laitimes

GAC's strategic investment in Wenyuan Zhixing will build a fleet of tens of thousands of Robotaxi vehicles

GAC's strategic investment in Wenyuan Zhixing will build a fleet of tens of thousands of Robotaxi vehicles

Jiwei Network news, in recent years, car companies have accelerated investment in domestic head autonomous driving start-ups. In September this year, GM announced that it would invest $300 million in Momenta to accelerate the development of next-generation autonomous driving technology for future Chinese models; in March this year, SAIC Motor, Toyota, Bosch and others led the InvestmentaC wheel. In order to prepare for higher-level intelligent driving mass production, more and more car companies have begun to invest in industry-leading intelligent driving start-ups.

On the evening of December 14, GAC Group issued an announcement that the board of directors deliberated and passed the "Proposal on Investing in Wenyuan Zhixing", and agreed to invest US$30 million in WeRide Inc., a subsidiary of GAC Capital.

The two sides said that they will work together to build a perfect Robotaxi ecological network, covering technology, products to commercialization, etc., and plan to gradually establish a robotaxi fleet of tens of thousands of vehicles in the next few years, with the Guangdong-Hong Kong-Macao Greater Bay Area as the core to radiate to the whole country, and launch safe, economical and green autonomous driving travel services for the public.

It is understood that Wenyuan Zhixing WeRide was founded in 2017, headquartered in Guangzhou, the team size of more than 800 people, is the first global automakers and global bus manufacturers strategically led by the autonomous driving enterprises, is also the world's first in the United States and china to carry out unmanned testing of the three major product matrices, has formed a driverless taxi (Robotaxi), Mini Robobus and the same city freight car (Robovan) three major product matrix, Provide multi-scenario services from online ride-hailing, on-demand buses to same-city freight, and explore the commercialization of autonomous driving.

Han Xu, founder and CEO of Wenyuan Zhixing, said: "Wenyuan Zhixing continues to promote the technological innovation and operation practice of Robotaxi and Intelligent Mobility, and the strategic cooperation with OEMs is inseparable from the process. As the cooperation with GAC Group enters its fifth year, the two sides usher in a new starting point, realize the first breakthrough in the mass production of L4 level autonomous driving front-loading, and open up a new pattern for the next stage of Robotaxi. ”

Zeng Qinghong, chairman of GAC Group, said that under the development strategy of "new four modernizations" of the national automobile industry, GAC Group has advanced its layout, adhered to independent research and development and joint venture cooperation two-wheel drive, and has always been at the forefront of the industry in intelligent manufacturing and automatic driving. Wenyuan Zhixing's leading strength in the field of automatic driving, especially in Robotaxi's technology and operation, is obvious to all in the industry, and we are very pleased that the cooperation with Wenyuan Zhixing has taken another big step forward to jointly promote the research and development and landing of high-level autonomous vehicles.

(Proofreading/New)

Read on