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Renault-Nissan-Mitsubishi led a $310m funding round in WeRide.

Synopsis

Renault-Nissan-Mitsubishi, a manufacturer of electric vehicles catering to the automobile industry, led a $310m funding round in WeRide, a developer of fully autonomous vehicles designed to deliver a safe, robust and convenient MaaS. Additional investor includes China Structural Reform Fund, a private equity investment firm. "As China stands at the forefront of helping define the future of mobility, we are delighted to partner with WeRide to bring even more innovative technologies and services to enrich people's lives in China," Ashwani Gupta, Nissan CEO.

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