Chinese Self-Driving Start-Up to Go Public in U.S.

The article reports on the initial public offering planned by WeRide, an autonomous driving Start-up in China, in New York. It cites the difficulty and geopolitical roadblocks for start-ups with ties to China that are looking to break into the U.S. market amid government scrutiny and trade restrictions on software and microchips. It informs about the permit granted by the California utility regulator to WeRide to carry passengers in its autonomous cars with or without a safety driver.