This article only represents the author's own views.
Self-driving passenger vehicles get plenty of attention from media and investors, but far less goes to autonomous trucks that are used for everything from hauling materials at construction sites to mining. That’s quickly changing, however, as a growing group of startups in that niche start tapping capital markets to fuel their growth.
The latest to drive into that queue is Shanghai Boonray Intelligent Technology Co. Ltd., whose listing application at the end of last January came just a month after the HK$1.42 billion ($182 million) IPO by rival CiDi Inc. (3881.HK) in December. Meanwhile, market leader Eacon Group also revived its listing application at the end of last year, meaning investors could soon have plenty of choices in this fast-emerging sector.