensors and can furthermore be spotted on the streets by an 'autonomous driving' banner. Users must scan a QR code inside the vehicle before it can start moving. For safety, the cars will still come with a driver who is supposed to keep their hands off the wheel as long as everything goes right. The "drivers" have gone through up to a two-month training to use the vehicles. The passenger can follow road conditions and the route via a display inside the car.