China-based WeRide deepens tech partnership with Nissan Motor

On Wednesday, in a statement, China-based autonomous driving startup WeRide, said will deepen its autonomous driving technology partnership with Nissan Motor and aims to raise $310 million in a new funding round which chasing a valuation of $3.3 billion. Guangzhou-headquartered WeRide, which is testing vehicles in California, did not disclose details on the size of the…

China based autonomous driving startup WeRide valued at $3.3 billion in latest funding round

In a statement, WeRide, a China-based autonomous driving startup which is backed by Renault, Nissan, and Mitsubishi Motors  said, it has raised “hundreds of millions” of dollars in its latest funding round which valued it at $3.3 billion. Guangzhou, China headquartered WeRide however did not disclose details on the size of the funding. In a…

Nissan-backed WeRide receives permit to test passenger vehicles on public roads in California

In a statement California’s Department of Motor Vehicles said autonomous driving startup WeRide has received a permit to test two passenger vehicles on California’s public roads without a safety driver. Nissan and Mitsubishi,backed WeRide, is also testing its driverless vehicle in China’s southern city of Guangzhou. Technology and automakers are investing billions of dollars in…