WeRide, a Chinese startup developing autonomous vehicles, said on Wednesday it had raised $200 million from Yutong Group, the parent of bus maker Zhengzhou Yutong Bus, and the two companies would develop self-driving buses together, reported Reuters.
The move comes as autonomous driving companies are expanding their product lineups.
Guangzhou-based WeRide, which is also backed by the Nissan-Renault-Mitsubishi alliance, said it had developed a self-driving minibus with Yutong, which does not have a steering wheel.