WeRide Inc.(US:WRD) 机器人圈·2025-10-20 09:16Core Viewpoint - WeRide Inc. (文远知行) is the only technology company globally with autonomous driving licenses in seven countries, and it is planning a dual listing in the US and Hong Kong through Chapter 18C [5][10]. Group 1: Company Overview - Founded in 2017, WeRide has expanded its autonomous driving operations in over 30 cities across 11 countries [10]. - The company has recently accelerated its global business layout, including a partnership with Grab to launch autonomous ride-hailing services in Singapore [10]. Group 2: Financial Performance - In Q2 2025, WeRide reported revenue of 127 million yuan, a year-on-year increase of 60.8%, with Robotaxi business revenue reaching 45.9 million yuan, a significant increase of 836.7% [10]. Group 3: Investment and Market Position - WeRide has secured additional investments from major international ride-hailing platforms, including a $100 million equity investment from Uber and several million dollars from Grab [12]. - Citigroup raised WeRide's target price to $18.2 and initiated a 30-day upward catalyst observation period, citing positive developments in Robotaxi operations and fleet expansion in the Middle East [12].