WeRide Inc.(WRD)
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WeRide Joins Nasdaq Golden Dragon Index
Yahoo Finance· 2025-09-23 11:16
Core Viewpoint - WeRide Inc. has joined the Nasdaq Golden Dragon China Index, enhancing its visibility and potential for investor recognition in the autonomous driving sector [1][2][4]. Group 1: Company Developments - WeRide reported a significant revenue growth of 60% year-over-year, with sales reaching $17.8 million in Q2 2025 [3]. - The robotaxi segment's revenue surged nearly ninefold to $6.4 million, indicating strong demand for its autonomous driving services [3]. - The company has expanded its operations to over 30 cities across 11 nations since going public in October 2024 [5]. Group 2: Strategic Partnerships and Market Expansion - WeRide has formed a partnership with Grab to launch autonomous rides in Singapore and received a permit for its Robobus service in Belgium [5]. - An agreement with Uber is expected to enhance WeRide's presence in Europe and the Middle East over the next five years [6]. Group 3: Market Context - The Nasdaq Golden Dragon China Index, which includes 83 companies like Alibaba and JD.com, has recently seen improved sentiment, reaching its highest point since February 2022 [4]. - Despite the positive developments, WRD stock has experienced a decline of over 30% in the past year [4].
文远知行被纳入纳斯达克中国金龙指数:全球化业务布局持续推进
IPO早知道· 2025-09-23 10:27
Core Viewpoint - WeRide has been officially included in the Nasdaq Golden Dragon China Index, which is expected to bring multiple positive impacts for the company, enhancing its visibility and capital support for global business expansion [2][3]. Group 1: Positive Impacts of Inclusion in Nasdaq Golden Dragon China Index - The inclusion will lead to automatic stock allocation by passive investment funds tracking the index, providing long-term support for WeRide [3]. - The index primarily attracts institutional investors, which is expected to increase attention from more institutional investors and enhance market activity for WeRide [3]. - The inclusion will improve WeRide's brand image among global investors, potential customers, and partners, providing strong credibility for international business expansion [3]. Group 2: Market Context and Trends - The Nasdaq Golden Dragon China Index has shown an upward trend over the past six months, reaching its highest level since February 2022, reflecting optimistic sentiment in the global capital market towards the fundamentals and valuation recovery of Chinese companies [4]. - Given the overall positive sentiment towards Chinese concept stocks and the strong cycle of the index, WeRide's inclusion is seen as a favorable opportunity for benefiting from the overall value reassessment of Chinese companies [4]. Group 3: Recent Business Developments - WeRide has been actively advancing its business, announcing a partnership with Grab to launch the first consumer-facing autonomous driving service in Singapore on September 22 [6]. - On September 19, WeRide's Robobus received the first Level 4 autonomous driving license in Belgium, making it the only tech company with autonomous driving licenses in seven countries, including Belgium, China, France, UAE, Saudi Arabia, Singapore, and the USA [6]. - On July 23, WeRide officially launched the first Robotaxi trial operation service in Riyadh, Saudi Arabia, marking the third market for its collaboration with Uber, with plans to expand to 15 cities over the next five years [6]. Group 4: Financial Performance - WeRide reported a revenue of 127 million yuan for the second quarter of 2025, representing a year-on-year growth of 60.8%, with the Robotaxi business revenue reaching 45.9 million yuan, a significant year-on-year increase of 836.7% [7].
文远知行(WRD.US)被纳入纳斯达克中国金龙指数
Ge Long Hui· 2025-09-23 09:15
Core Viewpoint - WeRide has been officially included in the Nasdaq Golden Dragon China Index, which is expected to attract more investor attention and provide stronger capital support for the company's global business expansion, further solidifying its leading position in the autonomous driving sector [1][3]. Group 1: Impact of Inclusion in Nasdaq Golden Dragon China Index - Inclusion in the index will lead to automatic stock allocation by passive investment funds, providing long-term support for the company [3]. - The index primarily attracts institutional investors, which is expected to increase the company's visibility among institutional investors and enhance market activity [3]. - The inclusion will improve the company's brand image among global investors, potential customers, and partners, providing strong credibility for international business expansion [3]. Group 2: Performance and Growth - The Nasdaq Golden Dragon China Index has shown an upward trend over the past six months, reaching its highest level since February 2022, reflecting optimistic sentiment in the global capital market towards the fundamentals and valuation recovery of Chinese companies [3]. - WeRide has experienced significant global expansion, with operations in over 30 cities across 11 countries and more than 2,200 operational days [5]. - In Q2 2025, the company reported revenue of 127 million yuan, a year-on-year increase of 60.8%, with Robotaxi business revenue soaring by 836.7% to 45.9 million yuan [5].
文远知行被纳入纳斯达克中国金龙指数
Zheng Quan Shi Bao Wang· 2025-09-23 09:12
Group 1 - WeRide has been officially included in the Nasdaq Golden Dragon China Index (HXC) as of September 22 [1]
WeRide Included in Nasdaq Golden Dragon China Index
Globenewswire· 2025-09-23 09:00
Core Viewpoint - WeRide has been included in the Nasdaq Golden Dragon China Index, which is expected to enhance its visibility among investors and strengthen its position in capital markets [1][3]. Group 1: Inclusion in Nasdaq Golden Dragon China Index - WeRide's inclusion in the index will lead to automatic allocation of its shares in investment funds tracking the index, providing long-term support [3]. - The index is closely followed by institutional investors, which is likely to increase attention on WeRide and enhance market activity [3]. - This inclusion will bolster WeRide's brand image among global investors, potential clients, and partners, aiding its international business expansion [3][4]. Group 2: Market Context and Performance - The Nasdaq Golden Dragon China Index, which now includes 83 Chinese stocks, has shown an upward trend, reaching its highest level since February 2022, indicating growing optimism in global capital markets regarding Chinese companies [4][5]. - WeRide's inclusion is seen as a significant milestone against the backdrop of improving investor sentiment toward US-listed Chinese stocks [5]. Group 3: Company Milestones and Growth - WeRide was listed on the Nasdaq on October 25, 2024, becoming the first publicly listed Robotaxi company, and operates in over 30 cities across 11 countries [6][8]. - Recent partnerships and milestones include launching Grab's first autonomous vehicle service in Singapore and receiving Belgium's first Level 4 test permit, making WeRide the only company with autonomous driving permits in seven countries [6]. - In Q2 2025, WeRide reported revenue of US$17.8 million, a 60.8% year-on-year increase, with Robotaxi revenue surging 836.7% year-on-year to US$6.4 million [7].
新加坡首批Robotaxi上路 文远知行助力Grab推出Ai.R自动驾驶出行项目
Zheng Quan Ri Bao Wang· 2025-09-23 03:45
Core Insights - The collaboration between autonomous driving technology company WeRide and Southeast Asian super app Grab aims to launch the Ai.R project, the first consumer-facing autonomous ride-hailing service in Singapore [1][2] - The Ai.R project will operate in the Punggol area, providing autonomous shuttle services along two designated routes, marking Singapore's first deployment of such services in residential areas [1] - The initial fleet will consist of 11 autonomous vehicles, including the 5-passenger Robotaxi GXR and the 8-passenger Robobus, both of which have received Singapore's Milestone 1 certification [1][2] Project Details - Each Ai.R autonomous vehicle will be equipped with a trained Grab safety officer, transitioning from experienced Grab ride-hailing and taxi drivers, ensuring safety and reliability [2] - The project is set to officially begin passenger service in early 2026, enhancing accessibility to supermarkets, food courts, clinics, commercial areas, schools, and major transport hubs [2] - WeRide's CFO highlighted the deployment of Robotaxi GXR as a significant milestone for urban transportation development in the region, paving the way for broader commercialization [2]
文远知行与Grab推出Ai.R自动驾驶出行项目
Zheng Quan Shi Bao Wang· 2025-09-22 09:26
Core Viewpoint - The announcement of the Ai.R project marks a significant step in the deployment of autonomous driving services in Singapore, specifically targeting consumer transportation in residential areas [1] Group 1: Company Initiatives - The collaboration between Wenyuan Zhixing and Grab aims to launch the first consumer-facing autonomous driving service in Singapore [1] - The Ai.R project has been selected by the Land Transport Authority (LTA) of Singapore, indicating regulatory support for autonomous vehicle initiatives [1] Group 2: Service Details - The Ai.R service will operate in the Punggol area along two designated routes, providing transportation services to residents [1] - Initially, 11 autonomous vehicles will be deployed for the Ai.R project, showcasing a pilot phase for the service [1]
新加坡首批Robotaxi上路,文远知行助力Grab推出Ai.R自动驾驶出行项目
Ge Long Hui· 2025-09-22 09:18
Core Insights - The core announcement is the collaboration between autonomous driving technology company WeRide (文远知行) and Southeast Asian super app Grab to launch the Ai.R (Autonomously Intelligent Ride) project in Singapore, marking the first consumer-facing autonomous ride-hailing service in the region [1][2]. Project Overview - The Ai.R project is selected by the Land Transport Authority (LTA) of Singapore and will operate in the Punggol area along two designated routes, providing service to residents [1]. - Initially, 11 autonomous vehicles will be deployed for the Ai.R service, which is the only selected autonomous shuttle project for the specified routes in Punggol [1]. Vehicle Specifications - The Ai.R fleet will utilize two models from WeRide: the Robotaxi GXR, which accommodates 5 passengers, and the Robobus, which can carry 8 passengers. Both models have passed Singapore's strict Milestone 1 (M1) certification [6][7]. - The M1 certification ensures that the vehicles can operate safely in autonomous mode on public roads while adhering to Singapore's traffic regulations [6]. Safety Measures - Each Ai.R autonomous vehicle will be equipped with a trained Grab safety officer, transitioning from experienced Grab drivers with good safety records [7]. - The training program for safety officers is a collaboration between WeRide and Grab Academy, focusing on the operation of autonomous systems and emergency protocols [11]. Testing and Launch Timeline - The Ai.R vehicles will begin extensive "route familiarization" testing this week, learning route details such as traffic signals and speed limits [7]. - The official passenger service is set to commence in early 2026, initially limited to invited participants, including winners of a national lottery [8]. Community Impact - The Ai.R service aims to enhance transportation connectivity for residents, facilitating access to supermarkets, food courts, clinics, commercial areas, schools, and major transport hubs [8]. - The project is expected to provide a more intelligent travel experience by integrating autonomous vehicles with the public transport network [7]. Public Reception - Local residents have expressed interest in trying the autonomous service, indicating a positive outlook for the adoption of autonomous transportation solutions in the community [15].
WeRide to Launch GXRs and Robobus in Singapore as part of Grab's New Ai.R Autonomous Service
Globenewswire· 2025-09-22 09:14
Core Viewpoint - WeRide, a leader in autonomous driving technology, is launching its autonomous vehicle service Ai.R in Singapore in partnership with Grab, marking a significant step in urban transportation in Southeast Asia [1][8]. Company Overview - WeRide is recognized as a global leader in the autonomous driving industry and is the first publicly traded Robotaxi company, having tested or operated its vehicles in over 30 cities across 11 countries [21]. - Grab is a leading super app in Southeast Asia, providing a wide range of services including mobility, deliveries, and digital financial services across eight countries [22]. Service Launch Details - The Ai.R service will operate in Punggol, Singapore, utilizing WeRide's GXR and Robobus vehicles, with a fleet of 11 vehicles initially deployed [2][6]. - Ai.R is the only service selected by the Land Transport Authority (LTA) to operate on two designated routes in Punggol [2][6]. Vehicle Specifications and Safety - The five-seater WeRide GXR and eight-seater Robobus have successfully passed Singapore's Milestone 1 (M1) assessment, confirming their ability to operate safely on public roads [4][6]. - Ai.R vehicles are equipped with advanced cameras and LiDAR technology, allowing them to detect objects up to 200 meters away and navigate safely even in adverse weather conditions [12]. Training and Safety Measures - Grab has initiated training for over 10 driver-partners to become autonomous vehicle Safety Operators, ensuring safety during the initial phase of the service [7][15]. - A trained Grab Safety Operator will be present on every Ai.R ride during the initial phase to monitor operations and ensure passenger safety [7][18]. Future Plans and Community Impact - By early 2026, Ai.R is expected to start taking its first batch of passengers, enhancing access to key amenities in the Punggol area [11]. - The service aims to improve connectivity within underserved neighborhoods, providing a smarter travel experience for residents [9][8].
美股异动|文远知行盘前续涨2% 将在新加坡推出自动驾驶出租车服务
Ge Long Hui· 2025-09-22 08:28
Group 1 - WeRide (WRD.US) experienced a significant stock price increase of 10.23% on September 19, closing at $11.53, and continued to rise by 2.25% in pre-market trading to $11.79 [1] - Grab is set to collaborate with WeRide to launch autonomous taxi services in Singapore starting in 2026, pending regulatory approval [1] - Morgan Stanley's report indicates that the fleet size and operational areas for autonomous taxis in China are expanding, marking a new phase in the global autonomous taxi competition, which is a strong catalyst for China's advancement towards L4+ level autonomous driving [1] Group 2 - The stock's trading volume on September 19 was 22.958 million shares, with a total transaction value of $256 million [1] - WeRide's market capitalization stands at $3.281 billion, with a total share count of 285 million [1] - The stock has a 52-week high of $44.00 and a low of $6.03, indicating significant volatility in its price [1]