Tag: autonomous cars

China’s WeRide secures more funding, pushing valuation to $3.3 billion

Only four months after securing Series B fundraising of $310 million, Chinese autonomous driving company WeRide says it has achieved its Series C funding round that brings its post-money valuation to $3 billion. This is first time the company has disclosed its value. The company did not share how much…

Read More

Intel’s Mobileye will test self-driving cars at up to 80 MPH in Germany

Intel’s Mobileye self-driving division has received regulatory approval to test its vehicles on German roads, Intel announced. With a safety driver at the wheel, it can shake down its systems on city streets and the Autobahn at up to 130 km/h (81 mph… Source

Read More