WeRide has 12 active vehicles and will operate in San Jose and nearby areas.
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Category: Self-driving
Pony.ai is expected to make an IPO in the US as soon as September, and has already received investment interest from some institutional investors, according to local media.
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Nullmax has launched Nullmax Intelligence and plans to launch full-scenario intelligent driving solutions based on the technology by 2025.
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The maker of self-driving technology solutions recently raised several hundred million yuan in its latest funding round.
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Baidu's self-driving ride hailing platform Apollo Go is close to break-even and aims to be profitable by 2025.
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Pony.ai plans to issue up to 98,149,500 ordinary shares and list on the Nasdaq or New York Stock Exchange.
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The new funding comes just two months after the previous one of over RMB 100 million, and is one of the few large funding rounds in China's autonomous driving space.
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The R&D center will focus on exploring cutting-edge areas of autonomous driving and introducing customized autonomous driving solutions for the European market and users, Pony.ai said.
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Pony.ai plans to set up a joint venture with South Korea's GemVaxLink in Seoul within the year, which will deploy a fleet of autonomous vehicles in Seoul in the initial phase.
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Haomo's new funding is the first in the autonomous driving space after China’s Lunar New Year holiday, and one of the few large amounts raised in the space during the capital winter of the past couple of years.
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