The UAE has granted its first-ever Level 4 Self-Driving test license to transportation startup WeRide. The company will test multiple autonomous vehicles on populated streets. The license, the first of its kind in the history of the United Arab Emirates, was granted by the Kingdom's Cabinet. - WeRide is a startup founded in 2017 in Silicon Valley. The company has autonomous driving test permits in both the US and China and aims to build and scale vehicles that have Level 4 self-driving capabilities.
- Level 4 vehicles are defined as vehicles that are able to drive without human intervention in certain environments.
- The company has partnerships with Renault-Nissan-Mitsubishi Alliance, Yutong Group, Bosch, and others, which have helped boost its valuation to $4.4B as of 2022.
|
