Yandex resumed work on unmanned vehicles abroad under the Avride brand
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The international part of Yandex has resumed work in its autonomous vehicle division under the new Avride brand. writes TASS.
With reference to foreign registers of legal entities, the agency clarifies that Yandex Self Driving Group has been renamed Avride until June 2023.
Avride’s website says the company is a leading developer in the autonomous vehicle industry, with a team of several hundred engineers, many of whom worked at Yandex. Avride’s journey began in 2017. The company is said to be behind the launch of Europe’s first autonomous taxi service without a driver at the wheel.
In November 2022 Yandex informed about plans to divide the group’s assets. Some businesses, including autonomous cars, cloud technologies, etc., will continue to operate in Russia, but their international parts will be separated into independent companies managed by a company in the Netherlands.
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