WeRide Postpones US IPO Due to Documentation Delays

Chinese autonomous vehicle startup faces potential regulatory hurdles as Beijing's approval nears expiration

WeRide's IPO aims to raise up to $440 million with a valuation around $5 billion.
The delay is attributed to longer-than-expected documentation updates.
Beijing's approval for the IPO will expire this week, possibly requiring reapplication.
WeRide has raised $1.4 billion from investors including Bosch, GAC Group, and Nvidia.
Geopolitical tensions and potential US bans on Chinese tech add complexity to the IPO.