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Maybank: Grab is well-positioned to benefit from autonomous vehicle adoption in SingaporeGrab is well-positioned to benefit from autonomous vehicle (AV) adoption in Singapore, Maybank Investment Bank said in its recent note. The research house based on a 2030 blue sky model, estimated AV costs could fall to $0.52/mile with tech deflation, while driver costs rise to $0.85/mile on 4 percent annual inflation. “Assuming 20 percent of Grab’s Singapore fleet transitions to...0 Commentarii 0 Distribuiri 3K Views 0 previzualizare
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Singapore’s BeeX launches $7.76M Series A funding round to fuel global expansionBeeX, the Singapore-based artificial intelligence (AI)-powered autonomous underwater vehicles, has launched its S$10 million ($7.76 million) Series A Round to fuel its global expansion. The firm said in a statement on Wednesday that driven by soaring demand for its autonomous vehicles, the firm is launching its Series A funding round to support global scaling and accelerated development of...0 Commentarii 0 Distribuiri 838 Views 0 previzualizare
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WeRide secures strategic equity investment from Grab, partners to deploy robotaxis, autonomous shuttles in SEAWeRide, a China-based autonomous driving technology firm, announced last Friday that Grab, Southeast Asia’s leading superapp, has committed to a strategic equity investment in WeRide. The duo said in a statement that the investment is part of a strategic partnership between both companies to accelerate the deployment and commercialization of Level 4 Robotaxis and shuttles in Southeast...0 Commentarii 0 Distribuiri 2K Views 0 previzualizare
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