Toyota's Concept-i, an autonomous self-driving vehicle. It had been hoped that HERE Technologies would give Chinese companies a leg-up in the field of driverless technology. Photo: AFP
Toyota's Concept-i, an autonomous self-driving vehicle. It had been hoped that HERE Technologies would give Chinese companies a leg-up in the field of driverless technology. Photo: AFP

Your money’s not wanted HERE: Chinese-led bid for stake in high-res map maker rejected by US

Tencent, NavInfo, GIC syndicate forced to pull its bid for 10 per cent of HERE Technologies, which makes maps that enable autonomous driving

Toyota's Concept-i, an autonomous self-driving vehicle. It had been hoped that HERE Technologies would give Chinese companies a leg-up in the field of driverless technology. Photo: AFP
Toyota's Concept-i, an autonomous self-driving vehicle. It had been hoped that HERE Technologies would give Chinese companies a leg-up in the field of driverless technology. Photo: AFP
READ FULL ARTICLE