Chinese autonomous vehicle maker WeRide bags $200m from bus maker Yutong

Chinese autonomous vehicle maker WeRide bags $200m from bus maker Yutong

Photo: Reuters

WeRide, a Chinese startup developing autonomous vehicles, said on Wednesday it had raised $200 million from Yutong Group, the parent of bus maker Zhengzhou Yutong Bus Co Ltd, and the two companies would develop self-driving buses together.