China’s Self-Driving Startup WeRide Surges 19% in Nasdaq Debut
China’s self-driving company WeRide saw its shares rise by 19% on their Nasdaq debut, following an IPO and private placement that raised a total of $440.5 million.
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California Approves WeRide to Test Passenger-Carrying Robotaxis
China-based WeRide has been approved by California’s CPUC to test driverless vehicles with passengers, marking a significant step in the company’s U.S. expansion despite regulatory challenges.