May. 13 at 3:36 PM
$WRD during the conference call it was mentioned that Europe was one of the regions where they would be expanding. Testing is taking place in Zurich. While in Geneva it will launch Robobus with TPG.
Switzerland is the most progressive country in Europe, when it comes down to Autonomous Vehicles. Their regulatory profile as well as legal framework are mature (ahead of EU frameworks).
High Earnings Market
Zurich is a high earnings per ride market. A typical city ride is roughly
$22–
$39, while an Airport to city center ride, puts you down
$55–
$77. Perspective: in Guangzhou Urban area, that’s roughly
$3.50-
$5.50 per ride.
WeRide is already involved in a highly successful prize winning project in the Canton of Zurich (Furttal) with partners STL (Swiss Tramsport Lab), SBB (Swiss Railways) and Aioki (Deutsche Bahn company). It has permits to commercially operate.
It recently upgraded their bus project in ZRH Interntional Airport (Airside) from L2 supervised to L3 (remote monitoring).