WeRide trims losses as China’s robotaxi race gains momentum
The company currently holds autonomous driving permits in eight countries, the most out of all robotaxi players in the region WeRide narrowed its third-quarter net loss on increased…
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WeRide
LTA greenlights autonomous vehicle testing by WeRide, Grab in Punggol ahead of AV shuttle service’s public launch
An autonomous ride service operated by both companies is expected to take public passengers in Punggol by early 2026 The Land Transport Authority (LTA) has granted approval to Grab and…
China’s robotaxi firms Pony.AI and WeRide sink on Hong Kong debut
SHARES in Chinese self-driving start-ups Pony.AI and WeRide tumbled on their Hong Kong debuts on Thursday, after raising more than US$1.1 billion, with experts warning China is not yet…
WeRide is poised to raise HK$2.39 billion in Hong Kong listing
WeRide is set to raise HK$2.39 billion (S$402 million) from its Hong Kong share sale, according to sources familiar with the matter, as it joins a slate of US-listed Chinese firms seeking…
Uber to plan investments in Hong Kong listings of Pony AI, WeRide
UBER Technologies is planning to invest in the Hong Kong listings of Pony AI and WeRide, according to people familiar with the matter, deepening the ride-hailing giant’s ties with the…
China’s WeRide secures LTA approval to run driverless bus without safety officer in Sentosa
China-based WeRide has secured approval from Singapore’s Land Transport Authority (LTA) to operate a driverless bus in Sentosa without an on-board safety officer. This will be the first…
China’s WeRide, Malaysia’s Causeway Link among firms bidding to run driverless public buses in S’pore
The local offshoot of Chinese self-driving technology company WeRide and a consortium led by Malaysian bus operator Handal Indah, also known as Causeway Link, are among four companies that…
WeRide joins Tencent Cloud to build smart driving services for overseas markets
Chinese self-driving startup WeRide said on Tuesday (May 20) that it will partner with Tencent Cloud to promote large-scale robotaxi commercial operations and build smart driving…
Nvidia cuts stake in Arm Holdings, discloses position in China’s WeRide
NVIDIA reduced its stake in British chip firm Arm Holdings by about 44 per cent and exited its holdings in Serve Robotics and SoundHound AI in the fourth quarter, a regulatory filing…
Chinese self-driving car company WeRide notches US$4.21 billion valuation in US IPO
SELF-DRIVING car company WeRide notched a valuation of about US$4.2 billion, after raising US$120 million in its US initial public offering (IPO) on Friday (Oct 25), becoming the latest…