Autonomous Vehicles

Investors from the UAE, Australia, and across Asia backed the latest tranche.

Once a forested edge of Singapore, Punggol now hosts robotaxis and a digital district designed to double as an AI and tech hub.

Cognition-driven systems can enable more humanlike decision-making on the road, executives said.

Leading players are moving quickly to list before market conditions shift.

Higher utilization, reduced subsidy reliance, and improved efficiency lift margins as the company reports its first adjusted quarterly profit.

Lower costs and higher utilization are improving unit economics, but not enough to bring the company out of the red.

CEO He Xiaopeng said a leap from Level 2 to Level 4 autonomy is feasible.

Operating one of the largest robovan fleets globally, Zelos expects to break even once it reaches a fleet size of 50,000 vehicles.