Category: eV
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Chinese self-driving startup WeRide plans to start autonomous vehicle testing in Singapore this year
In September 2022, WeRide launched its Singapore company and signed a memorandum of cooperation with a subsidiary of a local public transport operator in November.
(Image credit: WeRide)
Chinese self-driving startup WeRide plans to start testing autonomous vehicles in Singapore this year, as it begins to set its sights on Southeast Asian markets.
WeRide will work with Strides, a subsidiary of Singapore's largest public transport operator SMRT, to test and pilot self-driving vehicles in the Southeast Asian country, according to an article yesterday on its official WeChat account.
In September 2022, WeRide established the Singapore branch and signed a memorandum of cooperation with Strides in November, according to the article.
SMRT and another Singaporean investment house, K3 Ventures, are both strategic investors in WeRide, and they will help the company grow in Singapore and Southeast Asian markets, the article said.
On March 27, Singapore Prime Minister Lee Hsien Loong kicked off a six-day visit to China and visited WeRide's headquarters in Guangzhou, said the article.
WeRide's office in Singapore is hiring talents there, and the company will use the office as a regional development center for Asia Pacific operations, according to its founder and CEO Han Xu.
Founded in Guangzhou in 2017, WeRide's products include Robotaxi, Mini Robobus, Robovan, Robo Street Sweeper and SAE L2-L4 advanced smart driving solutions.
WeRide is now testing and operating driverless vehicles in 25 cities in 5 countries, according to the article.
The company has a fleet of more than 500 self-driving vehicles and more than 16 million miles of autonomous driving, WeRide said.
On March 13, Bloomberg reported that WeRide has confidentially filed for an initial public offering in the US and hopes to raise as much as $500 million.
WeRide is poised to go public as early as the first half of this year, according to the report.
In March 2022, local media outlet LatePost reported that WeRide had closed a new round of over $400 million in financing, with a post-investment valuation of $4.4 billion.
Investors in the round included GAC Group, Bosch, China-Arab Investment Funds, and Carlyle Group, the report said.
WeRide unveils smaller, lower-cost self-driving sensor suite
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Denza N8 is an expensive BYD Tang sibling. To launch this year
The Denza N8 was officially unveiled in China and became a disappointment.
The post Denza N8 is an expensive BYD Tang sibling. To launch this year appeared first on CarNewsChina.com.
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Denza starts warming up for new SUV N8, releases official exterior images
The Denza N8 will be a mid to large-size SUV that will be available in 5-, 6- and 7-seat versions.
(Image credit: Denza)
BYD's premium new energy vehicle (NEV) brand Denza seems to be preparing to market two new SUVs in parallel.
Denza is already warming up for the new SUV, the Denza N8, as it just started intensive marketing on the Denza N7 earlier this month.
The brand shared several images of the Denza N8 on Weibo today, showing off the model's exterior design.
Denza didn't share anything else, but the information it released earlier this month suggests that the Denza N8 will carry over much of the design of the now-discontinued Denza X.
The Denza X measures 4,890 mm, 1,950 mm, 1,725 mm and has a wheelbase of 2,820 mm.
The Denza N8 will be mid to large-size SUV that will be available in 5-, 6- and 7-seat versions, featuring the Denza family's new π-Motion design language, it said earlier this month.
On March 14, Denza released a video of one of the Denza N8's winter tests, showing a maximum charging power of 175 kW for the model's electric-only version and 90 kW for the plug-in hybrid version.
Denza was established in February 2011 as a 50-50 joint venture between BYD and Daimler, the first Sino-foreign joint venture in China to focus on NEVs. In February 2022, the Daimler brand was rebranded as Mercedes-Benz.
Last year, BYD's stake in Denza increased to 90 percent, and Mercedes-Benz's stake decreased to 10 percent.
In August 2022, Denza launched the D9 MPV, the brand's first model after its rebranding. The Denza D9 began deliveries at the end of October last year.
On March 6, Denza released several exterior images of the Denza N7 on Weibo.
On March 9, the Denza N7 appeared on a regulatory declaration list with a paging showing the car's length, width and height of 4,860 mm, 1,935 mm and 1,602 mm respectively, with a wheelbase of 2,940 mm.
The Denza N7 has inspired a high level of enthusiasm, and with the announcement of Denza's partnership with French high-end audio brand Devialet on March 22, there have been particularly many inquiries from customers every day, said Zhao Changjiang, general manager of Denza's sales division, on Weibo on March 26.
Many customers want to have Denza N7 launched as soon as possible, and according to the inquiry volume data, the model is expected to get 30,000 orders before its launch in the middle of the year, Zhao said.
Denza N7 expected to get over 30,000 orders before mid-year launch, exec says
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