Wen Yuan Zhixing WeRide is an intelligent travel company with domestic leading L4 autonomous driving technology, which is committed to creating a new intelligent travel mode available to everyone.
Established two and a half years ago, Wen Yuan Zhixing has created a number of China firsts, including breakthrough cooperation with car companies and travel industry, the first application of 5G network, the innovation of autonomous driving business model, and the landing exploration of RoboTaxi trial operation, which is the leader of China from research and development of autonomous driving technology to commercialization.
Wen Yuan Zhixing Weiruide was founded on 20 17, with its headquarters in Guangzhou and operating branches in R&D, China, Beijing, Shanghai, Anqing and Silicon Valley. We have a strong technical team with 300 employees worldwide, 70% of whom are R&D engineers. The core management team has rich practical experience at home and abroad in technology research and development, business model and enterprise operation.
Change human travel with driverless technology. Since its establishment, Wen Yuan Zhixing WeRide has been focusing on the strategic cooperation between artificial intelligence technology, car companies and travel platforms, and exploring the commercialization of autonomous driving with the iron triangle model. In order to achieve this goal, we have gathered a group of industry elites and built a top-level partner ecosystem. We always adhere to the principle of safety first, so that every driverless trip is trustworthy. This belief has enabled us to develop the leading self-driving technology in China, and the most responsible self-driving taxi will be born here.
RoboTaxi is the focus of commercialization of Wen Yuan Zhixing, and we will concentrate our energy and resources on developing RoboTaxi business. We believe that L4-class self-driving passenger car or RoboTaxi is the segment with the greatest technical difficulty and commercial potential. As a leading domestic scientific and technological enterprise in RoboTaxi technology research and development and operation services, the WeRide autopilot algorithm developed by Wen Yuan Zhixing has realized a set of algorithms, which can basically realize the automatic driving of passengers in the whole city. At present, Wen Yuan Zhixing has established strategic cooperative relations with head enterprises in many fields, and gradually formed an ecological circle of commercialization of autonomous driving, including Renault-Nissan Mitsubishi Alliance, NVIDIA, Shangtang Technology, Baiyun Rental, Johnson Electric, China Unicom, etc., and has carried out in-depth cooperation in vehicle modification, algorithm upgrade, landing operation and 5G network application.
As a comprehensive business model, self-driving travel cannot be completed by a single technology company. Wen Yuan Zhixing emphasizes partnership and develops the iron triangle model, that is, autonomous driving technology, automobile companies and * * * service travel companies unite to set up a joint venture company to provide RoboTaxi services. Wenyuan Yuexing is the first joint venture under this model, and then the joint venture will invest in three-digit vehicles. In 2020, the trial operation of RoboTaxi will be carried out in a limited area of Guangzhou. In the future, we will strive to bring RoboTaxi operation mode into many cities in China and become the first large-scale commercial enterprise in the world to apply driverless technology.
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