Jun 23, 2025 06:34 PM (GMT+8) · EqualOcean
On June 23, Chinese mobility platform HelloRide announced its entry into the Robotaxi market. The company, along with Ant Group and CATL, has jointly established "Shanghai Zhaofu Intelligent Technology Co., Ltd." through their respective investment arms. The company is registered in Shanghai with a capital of CNY 1.29 billion . According to HelloRide, the new entity will focus on the development of L4 autonomous driving technology, safety applications, and commercialization. Founded in 2016 and headquartered in Shanghai, HelloRide started with a shared bicycle business and now offers services across mobile mobility and emerging local services.

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