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Nissan-backed self-driving startup WeRide raises new funds, puts value at US$3.3 billion


Nissan-backed self-driving startup WeRide raises new funds, puts value at US$3.3 billion
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Nissan-backed self-driving startup WeRide raises new funds, puts value at US$3.3 billion
WeRide, an autonomous driving startup backed by Nissan, Renault and Mitsubishi, said on Thursday that it has raised hundreds of millions of dollars valuing the company at US$3.3 billion.
FILE PHOTO: A WeRide autonomous taxi is seen in Guangzhou, Guangdong province, China May 15, 2020. REUTERS/Yilei Sun
13 May 2021 09:25AM
(Updated:
13 May 2021 10:40AM)
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BEIJING -WeRide, a China-based autonomous driving startup backed by Nissan, Renault and Mitsubishi Motors, said it raised hundreds of millions of dollars in a funding round that it said valued the firm at US$3.3 billion. ....

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Chinese Startup WeRide to Begin Self-Driving Car Testing in the U.S.


Chinese Startup WeRide to Begin Self-Driving Car Testing in the U.S.
14 Apr 2021, 9:07 UTC ·
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The California Department of Motor Vehicles recently authorized Chinese startup WeRide Corp. to test two autonomous cars, with no safety driver, in San Jose.
Just a few years back, the thought of any type of vehicle with no driver in it riding alongside traditional cars in everyday traffic seemed to be something far away. Yet, the fully autonomous vehicle trend is growing fast, with many new startups focusing on self-driving technology. And, while self-driving testing with a safety driver on board is already gaining in popularity, releasing fully autonomous cars, with no driver, is an important milestone that is about to be reached. ....

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