With new physical and digital offerings, the premium brand will enrich the customer experience and meet the growing needs and demands for the mobility of the future.
The move to stop selling lidars comes after the departure of CEO John Krafcik and some other executives, which had fueled questions about whether Waymo would rethink its strategy after failing to generate significant revenue for over a decade.
Huawei was placed on a U.S. trade blacklist in 2019, after the Trump administration said it was operating contrary to national security and foreign policy interests.
The Madras High Court's recent verdict to make 5-year 'bumper-to-bumper' motor insurance mandatory may increase the cost of vehicle acquisition by 8 to 9 per cent of its current price.
Investors also included Cathay Fortune Corporation, which invests in mining companies, and private-equity firm Boyu Capital that additionally signed long-term investment partnerships with Zeekr, the carmaker said in a statement.
