Bosch makes strategic investment in WeRide

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WeRide, which is developing Level 4 autonomous driving technology, has received a strategic investment from Bosch. The two parties have signed a strategic cooperation agreement and will jointly develop autonomous driving (AD) software.

WeRide One is a set of universal software that provides a high level of flexibility to achieve autonomous driving capabilities from SAE Level 2 to 4. Based on WeRide One and the advanced driving solution from Bosch China, the two parties will jointly develop data-driven intelligent driving software to provide OEM customers in the Chinese market with faster and better service and deliver SAE Level 2-3 advanced intelligent driving experiences, covering various scenarios such as urban, highway and elevated roads in China earlier.

Developed by Bosch Cross-Domain Computing Solutions China, the advanced driving solution is an intelligent driving system tailored for the Chinese market which comprises key technical elements such as centralized computing platforms, sensors, software applications and cloud services. It has been designed with a future-proof scalable architecture.

The solution is fully equipped with system-level safety designs encompassing functional safety, cybersecurity and safety of the intended functionality, and sets out rigorous requirements for both software and hardware development processes, as well as the verification and release of systems.

Li Yin, president of Bosch Cross-Domain Computing Solutions, China, said, “With the increased adoption of intelligent driving technologies in new vehicles, advanced driving solutions are shaping up to be the next blue ocean for the industry. Bosch has built deep know-how in engineering R&D and technical services in this field, along with its deep-rooted local presence and experience in volume production. WeRide brings to the table its innovative capabilities in autonomous driving technology R&D, product innovation and operation services. The cooperation between the two parties is set to accelerate the volume production of advanced intelligent driving solutions, and deliver a safer, more comfortable and smarter driving experience in China.”

Tony Han, founder and CEO of WeRide, said, “WeRide is always devoted to developing safe, cutting-edge and commercially viable autonomous driving solutions with the aim of empowering upstream and downstream ecosystems of the industry. Backed by over a century of continuous innovation, Bosch is a global leader in automotive technologies with profound expertise, market insight and invaluable customer relations. WeRide and Bosch are both well-positioned in this joint effort to drive the development and adoption of advanced intelligent driving technologies in China while lead the world in creating the best intelligent driving products.”

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Lawrence has been covering engineering subjects – with a focus on motorsport technology – since 2007 and has edited and contributed to a variety of international titles. Currently, he oversees Automotive Powertrain Technology and Professional Motorsport World magazines as editor.

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