China-Based WeRide Gets California Okay to Test Driverless Cars with Passengers
Autonomous driving startup aims to raise valuation to $5 billion in upcoming funding round
California is at the forefront of autonomous vehicle testing, with several companies already testing their vehicles on public roads.
**August 13, 2023 (Reuters) -** China-based autonomous driving startup WeRide has received approval from California to test its driverless vehicles with passengers. The company announced the news on Thursday, saying that it would begin testing in the Bay Area.
WeRide is one of several companies that are racing to develop self-driving cars. The company has already tested its vehicles in China, and it is now looking to expand its testing to the United States. California is a key market for autonomous vehicle companies, as it has some of the most permissive laws in the country for testing self-driving cars.
WeRide's approval from California is a significant milestone for the company. It shows that the company is making progress in developing its technology, and it is a sign that the company is serious about bringing self-driving cars to market.
WeRide is not the only company that is testing driverless cars in California. Other companies, such as Waymo and Cruise, are also testing their vehicles in the state. The competition in the autonomous vehicle market is intense, but WeRide is confident that it can succeed.
**Conclusion**
WeRide's approval to test driverless vehicles with passengers in California is a sign that the company is making progress in developing its technology and is serious about bringing self-driving cars to market. The competition in the autonomous vehicle market is intense, but WeRide is confident that it can succeed. The company's upcoming funding round, in which it seeks a valuation of up to $5 billion, will be a key test of WeRide's ability to execute on its plans.
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