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Jahnavi Nidumolu

People walk past a WeRide autonomous driving robobus near its office in Guangzhou, Guangdong province, China May 11, 2021. REUTERS/Yilei Sun/ File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

China’s WeRide raises $440.5 million through US IPO, placement

Self-driving firm WeRide reached a $4.21B valuation after raising $120M in its U.S. IPO, benefiting from eased regulations.

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