Pony.ai and WeRide go public in Hong Kong, raising nearly 1.12 billion USD amidst opening day slump.
The post China’s L4 autonomous driving company Pony.ai and WeRide go public in Hong Kong, shares dip over 10% appeared first on CarNewsChina.com.
Category: WeRide
As of press time, WeRide fell 12.18 percent and Pony AI dropped 13.96 percent.
For details, please visit CnEVPost.
WeRide CFO alleges Pony AI used deliberately disparaging language about WeRide in its roadshow materials, calling it a deception of investors.
For details, please visit CnEVPost.
WeRide will collaborate with Grab to launch an autonomous ride-hailing service named Ai.R in Singapore, initially deploying 11 robotaxis.
For details, please visit CnEVPost.
Grab will invest tens of millions of dollars in WeRide, with the transaction expected to close by the first half of 2026.
For details, please visit CnEVPost.
Autonomous vehicles in Guangzhou logged 1.3 million hours of test operation.
The post China reports 24.41 million km of autonomous vehicle testing across a citywide program, with 17 companies participating appeared first on CarNewsChina.com.
WeRide gets the green light to roll out robotaxis across Saudi Arabia, starting with a pilot in Riyadh with Uber and its local partner Ai Driver.
For details, please visit CnEVPost.
WeRide is one of China's earliest companies focused on smart driving solutions, and went public on the Nasdaq in October 2024.
For details, please visit CnEVPost.
WeRide's first robotaxis will start commercial operations with safety officers and fully driverless testing in Dubai this year, with fully driverless commercial operations set to start in the first quarter of 2026.
For details, please visit CnEVPost.
WeRide will begin robotaxi pilot operations on the Uber platform in the coming months and plans to launch commercial robotaxi operations in Saudi Arabia within 2025.
For details, please visit CnEVPost.