WeRide has said that it will deepen the development of autonomous driving technology with Nissan Motor.
The China-based autonomous driving start-up raised $310 million earlier this year, valuing the business at $3.3 billion.
WeRide, which was established in 2017, has received strategic investments from both the Renault-Nissan-Mitsubishi Alliance and Yutong Group.
The company launched its first Robotaxi service in November 2019 in Guangzhou, China.
Since June 2020, WeRide’s Robotaxi service became available to the public through Amap, a popular ride-hailing mobile app in China with 140 million monthly active users.
A total of 147,128 trips were completed for more than 60,000 passengers during the first year of WeRide Robotaxi services.
WeRide is currently testing its vehicles in California.
“As China stands at the forefront of helping define the future of mobility, we are delighted to partner with WeRide to bring even more innovative technologies and services to enrich people’s lives in China,” said Ashwani Gupta, chief operating officer, Nissan.
Latest News
-
ECB taps Portuguese start-up to build AI fraud shield for digital euro
-
Samsung partners with Coinbase for crypto services
-
Asda integrates ESL across 250 UK stores following 3 month trial
-
Accenture sharpens focus on AI with new appointments
-
Indonesia suspends TikTok registration over alleged ‘data sharing failures’
-
Iceland rolls out video and auction-based buying in media network expansion
The future-ready CFO: Driving strategic growth and innovation
This National Technology News webinar sponsored by Sage will explore how CFOs can leverage their unique blend of financial acumen, technological savvy, and strategic mindset to foster cross-functional collaboration and shape overall company direction. Attendees will gain insights into breaking down operational silos, aligning goals across departments like IT, operations, HR, and marketing, and utilising technology to enable real-time data sharing and visibility.
The corporate roadmap to payment excellence: Keeping pace with emerging trends to maximise growth opportunities
In today's rapidly evolving finance and accounting landscape, one of the biggest challenges organisations face is attracting and retaining top talent. As automation and AI revolutionise the profession, finance teams require new skillsets centred on analysis, collaboration, and strategic thinking to drive sustainable competitive advantage.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories