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China

WeRide raises fund of USD 0.2 billion from Yutong Group

On December 23, WeRide (China’s leading L4 autonomous driving company) announced that it completed the series B1 financing by receiving an investment of USD 0.2 billion from Zhengzhou Yutong Group Co., Ltd. (Yutong Group).
After this fundraising, the two companies will jointly promote applications of autonomous drivi....

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