Tesla has a fresh rival in the race for autonomous driving. UK startup Wayve is signing up automakers, ride-hailing firms and major tech investors behind a self-driving approach that, unlike Tesla's, sells its software to other carmakers.
Tesla faces another autonomy challenger as Wayve builds momentum with automakers, ride-hailing partners and major tech investors.
Wayve recently signed a deal with Stellantis and Uber to explore Level 4 robotaxi deployments globally. The company also struck an earlier agreement with Uber and Nissan to develop robotaxis using the Nissan Leaf, with a pilot planned in Tokyo in late 2026 through the Uber app.
The startup's pitch differs from Tesla's. Co-founder Alex Kendall told The Wall Street Journal that not everyone wants to buy a Tesla, and said Wayve aims to bring autonomy software to other automakers. The company also expects to launch supervised autonomy software in consumer vehicles in 2027.
Founded in 2017, Wayve focuses on end-to-end deep learning and embodied intelligence, which helps its AI adapt to new environments. Its investors include SoftBank, Microsoft, Nvidia, Uber, Stellantis, Mercedes-Benz, Nissan, AMD, Arm and Qualcomm.
Source: TradingView
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