Globenewswire·2026-03-17 01:00Core Viewpoint - WeRide is expanding its Robotaxi GXR model in Southeast Asia, leveraging a partnership with Grab to enhance its market presence and operational capabilities [1][4][7]. Group 1: Product and Technology - The Robotaxi GXR is designed for complex urban environments and utilizes the NVIDIA DRIVE Hyperion platform, which integrates advanced computing and safety systems, reducing autonomous driving suite costs by 50% and total cost of ownership by 84% [2][4]. - The vehicle is manufactured by Geely's Zhejiang Farizon New Energy Commercial Vehicle Group, with plans to deliver 2,000 upgraded models by 2026, potentially reducing vehicle costs by an additional 15% as fleet size increases [9][10]. Group 2: Market Strategy and Operations - WeRide and Grab have initiated autonomous vehicle trial operations in Singapore, with public service expected to commence on April 1, 2026, marking a significant step in their collaboration [3][5]. - The company aims to have over 2,600 active Robotaxis globally by 2026 and tens of thousands by 2030, indicating a strong growth trajectory in the autonomous driving sector [7][8]. Group 3: Industry Position and Recognition - WeRide is recognized as a global leader in autonomous driving, having tested or operated vehicles in over 40 cities across 11 countries, and is the first publicly traded Robotaxi company [12]. - The company has received autonomous driving permits in eight markets, showcasing its regulatory compliance and operational readiness [12].