WeRide Inc.(US:WRD) 智通财经网·2025-10-08 13:52Core Viewpoint - The announcement of the partnership between WeRide (WRD.US) and the RAKTA marks a significant step in the commercialization of autonomous vehicles in the UAE, with the launch of Robotaxi GXR and Robobus in Ras Al Khaimah [1] Group 1: Company Developments - WeRide's stock rose over 5% to $11.65 following the news of its trial operation in Ras Al Khaimah [1] - The partnership with RAKTA positions WeRide as the sole partner in the smart transportation strategy of Ras Al Khaimah, integrating its autonomous vehicles into the local public transport system [1] Group 2: Market Analysis - CCB International has initiated coverage on WeRide with a "Buy" rating and a target price of $20.00, highlighting the company's comprehensive product and service structure [1] - WeRide is noted for being the only L4 autonomous driving company with licenses in seven countries, providing it with a competitive edge in the international market [1] - The report emphasizes WeRide's potential to capture diverse market demands through its L2 to L4 technology collaboration, positioning it as a likely winner in the industry [1]