WeRide Inc.(US:WRD) Ge Long Hui·2025-10-21 03:24Core Viewpoint - WeRide has successfully passed the Hong Kong Stock Exchange hearing, marking a significant milestone as the "first global Robotaxi stock" and redefining the development boundaries of the autonomous driving industry through its extensive operational footprint and commercial capabilities [1][12]. Group 1: Safety and Core Technology - Safety is a prerequisite for the commercialization of autonomous driving, with WeRide achieving world-leading performance in this dimension, having accumulated over 2,200 days of good operational records and approximately 55 million kilometers of public road autonomous driving mileage since 2019 [1][3]. - WeRide's self-developed technology platform, WeRide One, supports a full product matrix from L2+ to L4 levels, significantly reducing technical reuse costs and laying the foundation for future expansion into new scenarios [3][5]. - The WeRide GENESIS simulation engine enhances model validation efficiency by creating high-fidelity digital twin environments, allowing for rapid reconstruction of urban road scenarios and simulating thousands of complex boundary cases [3][10]. Group 2: Sustainable Growth Model - WeRide has established itself as the only company in the Middle East to achieve commercial Robotaxi operations, with a fleet that is among the largest globally outside of China and the U.S., currently transitioning towards fully unmanned operations [6][8]. - The company has expanded its Robotaxi fleet in Abu Dhabi to cover approximately 50% of the core urban area, tripling its fleet size since late 2024, with significant increases in order volume [8][10]. - WeRide's partnerships with global ride-hailing platforms like Uber and Grab, along with investments from top industry players, create a strong ecosystem that supports its sustainable business model [11][12]. Group 3: Market Position and Future Outlook - WeRide's successful listing on the Hong Kong Stock Exchange represents a key stage in the commercialization of the autonomous driving industry, reflecting investor confidence in the transition from technology concepts to practical services [12][13]. - The company is positioned to become a benchmark for global autonomous driving commercialization as it expands its unmanned operations and continues to deepen partnerships with ecosystem players [12][13].