WeRide Inc.(US:WRD) Xin Lang Cai Jing·2025-10-14 21:42Core Insights - The article highlights the recent developments in the autonomous driving sector, particularly focusing on the dual listings of WeRide Inc. and Pony AI Inc. in Hong Kong, as well as the significant growth in revenue for WeRide Inc. and Pony AI Inc. [1][4] Company Developments - WeRide Inc. plans to issue up to 102,428,200 shares for its listing on the Hong Kong Stock Exchange, as approved by the China Securities Regulatory Commission [1] - Pony AI Inc. intends to issue up to 102,146,500 shares for its listing on the Hong Kong Stock Exchange, also receiving approval from the China Securities Regulatory Commission [1] - WeRide Inc. reported a revenue of 127 million yuan (approximately 17.5 million USD) for Q2 2025, marking a year-on-year increase of 60.8% [3] - Pony AI Inc. achieved a total revenue of 154 million yuan (approximately 21.5 million USD) in Q2 2025, reflecting a year-on-year growth of 75.9% [4][5] Business Performance - WeRide Inc.'s autonomous taxi business revenue reached 45.9 million yuan (approximately 6.3 million USD) in Q2 2025, showing a substantial year-on-year increase of 836.7% [3] - The share of autonomous taxi business revenue in WeRide's total revenue rose to 36.1%, the highest since 2021 [3] - Pony AI Inc. reported that its Robotaxi business revenue reached 10.9 million yuan (approximately 1.5 million USD) in Q2 2025, with a year-on-year growth of 157.8% [5] Global Expansion - WeRide Inc. has expanded its operations to 11 countries and over 30 cities, holding autonomous driving licenses in seven countries [2] - Pony AI Inc. has initiated Robotaxi services in major cities like Beijing, Shanghai, Guangzhou, and Shenzhen, covering over 2,000 square kilometers [4] - Both companies are actively pursuing international collaborations, with WeRide partnering with Grab in Southeast Asia and Pony AI collaborating with transportation companies in Qatar and Singapore [2][5] Industry Trends - The global autonomous driving market is projected to grow from approximately 158.3 billion USD in 2023 to 273.8 billion USD by 2025, reflecting a year-on-year growth of 29.97% [7] - The article emphasizes the increasing commercialization of autonomous driving services, with companies like WeRide and Pony AI leading the charge in urban areas [6]