Yutong Group led a $310m Series B round in WeRide.

Yutong Group led a $310m Series B round in WeRide, an autonomous driving mobility company, with participation from CMC Capital Partners, CDB Equipment Manufacturing Fund, Hengjian Emerging Industries Fund, Zhuhai Huajin Capital, Tryin Capital, Qiming Venture Partners, Sinovation Ventures and Kinzon Capital. "In the year 2021, more leading investors and partners are joining us, bringing in their strategic resources to fulfill the goal of commercializing self-driving technology. WeRide is capturing the upward trend in the development of AI-empowered mobility industry, and further accelerates R&D and the commercialization of our technologies. We will strengthen the stability and safety of self-driving systems, operate our services while adhering to regulations, and strive to bring more self-driving products to the market. We firmly believe that this technology will make the world better for everyone," Tony Han, WeRide Founder and CEO.