Geely Farizon, WeRide and Kwoon Chung to develop first right-hand-drive robotaxi

M&A · PartnershipProduct / Tech
โดย PR Newswire·Read original
Summary · why it matters

Geely Farizon, WeRide and Kwoon Chung Bus Holdings have signed a strategic cooperation agreement to jointly develop a mass-produced robotaxi for right-hand-drive markets. The new model will be based on the existing factory-built GXR platform and will pioneer the industry's first ground-up design dedicated to right-hand-drive operating standards, going beyond a simple adaptation of the left-hand-drive Robotaxi GXR. Hong Kong will be the first city to deploy commercial right-hand-drive robotaxi services, with plans to later expand to Singapore, the United Kingdom, Japan, and Australia. Kwoon Chung Smart Mobility has already deployed left-hand-drive GXR units in Hong Kong and secured a pilot autonomous driving licence, with on-road trials underway. The collaboration builds on Geely Farizon and WeRide's existing partnership, which previously launched the Robotaxi GXR and achieved fully driverless commercial operations in Beijing and Guangzhou.

Impact on stocks 4

Industrials · 1 stocks
Kwoon Chung Bus Holdings Limited
0306
▲ PositiveDemandrelevance

Kwoon Chung is a direct partner in developing and deploying right-hand-drive robotaxis, expanding its autonomous mobility services.

Robotics & Physical AI · 1 stocks
WeRide Inc.
0800
▲ PositiveDemandrelevance

WeRide is a key partner in developing right-hand-drive robotaxis, expanding its autonomous driving business to new markets.

Electrification & Mobility · 1 stocks
Consumer Discretionary · 1 stocks

Theme Impact 3

Off-coverage companies 1

Farizon AutoPrivate▲ Positive
Demandrelevance

Farizon Auto (Geely Farizon) is providing the GXR platform for the robotaxi, opening new revenue streams in right-hand-drive markets.

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