Weride Inc. (China)

The Company is an investment holding company, principally engaged in providing autonomous driving products and services.
The Company is the first to develop a universal autonomous driving technology platform, WeRide One, which has been directly applied in a wide range of urban-centered use cases and sets us apart from our competitors. WeRide One integrates full-stack software algorithms, modularized hardware solutions, and a cloud-based infrastructure platform.
The Company generates revenue primarily from (i) the sales of our L4 autonomous driving vehicles, mainly including its robobuses, robotaxis and robosweepers and related sensor suites, and (ii) the provision of L4 autonomous driving and ADAS services, including the provision of L4 autonomous driving operational and technical support services as well as ADAS research and development services.
The Company aims to develop safe and reliable driverless solutions to make mobility and transportation safer, more affordable, and accessible.
HISTORY
2017 The Company was incorporated in the Cayman Islands on March 13, 2017.
2018 In 2018, The Company acquired a 15.4 equity interest in Fujian Muyue Technology Co., Ltd. which, through its subsidiaries, is principally engaged in the research and development of purpose-built robosweeper and trucks in the PRC.
2021 On June 30, 2021, The Company acquired the remaining 84.6 equity interest of Fujian Muyue Technology Co., Ltd.
In July 2021, The Company announced the acquisition of MoonX.AI.