UBER Technologies has entered into a partnership with Chinese autonomous driving start up WeRide to promote self-driving taxis on Uber's global platform, with the first deployment set to take place in Abu Dhabi by the end of the year, reports Caixin.
Founded in 2017, WeRide develops autonomous driving technology and is testing or deploying it commercially in 30 cities in seven countries. In July 2023, the company was granted the United Arab Emirates' first and only national licence for self-driving vehicles, enabling it to test and operate its autonomous vehicles on public roads across the entire country.
WeRide was backed by the China-UAE Investment Cooperation Fund in a funding round in January 2022, which gave the company a valuation of US$4.4 billion. In July, it filed for what could be the biggest US initial public offering by a Chinese company since ride-share company Didi Global's disastrous 2021 listing.
SeaNews Turkey
Founded in 2017, WeRide develops autonomous driving technology and is testing or deploying it commercially in 30 cities in seven countries. In July 2023, the company was granted the United Arab Emirates' first and only national licence for self-driving vehicles, enabling it to test and operate its autonomous vehicles on public roads across the entire country.
WeRide was backed by the China-UAE Investment Cooperation Fund in a funding round in January 2022, which gave the company a valuation of US$4.4 billion. In July, it filed for what could be the biggest US initial public offering by a Chinese company since ride-share company Didi Global's disastrous 2021 listing.
SeaNews Turkey
