WeRide Attracts Public Investments as Top Funds Back Its Autonomous Mobility Growth

Core Insights - WeRide has attracted significant investment from ARK Invest, indicating strong confidence in its growth prospects in the autonomous mobility market [1][8] - The autonomous mobility market is projected to become a multi-trillion-dollar industry, with robotaxi fleets potentially reaching tens of millions of vehicles by 2030 [2] - WeRide's strong Q3 2025 performance, with a revenue increase of 144.3% year-on-year, highlights its competitive position in the industry [5] Investment and Market Position - ARK Invest acquired 858,295 WeRide American Depositary Shares (ADSs), reflecting confidence in the company's long-term strategic positioning [1][8] - Bank of America initiated coverage on WeRide with a Buy rating and a price target of US$12 for ADSs, representing a 45.6% upside potential [3] - Other investment firms, including Bank of China International and Citi, have also issued Buy ratings with significant upside potential [3] Shareholder Base - WeRide's shareholders include prominent global institutions such as Bosch, Fidelity, and NVIDIA, as well as strategic players like Grab and Uber [4][8] - The diverse shareholder base underscores the strong institutional confidence in WeRide's business model and growth trajectory [4][10] Regulatory and Operational Achievements - WeRide holds autonomous driving permits in eight countries, showcasing strong regulatory trust in its technology [2][11] - The company has achieved fully driverless Robotaxi operations in multiple cities, including Abu Dhabi, Guangzhou, and Beijing [9][11] Financial Performance - WeRide reported Q3 2025 revenue of US$24.0 million, with its core Robotaxi business generating US$5.0 million, reflecting a 761.0% year-on-year increase [5] - Gross profit increased by 1,123.9%, and gross margin rose to 32.9%, indicating a strong path toward profitability [5][6] Future Growth Plans - WeRide plans to deploy 500-1,000 Robotaxis in the Middle East by the end of 2026 and aims for tens of thousands worldwide by 2030 [9] - The company is committed to maintaining its leading position in the fast-evolving autonomous mobility market through continuous innovation [6][10]