WeRide Inc. Stock Price, News & Analysis

WeRide (WRD) has launched China's first 24-hour autonomous Robotaxi network in central Guangzhou, operating eight routes covering major landmarks and transportation hubs. The service, accessible through the WeRide Go app, connects key locations including Canton Tower, Guangzhou Baiyun International Airport, and Guangzhou South Railway Station.

WeRide has demonstrated strong operational credentials with over 2,000 days of public operations and zero safety incidents. The company has expanded its Robotaxi services to eight cities across China, UAE, and Switzerland. In September 2024, WeRide partnered with Uber to deploy Robotaxis in Abu Dhabi and Dubai, with plans to expand to 15 more cities globally over the next five years.

WeRide Inc. (Nasdaq: WRD), a global leader in autonomous driving technology, has scheduled the release of its first quarter 2025 financial results for May 21, 2025, before the U.S. market opens. The company will host an earnings conference call at 7:00 AM U.S. Eastern Time (7:00 PM Beijing Time) on the same day.

Participants must register in advance through the provided link to receive dial-in numbers and a unique access PIN. The conference call will be available via live and archived webcast on WeRide's investor relations website at ir.weride.ai.

Uber (UBER) and WeRide (WRD) have announced a major expansion of their strategic partnership to deploy autonomous vehicles in 15 additional cities globally over the next five years, focusing on markets outside the US and China. Following successful operations in Abu Dhabi and upcoming launch in Dubai, WeRide's Robotaxi services will be integrated into the Uber app, with Uber managing fleet operations.

This partnership represents one of the largest autonomous vehicle collaborations ever announced, combining WeRide's autonomous driving technology with Uber's global scale, operational expertise, and marketplace technology. The expansion aims to make autonomous driving solutions more accessible and affordable worldwide, particularly in European markets.

WeRide (Nasdaq: WRD) has launched its first fare-charging Level-4 autonomous robobus service in central Guangzhou, China. The service operates on a 13.6km loop route connecting major landmarks, with each journey taking approximately 55 minutes. The robobuses, carrying up to six passengers, operate daily from 7pm to 9pm and charge 10 RMB per ticket (50% discounted during trial). WeRide has been operating robobuses since 2022 and received China's first commercial robobus license in December 2023. The company has also expanded internationally, launching driverless commercial services in France in February 2025 and currently operates in multiple markets including Switzerland, Singapore, and Japan.

WeRide has achieved a significant milestone by receiving Guangzhou's first driverless road testing license for its Robovan W5 autonomous logistics vehicle. The license was granted during the unveiling ceremony of Guangzhou Nansha District's Autonomous Driving Test Base and Smart Transportation Demonstration Zone.

The Robovan W5, designed for urban freight and express delivery, features:

• Industry-leading L4 autonomous driving technology
• Largest cargo capacity in its class (5.5m³)
• Driving range of 220km
• Modular cargo space for flexible storage
• Multi-vehicle fleet management capabilities

This development follows Nansha District's introduction of trial safety guidelines for autonomous vehicle testing in Q1 2025. WeRide's selection for the first batch of licenses builds on its 6-year Robotaxi operational experience, positioning the company to accelerate the commercialization of autonomous logistics vehicles.

Hesai Technology (NASDAQ: HSAI) has announced its lidar solutions will power WeRide's autonomous vehicles operating on Uber's platform in Dubai, supporting the city's 2030 smart mobility initiative. Each autonomous vehicle will be equipped with four Hesai automotive-grade long-range lidars.

The partnership aligns with Dubai's goal to convert 25% of all city journeys into autonomous trips by 2030. WeRide, which secured the UAE's first national license for self-driving vehicles on public roads in July 2023, previously launched successful robotaxi operations in Abu Dhabi in 2021.

This collaboration builds upon Hesai and WeRide's existing relationship since 2019, when Hesai's lidars were first integrated into WeRide's autonomous fleets. In April 2022, the companies entered a strategic cooperation agreement to promote automotive-grade, hybrid solid-state lidar applications for L4 autonomous vehicles.

Uber (NYSE: UBER) and WeRide (NASDAQ: WRD) have announced a strategic partnership with Dubai's Road and Transport Authority (RTA) to introduce autonomous vehicles (AVs) in Dubai. The collaboration supports Dubai's Self-Driving Transport Strategy, which aims to convert 25% of all city journeys into autonomous trips by 2030.

WeRide, which became the first AV provider to secure UAE's national license for self-driving vehicles on public roads in July 2023, will serve as Uber's initial technology partner in this initiative. The partnership follows WeRide's successful commercial AV launch with Uber in Abu Dhabi in December 2024.

The collaboration will involve pilot programs utilizing Uber's technology to match riders with AVs, while focusing on data insights, safety protocols, and regulatory frameworks. This expansion adds Dubai to Uber's growing portfolio of markets where it's integrating self-driving technology into its platform.

WeRide (Nasdaq: WRD) has achieved a significant milestone by obtaining France's Level-4 driverless public road testing and operating permit, making it the only technology company worldwide to hold driverless permits across five countries: China, UAE, Singapore, France, and the US.

The permit, secured in partnership with French autonomous mobility operator beti, was obtained in a record three months through France's rigorous PACTE law process. The authorization allows WeRide's autonomous minibus to operate at speeds up to 40 km/h, the highest-speed driverless permit in France.

WeRide recently launched Europe's first public-road commercial autonomous minibus service in Valence, France, collaborating with beti, Renault Group, and Macif. The company plans to implement fully driverless commercial operations with remote hypervision by July 2025. WeRide currently operates in 30 cities across 10 countries, with various autonomous vehicles including robotaxi, robobus, and robosweeper.

WeRide Inc. (Nasdaq: WRD), a global leader in autonomous driving technology, has announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the Securities and Exchange Commission (SEC) on March 25, 2025.

The annual report, which includes audited consolidated financial statements, is available electronically on the company's investor relations website at https://ir.weride.ai and the SEC's website. Shareholders and ADS holders can request free hard copies by contacting WeRide's IR department at their Guangzhou headquarters.