WeRide Inc.(US:WRD) Zhi Tong Cai Jing·2025-10-08 13:55Core Viewpoint - The recent partnership between WeRide (WRD.US) and the RAK Transport Authority 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 announcement of its pilot operation in Ras Al Khaimah [1] - The company is the sole selected partner for the smart transportation strategy in Ras Al Khaimah, integrating its autonomous vehicles into the local public transport system [1] - This initiative paves the way for broader commercial applications of WeRide's autonomous products in the UAE [1] Group 2: Market Analysis - CMB International recently initiated coverage on WeRide with a "Buy" rating and a target price of $20.00 [1] - The firm highlighted WeRide's comprehensive product and service structure, leveraging L2 to L4 technology to meet diverse market demands [1] - WeRide is noted as the only L4 autonomous driving company with licenses in seven countries, providing a competitive edge in international markets through its global strategy and partnerships [1] - CMB International believes WeRide is positioned to be one of the ultimate winners in the industry [1]