English | 简体中文 | 繁體中文 | 한국어 | 日本語
Tuesday, 25 February 2025, 20:00 HKT/SGT
Share:
    

Source: Risetcar
Risetcar Expands Business, Establishes Wholly Owned Subsidiary on West Coast, and Strengthens Autonomous Vehicle Rental Business in San Francisco

BOSTON, Feb 25, 2025 - (ACN Newswire) - Risetcar, a leading provider of autonomous electric transportation solutions, announced the official establishment of its wholly owned subsidiary (Risetcar Inc) on the West Coast of the United States, which will cover autonomous vehicle rentals in major cities on the West Coast. The company's business adjustments also include further deployment of autonomous vehicles in San Francisco and the opening of local car rental business, planning to fully promote the commercial application of autonomous driving technology.

"Our business model is not only to use smart cars as transportation, but also to build them into high-quality assets that can be profitable. We are very happy to see that this concept has been increasingly recognized in the market."

Risetcar's expansion is not limited to the US market. The company's wholly-owned subsidiary in Indonesia (PT Riset Teknologi Internet) has also launched road tests of self-driving taxis in Jakarta and has achieved remarkable results in the early promotion. Risetcar plans to increase its promotion efforts in the future so that it can launch a self-driving taxi service in 2026, aiming to provide innovative options for environmentally friendly transportation solutions in Jakarta. In addition, business plans in China and Singapore have also begun to be prepared.

Risetcar's robot taxi business will adopt a business model similar to Uber or Airbnb, solving travel problems and creating new sources of income by allowing car owners to rent out their vehicles and participate in revenue sharing. As a city facing severe traffic pollution and traffic congestion, Jakarta has become an ideal market for Risetcar's innovative solutions.

By promoting the commercial application of driverless technology worldwide, Risetcar continues to move towards its goal of becoming a global leader in smart travel.

For the latest updates about PT RISET TEKNOLOGI INTERNET, please visit:
https://t.me/Risetcar
https://x.com/risetcar
https://www.tiktok.com/@risetcar



Topic: Press release summary
Source: Risetcar


https://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 

Latest Press Releases
[Media Alert] Say Goodbye to Brain Fog and Digestive Woes: Recharge with LAC  
Mar 30, 2025 01:40 HKT/SGT
ForexIGO by Avenix Fzco Enhances Automated Trading with Dual-Asset Precision  
Mar 29, 2025 21:30 HKT/SGT
WiseChain.io Unveils AI-Powered Social Trading and Tailored Investment Solutions for Canadians and Seniors  
Mar 29, 2025 11:00 HKT/SGT
Mobvoi 2024 Annual Results Announcement  
Mar 29, 2025 02:19 HKT/SGT
Dynasty's Profit Attributable to Owners of The Company Increases by 57%  
Mar 29, 2025 00:42 HKT/SGT
Hua Medicine Announces 2024 Annual Results  
Mar 28, 2025 21:51 HKT/SGT
Analogue FY2024 Revenue Rose to HK$6,450 Million with Adjusted Profit Attributable to Owners of the Company Increased to HK$206 Million  
Mar 28, 2025 21:21 HKT/SGT
Accelerated Transformation of New Quality Productive Forces with Growing Efficacy in Sci-Tech Innovation Layout  
Mar 28, 2025 18:21 HKT/SGT
WL Delicious Announced 2024 Annual Results  
Mar 28, 2025 16:55 HKT/SGT
Leading the Future with Reform and Innovation, Embarking on a New Chapter of Global Development  
Mar 28, 2025 16:05 HKT/SGT
More Press release >>
 Events:
More events >>
Copyright © 2025 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Cookies Policy | Privacy Policy | Disclaimer | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575