PARIS, France — June 3, 2025 — WeRide, a global leader in autonomous driving technology, is partnering with Renault Group, a premium partner of Roland-Garros, for the second consecutive year, to provide a Level-4 autonomous minibus shuttle service during the 2025 Grand Slam tournament on the iconic clay courts.
Category: Alliance Ventures
WeRide and Renault Group launch their first autonomous Robobus trial in Spain
March 11, 2025 – Barcelona – WeRide (Nasdaq: WRD), a global leader in autonomous driving, and Renault Group will offer a free autonomous Robobus trial service in the center of Barcelona from March 10th to 14th, aiming to showcase the maturity and potential of automated transport technologies for the first time in a dense and complex urban environment. The demonstration highlights the technological leadership in autonomous driving solutions that WeRide and Renault are bringing to enable agile, flexible, modern, eco-friendly, and affordable mobility, especially for European cities aspiring to carbon neutrality and Low Emission Zones.
Tekion CEO Jay Vijayan interview; Infiniti stores combine with Nissan
Tekion CEO Jay Vijayan talks about the digital retail company’s busy year and its partnership with Hyundai. Infiniti lets some U.S. retailers combine with Nissan. Plus, Subaru once again tops Consumer Reports’ brand ranking.
enjoyelec Partners with Nissan (China) and iVision to Accelerate Energy Management Innovation
enjoyelec, Nissan (China), and iVision have formed a partnership to advance energy management solutions in China. By combining their expertise in distributed energy management, renewable energy technologies, and digital innovation, the partnership seeks to accelerate the shift to clean energy, specifically in the industrial and commercial sectors.
WeRide officially listed on Nasdaq
New York, 25th Oct, 2024 – WeRide, the leading global commercial-stage company, was officially listed on the Nasdaq Global Select Market under the ticker symbol “WRD.” Upon listing, WeRide became the world’s first publicly listed universal autonomous driving technology company and the first publicly listed Robotaxi company. The initial public offering price was set at $15.5 per American depositary share (ADS). If the underwriters fully exercise the granted option, the Company will issue a total of 8,903,760 ADSs. The total proceeds from the public offering, combined with $320 million concurrent private placement, are expected to amount to $458.5 million, assuming the underwriters of the initial public offering fully exercise their option.
Renault Group, Mobilize and The Mobility House launch Vehicle-to-Grid in France
- France becomes the first country to enable Vehicle-to-Grid (V2G) technology for electric vehicle owners.
- Renault 5 owners can now charge and drive for free—thanks to a bidirectional AC charging station and a corresponding energy contract.
- The Mobility House, together with Renault Group and Mobilize, provides the expertise and technology to pool vehicle batteries, trade charging energy on energy markets, deliver grid services, and offer customers the benefits of an innovative energy tariff.
- The technology and processes are also ready for launch in Germany. However, the country is in the process of developing the regulatory framework and effective market processes for smart meters quick rollout.
Driverless Minibus Hits the Clay Courts at Roland-Garros
Paris, 26th May 2024 – Renault, premium partner of Roland-Garros, and French Tennis Federation (FTT), together with WeRide, a globally leading autonomous driving technology company, provide a L4 driverless minibus shuttle service for this Grand Slam tennis tournament held on the red clay.
This milestone highlights WeRide’s global leadership in autonomous driving with its strong technological foundation, and extensive operational experience, further gaining trust and recognition in the international market.
Mobilize selects The Mobility House for their Vehicle-To-Grid service
- Mobilize, a Renault Group brand, and The Mobility House will provide the first commercial Vehicle-To-Grid (V2G) offering starting 2024, initially in France, Germany and the United Kingdom.
- Renault customers will – through bidirectional charging and discharging – take part in the energy transition and earn money with their electric car when they are not using it for driving.
- The Mobility House’s technology will be used to market the electricity stored in the batteries on the energy markets, maximizing the value of mobile storage devices in the energy system and unlocking their full potential.
- Renault is the first major car manufacturer to use The Mobility House’s technology portfolio to enable bidirectional charging for its customers.
Research scope
Alliance Ventures focuses its research on the connected services, EV & Energy, new battery-technologies and new mobilities.
Besides, given the growing challenges in Circular Economy and Clean Tech, we are widening our research scope also to these domains including innovative battery recycling and alternative fuels companies which are key for Automotive Industry.
Powershare is closing series A+ round of financing
PowerShare, the developer of AI & Cloud based sustainable energy digital services intended to provide Energy & Battery AI technology, is closing series A+ round of financing. The round was led by Volvo Cars Tech Fund and Alliance Ventures participated.
This investment will enhance the global market expansion of its core businesses, such as Virtual Power Plant (VPP), Distributed Energy Resources Management System (DERMS), Battery AI Platform (BAP) and Energy AI Platform (EAP).
As a reminder, PowerShare is a digital energy and intelligent power management company with leading battery and energy AI technology at its core,and provides cloud-based energy management solutions, with over 100 proprietary AI algorithms in the field of battery performance, virtual power plant and smart charging technology.
One of PowerShare’s core offerings is the Virtual Power Plant (VPP) cloud solution, which can help foster more sustainable energy solutions.
This service-provider software platform connects and aggregates energy terminals such as industrial and residential energy storage, and charging stations, including clean energy terminals, such as solar panels and photovoltaic panels.
Based on AI, IoT (Internet of Things), and big data, VPP can carry out electricity trading to match energy production with energy demand from the grid. The system can overcome challenges caused by extreme weather and other external factors that disrupt green energy power supplies, compensating for the disadvantages of the traditional grid.