Chinese self-driving startup WeRide acquires

Acquisition, divestment & Spinoff

WeRide’s acquisition highlights the rapid push to commercialize driverless technology in China amid increasing competition

According to a press release published on CNBC on July 21, Chinese autonomous vehicle startup WeRide paid an undisclosed sum for self-driving autonomous trucking firm MoonX.AI.

Thank you for visiting IHS Markit AutoTechInsight.

*A subscription to News & Analysis includes four IHS Markit-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Services. Please click here to subscribe.

For a free daily listing of headlines with limited access please sign up here.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload