China’s Yutong invests US$200m in WeRide | Automotive Industry News
Chinese technologies corporation WeRide past 7 days mentioned it has lifted US$200m in its B1-collection fundraising from local bus-maker Yutong Group, in accordance to local reviews.
WeRide is 1 of China’s leading autonomous driving technologies corporations and Yutong’s strategic financial commitment is the premier by any car manufacturer so much.
Yutong is looking to bolster its partnership with WeRide in anticipation of foreseeable future desire for autonomous general public transport vehicles in the place.The two corporations have now worked jointly on the development of the driverless mini “Robobus”, a entrance-loading car with no steering wheel, accelerator or brakes.
The two