WeRide Inc.(US:WRD) Ge Long Hui·2025-08-02 02:40Core Viewpoint - Morgan Stanley's latest report evaluates WeRide as "in line with expectations," highlighting its record sales in Robotaxi and strong overseas performance as key market drivers [1] Group 1: Business Performance - WeRide has launched the HPC 3.0 computing platform equipped with two NVIDIA Thor chips, reducing the cost of its autonomous driving suite by 50%, which is crucial for achieving breakeven in Robotaxi operations [1] - The company holds autonomous driving licenses in six countries, including China, Saudi Arabia, UAE, Singapore, France, and the USA, with plans to launch Robotaxi commercial operations in Riyadh by the end of the year following its entry into Abu Dhabi and Dubai [1] Group 2: Market Expansion - WeRide has expanded its Robotaxi operations in Abu Dhabi, now covering nearly half of the core areas, which is expected to double its order volume [1] - The company is set to maintain a leading position among peers in the Middle East, with local regulatory plans aiming for a 25% penetration rate of autonomous driving by 2030, potentially leading to a Robotaxi fleet of 30,000 vehicles [1] - WeRide has successfully obtained permission to conduct demonstration services in Shanghai's Pudong New Area, collaborating with Chery Automobile and Jinjiang Taxi, with expectations for the local Robotaxi fleet to gradually increase by 2026-2027 [1]