British self driving startup Wayve enters Germany with new testing and development hub

Quick Summary:

British startup Wayve will establish a new testing and development hub in Germany, deploying a fleet of test vehicles in the Stuttgart region, the self-driving technology firm said on Monday.

Earlier in May, SoftBank Group led a funding round exceeding $1 billion, with Nvidia pitching in as well.

In August, ride-hailing platform Uber invested an undisclosed amount in Wayve.

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Article Details

Category: EconomyBusiness

Markets: SingaporeGermanyUnited States

Topics: Human British Self-driving Wayve Mediacorp Market Germany Technology Firm Experience Startup

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-03 @ 15:02:50 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 234 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 26621291

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