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INTRODUCTION
manufacturer china designer charms wholesale china
hello welcome to china worthy chinese
autonomous driving company we ride has
unveiled its first cargo van the vessel
upon which it will self-drive into the
world of urban logistics
we ride will work with chinese
automobile manufacturer jungling motors
jmc and chinese express delivery company
zto express to commercialize its first
self-driving ban at scale
the deal was signed on wednesday by tony
han founder and ceo of we ride when we
jin executive vice president of jmc and
ren chun jin vice president of zto
during warride's latest online press
conference dubbed the next
as part of the agreement we ride in jmc
will jointly design purpose-built models
of the robovan for mass production on
jmc's assembly lines and zto will put
the robovans to good use in their urban
logistics service according to a
statement released by the company
we ride has been raking in cash over the
past year on its route to
commercialization with over 600 million
dollars raised from series b and c
rounds in the span of five months and a
current 3.3 billion valuation
in june the company acquired moon x
ai a guangzhou-based autonomous trucking
company although it hasn't yet committed
to developing a commercial product in
that space yet
either way having ride hailing
autonomous busing urban logistics and
even just a hint of self-driving trucks
in the pipeline means war rides moves to
diversify its autonomous portfolio are
edging it ahead of the competition
chinese search engine baidu self-driving
unit mainly focuses on robo taxi and as
of april this year buses
alongside its robo-taxi's pony ai has at
least piloted last mile logistics and
just recently got the go-ahead to test
its trucks out in china but so far no
buses
waymo via knocks both last mile and
trucking off the list and its autonomous
taxis make for a very long feather in
the company's cap but waymo hasn't yet
released any news about self-driving
buses
gm backed crews seems to be sticking
with small vehicles and all they can
provide which includes rideshare and
delivery
we ride says its van already has level 4
autonomous capabilities which the
society of automotive engineers defines
as a car that takes the wheel and
doesn't require human interaction in
most cases although a human still has
the option to manually override
level 4 vehicles can only operate in
limited areas which is why they have
most recently catered to ride sharing
but delivery vehicles could conceivably
operate within a geofence as well
because we ride already has two years of
experience testing out its robo-taxi
service with the public the company says
it's confident that the robovan will be
able to handle itself in a variety of
different traffic scenarios from inner
city to tunnels to highways across zto's
7SKU OEM Network which covers over 99 of china's
cities and counties according to zto
it's still too early in the process to
provide a detailed timeline on when we
ride in jmc will begin mass production
but the spokesperson said the next step
for we ride will be to pick one to three
locations to conduct pilot testing to
verify the vehicles and the system
stability
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