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China’s leading L4 autonomous driving mobility company WeRide announced Thursday it completed the Series B2 and B3 financing, marking that WeRide has raised a total of $310 million in a Series B funding.
Autonomous driving technology company WeRide has recently obtained more than $400 million in a new round of financing, and its valuation after the investment totals $4.4 billion.
According to recent reports, Chinese autonomous driving technology startup WeRide is considering an initial public offering, which may raise about $500 million. However, WeRide has denied the report.
L4 autonomous driving company WeRide announced Wednesday the completion of its Series B1 funding with a strategic investment of $200 million from Yutong Group.
As autonomous driving becomes more popular and easy to use, first-tier cities in China such as Beijing, Shanghai, Guangzhou and Shenzhen are striving to secure leading companies to settle in with supporting policies.
On February 24th, the autonomous driving technology company WeRide announced that Robotaxi GXR has started commercial operation on a large scale in Beijing.
WeRide, a Chinese autonomous driving startup, has raised more than $600 million in the past five months, bringing its valuation to $3.3 billion.
WeRide, an autonomous driving technology company, achieved cooperation with local government agencies in Guangzhou on September 1 to realize green and intelligent sanitation work based on the firm's unmanned sanitation trucks.
WeRide, a global autonomous driving company, announced today it raised hundreds of millions of dollars in its Series C financing, from IDG Capital, Homeric Capital, CoStone Capital, Cypress Star, Sky9 Capital, K3 Ventures, and others.
WeRide announces the strategic cooperation with China’s major automobile manufacturer GAC Group and its subsidiary mobility service platform ONTIME.
The California Department of Motor Vehicles (DMV) released a 2021 annual report on Wednesday, summarizing feedback reported during local testing of autonomous driving technology.
Chinese autonomous driving company WeRide offered hundreds of passengers their first-time robotaxi rides through the WeRide Go App and Alibaba’s Amap within the 144-square-kilometer operating area in Huangpu District in Guangzhou during the 8-day national day holiday.