*It’s quite amazing how China is toeing head-to-head with the US on autonomous driving tech.* And the best part is that the Chinese players are tapping on American money pipes to grow bigger. -> WeRide’s depositary receipts listed in the US markets in Oct -> In Nov, Pony AI, another driverless carmaker listed in the US And now, another Chinese giant from the space is set to list out there in the US. .. *Called Inceptio, the company is the developer of self-driving technologies for heavy-duty trucks.* -> It’s aiming to list in the US to raise $100-200mn in 2025, for which it has just initiated talks -> And what’s amazing is the fact that this company has been honing and developing its tech since 2018! My point is, it’s the company’s 8th year in existence. .. *Likewise, when it comes to Pony AI, it has not just begun to disrupt the ride-hailing market in China, it’s already beginning to make moves abroad.* It has raised $100mn from Saudi Arabian Govt and has formed a joint venture with the Neom Investment Authority to manufacture, launch and operate fully autonomous cars across the Middle East! .. *Thus, in all frankness, this is another arena where the common opinion about China being years behind the US is completely incorrect.* The truth is, unfortunately, it is us in India, who are years behind. And that’s something for our policymakers to ponder over. .. *Support my work:* https://t.ly/SUPPORTjay *Check my work with:* - 3k+ on Decoding The Dragon (https://t.ly/chnwj) - 2.7k+ on Deepdives with Jay (https://t.ly/dwj) - 2.1k+ on BharatNama (https://t.ly/bwj) Best, Jayant Shilanjan Mundhra