GAC Group invests in WeRide for commercial operation of Robotaxis

On December 14, Guangzhou Automobile Group Co., Ltd. (GAC Group) announced that its board of directors has approved the proposal on investment in WeRide, agreeing that GAC Capital Co., Ltd. (GAC Capital), a wholly-owned subsidiary of GAC Group, invests USD 30 million in WeRide Inc. (WeRide), a Level 4 autonomous driv....

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