Ride-hailing giant Uber partners with Chinese robotaxi company WeRide to launch autonomous vehicle rides in Abu Dhabi, marking a significant milestone for the global AV market. This collaboration represents the largest commercial robotaxi service outside the US and China, boosting the burgeoning autonomous driving industry.
Chinese autonomous driving startup WeRide successfully raised $440.5 million through an initial public offering (IPO) in the U.S., marking a significant step in its mission to revolutionize transportation. The company’s IPO saw strong investor interest despite a challenging market environment, showcasing confidence in its innovative technologies.
WeRide, a leading robotaxi company, has announced a strategic partnership with Uber to bring its driverless vehicles to the Uber platform, starting in the UAE by the end of the year. This partnership marks a significant step for WeRide, which is also aiming to relaunch its stalled U.S. IPO after receiving new approval from China’s securities regulator.
Uber is expanding its autonomous vehicle offerings by partnering with WeRide to launch self-driving taxis in Abu Dhabi. This partnership marks a significant step forward for both companies and the future of transportation in the UAE.
Chinese autonomous driving startup WeRide has reportedly put its US IPO on hold. This decision comes days before the deadline for regulatory approval and amid heightened US scrutiny of Chinese autonomous and internet-connected vehicles. The company was seeking to raise up to $119.4 million through the offering, but the current environment may have prompted the delay.
WeRide, a Chinese autonomous driving startup, has been granted permission by the California Public Utilities Commission to test its driverless vehicles with passengers in San Jose and surrounding areas. This significant development places WeRide in the global race for autonomous vehicle technology, amidst challenges and competition from companies like Waymo, Baidu, and Mobileye.
WeRide, in partnership with Resorts World Sentosa and EZ Buzz Pte. Ltd., has launched Singapore’s first publicly accessible Level 4 autonomous Robobus route. The 1.2-kilometer shuttle service operates at Sentosa, offering a convenient and innovative transportation option for tourists and hotel guests.
