Nissan-backed Chinese startup WeRide to start developing self-driving vans

A self-driving minibus jointly developed by Chinese autonomous vehicle startup WeRide and bus maker Yutong Group. Source: WeRide

WeRide, a China-based autonomous driving startup, said on Thursday that it would start developing self-driving vans for urban logistics service, with automaker JMC and delivery firm ZTO Express.

The Guangzhou-based startup, led by founder Tony Han, is pursuing what is known in the auto industry as a level 4 autonomous standard, in which the vehicle can handle all aspects of driving in most circumstances with no human intervention.

WeRide is currently testing autonomous passenger cars and mini-buses.

Backed by Nissan Motor, WeRide said in a statement that it would jointly develop self-driving vans with JMC, in which Ford Motor has a stake, and ZTO. A pilot test will take place near the airport in Guangzhou city.

Automakers and technology firms are investing billions of dollars in autonomous driving, aiming to take an early lead in what many consider the future of mobility.

Reuters

Singapore Reporter/s

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.