HONG KONG -- Chinese autonomous vehicle startup WeRide has raised $310 million from bus maker Zhengzhou Yutong Group and several state-backed investors as Beijing rolls out new guidelines for testing self-driving cars.
Automobiles
Bus maker leads $310m funding for China self-drive startup WeRide
CMC and state-backed investment groups join round as new road tests start
WeRide will begin testing its autonomous buses this week on an island in Guangzhou, its headquarters city. (Photo courtesy WeRide)
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