Autonomous Driving Firm WeRide Receives Strategic Investment From Bosch

WeRide, a Guangzhou-based level-4 autonomous driving (AD) technology company, announced that it has obtained strategic investment from Bosch, one of the world’s leading automotive suppliers. The two parties have also signed a strategic cooperation agreement involving the joint development of AD software. This cooperation will accelerate the process of developing Bosch China’s advanced driving solution, moving SAE level 2-3 AD towards mass production.

WeRide ONE is a set of universal software that provides a high level of flexibility to achieve AD capabilities from SAE levels 2 to 4. Based on WeRide ONE and the advanced driving solution from Bosch China, the two parties will jointly develop data-driven intelligent driving software to provide OEM customers in the Chinese market with faster and better services, delivering SAE level 2-3 advanced intelligent driving experiences to cover various scenarios such as urban, highway, and elevated roads in China.

Developed by Bosch Cross-Domain Computing Solutions China, the advanced driving solution has been tailored for the Chinese market, comprising key technical elements such as centralized computing platforms, sensors, software applications, and cloud services. It has been designed with a future-proof scalable architecture.

The solution is fully equipped with system-level safety designs encompassing functional safety, cybersecurity, and safety of the intended functionality, and sets out rigorous requirements for both software and hardware development processes, as well as the verification and release of systems.

WeRide’s AD technology has been verified with over 11 million kilometers in rigorous AD test drives on open roads. Its innovative level-4 autonomous driving fleets comprise Robotaxis, Mini Robobuses, Robovans and Robo Street Sweepers. The four products are tested and operated for both day and night, traveling everywhere from central business districts (CBDs) to urban villages, from tunnels to highways, and in sunny, rainy, and snowy weather conditions.

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“With the increased adoption of intelligent driving technologies in new vehicles, advanced driving solutions are shaping up to be the next blue ocean for the industry. The cooperation between the two parties is set to accelerate the volume production of advanced intelligent driving solutions, and deliver a safer, more comfortable, and smarter driving experience in China,” said Yin Li, the president of Bosch Cross-Domain Computing Solutions, China.

Tony Han, the founder and CEO of WeRide said: “WeRide and Bosch are both well positioned in this joint effort to drive the development and adoption of advanced intelligent driving technologies in China while lead the world in creating the best intelligent driving products.”