WeRide

Wenyuan Zhixing (WeRide) is a global leader inautomatic drivingtechnology company focused on developing safe and reliable driverless technology.

Company Overview

• Established: Wenyuan Zhixing was founded in 2017 and is globally headquartered in Guangzhou, China.
• Scope of business: It covers R&D, testing and operation of autonomous driving technology, and is committed to commercialized application scenarios such as intelligent travel, intelligent freight transport and intelligent sanitation.
• FinancingWenyuan Zhixing has completed several rounds of financing, including strategic financing, Series D, Series C, Series B, Series A and Pre-A, with investors including GAC Group, Bosch, IDG Capital, Yutong Group, and many other well-known enterprises and investment institutions.
• registered capital: According to the latest information, Wenyuan Zhixing's registered capital has increased to RMB 2.5 billion.

Technical strength and product matrix

• technical strengthWenyuan Zhixing has deep technical accumulation in the field of autonomous driving. Its self-developed full-stack software and hardware solutions are equipped with multi-module sensors such as LIDAR, high-definition camera, and blind-filling radar, which have strong autonomous driving capabilities and can adapt to complex road environments and traffic rules.
• Product MatrixWenyuan Zhixing has formed five product matrices, including self-driving cab (Robotaxi), self-driving minibus (Robobus), self-driving freight vehicle (Robovan), self-driving sanitation vehicle (Robosweeper), and advanced driving solution, and provides online taxi, on-demand public transportation, It provides a wide range of services such as net rides, on-demand public transportation, same-city freight transportation, intelligent sanitation, and advanced intelligent driving solution.

Market Layout and Operations

• marketplaceWenyuan Zhixing has carried out R&D, testing and operation of autonomous driving in 30 cities in 7 countries around the world, and is the only tech company that holds autonomous driving licenses in China, the US, the UAE and Singapore at the same time. It has offices in Beijing, Shanghai, Shenzhen, Wuxi, Zhengzhou, Nanjing and Wuhan in China, as well as San Jose in the U.S., Abu Dhabi in the UAE, Singapore and Stuttgart in Germany.
• OperationsWenyuan Zhixing's self-driving cab service has been commercially operated in Guangzhou and other places in China for more than 1,600 days. Meanwhile, Wenyuan Zhixing has also launched self-driving cab services in overseas markets, and has received favorable market feedback.

Cooperation and Honors

• cooperative partnerWenyuan Zhixing has entered into strategic partnerships with a number of the world's top OEMs and Tier 1 suppliers, including Renault-Nissan-Mitsubishi Alliance, Yutong Group, Guangzhou Automobile Group, Bosch, etc., providing them with advanced technical resources and market information.
• Honors and AwardsWenyuan Zhixing has won numerous domestic and international awards and recognitions for its outstanding technical strength and market performance. For example, Wenyuan Zhixing was ranked eighth in the "Companies That Change the World" list published by Fortune Magazine in 2023, and was the only Chinese company to make it into the top ten. In addition, Wenyuan Zhixing was also selected as one of the "2023 Forbes China - Top 30 Globalized Brands Going Overseas".

future outlook

With the continuous development of autonomous driving technology and growing market demand, Wenyuan Zhixing will continue to increase R&D investment and market expansion to promote the commercialization of driverless technology. At the same time, Wenyuan Zhixing will strengthen cooperation and communication with domestic and foreign enterprises and organizations to jointly promote the healthy development of the autonomous driving industry.