Idinvest Partners backs WeRide.ai, the first Chinese company in its Smart City portfolio
WeRide.ai (formerly JingChi.ai) is China's leading autonomous driving company specialised in Level 4 (L4) self-driving technology. The start-up is committed to creating autonomous driving technology for China that will profoundly change today's vision of automobile, transportation services and urban construction projects. With these investments and the support of its investors, WeRide.ai plans to deploy 500 autonomous vehicles in 2019, accumulate 5 million kilometres in self-driving, and to carry out operational tests and marketing strategies in Guangzhou and Anqing with other key partners. Since the launching of autonomous driving tests in China, WeRide.ai's self-driving vehicles have travelled over 60,000 km and have transported over 3,000 passengers worldwide.