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WeRide Inc.(WRD) - 2025 Q3 - Earnings Call Presentation
2025-11-24 13:00
NASDAQ: WRD HKEX: 800 2025 Q3 Update This document or the information contained herein is not intended to and does not constitute any offer or invitation, solicitation, commitment or advertisement of any offer for subscription, purchase or sale of any securities, nor shall any part of this document form the basis of or be relied on in connection with any contract or commitment whatsoever. Disclaimer During today's event, we will make statements that may constitute "forward-looking" statements pursuant to th ...
Waymo gets regulatory approval to expand across Bay Area and Southern California
TechCrunch· 2025-11-22 21:45
Core Insights - Waymo has received authorization to operate fully autonomously in a larger area of California, expanding its reach significantly [1][2] - The company plans to welcome riders in San Diego by mid-2026, with intentions to launch in multiple other cities as well [3] - Recent announcements indicate Waymo's expansion into new markets, including Minneapolis, New Orleans, and Tampa, while also removing safety drivers in Miami [4] Summary by Sections Expansion of Operations - Waymo is now authorized to operate in most of the East Bay, North Bay, and Sacramento in Northern California, and from Santa Clarita to San Diego in Southern California [2] - The company has plans to expand its services to additional cities, including Dallas, Denver, Detroit, Houston, Las Vegas, Miami, Nashville, Orlando, San Antonio, Seattle, and Washington, D.C. [3] Future Plans - Waymo aims to start offering rides in San Diego by mid-2026, although specific timelines for other regions remain unclear [3] - The company is also preparing to provide rides that utilize freeways in major cities like Los Angeles, San Francisco, and Phoenix [4] Industry Context - As Waymo expands its operational territory, there are discussions about the potential for increased usage of robotaxis, which may lead to new patterns of behavior among users [6]
X @TechCrunch
TechCrunch· 2025-11-20 15:01
Waymo enters 3 more cities: Minneapolis, New Orleans and Tampa https://t.co/aPuKuc2R2T ...
Waymo to begin manual drives in Minneapolis, Tampa and New Orleans, aims to open service in 2026
CNBC· 2025-11-20 14:00
Alphabet's Waymo on Thursday announced that it will soon begin manually driving its robotaxi vehicles in Minneapolis, Tampa and New Orleans. The Google sister company will start operating test drives in that trio of towns with human drivers in hopes of launching its driverless robotaxi service there as soon as next year, the company said. If Waymo does begin operating in those markets next year, that would bring the robotaxi company's list of 2026 planned expansions to 15 cities. On Tuesday, Waymo said it p ...
'The Perfect Solution': Customers and Partners Share Firsthand Impact of Cyngn Technology
Prnewswire· 2025-11-20 12:05
Core Insights - Cyngn's DriveMod platform integrates seamlessly into industrial workflows, enhancing key performance metrics almost immediately [1][2][12] - Organizations view autonomy as a long-term capability, leading to improved material movement processes and workforce integration [2][12] Customer Perspectives - The DriveMod Tugger supports automation strategies by managing heavier loads, increasing efficiency, and reducing costs [3][12] - DriveMod is deployed on vehicles like the Motrec MT-160 Tugger and BYD Forklift, providing advanced automation for material handling [4][12] - A recent warehouse expansion utilized DriveMod to address labor challenges and meet future demands, enhancing efficiency and reliability [5][12] - Users report that DriveMod has become a consistent part of operations, improving safety and efficiency while being easy to implement [6][12] Industry Impact - Cyngn is advancing industrial autonomy with AI-powered solutions, unlocking potential for increased throughput and faster market delivery [7][9][12] - The DriveMod Tugger can haul up to 12,000 lbs and typically achieves a payback period of less than 2 years [13][12] - The technology addresses significant challenges in the industry, such as labor shortages and safety incidents, making it a valuable asset for manufacturers and logistics companies [12]
WeRide's Robotaxi Receives Driverless Permit in Switzerland; Autonomous Vehicles Now Licensed in 8 Countries
Globenewswire· 2025-11-20 09:30
Core Insights - WeRide has received a driverless permit for its Robotaxi from Switzerland's Federal Roads Office, allowing it to operate autonomously in the Furttal region, marking the first such permit for passenger Robotaxis in Switzerland [1][2] Company Developments - With this new permit, WeRide becomes the only company globally with autonomous driving permits in eight countries, including Switzerland, China, the UAE, Saudi Arabia, Singapore, France, Belgium, and the United States, highlighting its significant global expansion [2] - The Robotaxis will operate under the "iamo" pilot program, which aims to integrate autonomous vehicles into public transport systems, enhancing local mobility and last-mile connectivity across a 110-kilometer area with approximately 460 stops [3] - Testing of the Robotaxis is currently underway with an on-board safety driver, ensuring compliance with Swiss road regulations before moving to fully driverless operations [4][5] Future Plans - WeRide anticipates launching fully driverless public passenger services in the first half of 2026, with plans to expand its fleet to include Robobuses, creating Switzerland's first mixed fleet of Robotaxis and Robobuses [6] - Since June 2025, WeRide has been operating a Robobus shuttle service for Zurich Airport employees, indicating its growing presence in the region [7] Company Background - WeRide is recognized as a leader in the autonomous driving industry, being the first publicly traded Robotaxi company, with operations tested in over 30 cities across 11 countries [8]
Oklo ($OKLO) | Pony.ai ($PONY) | Archer Aviation ($ACHR) | NANO Nuclear Energy ($NNE)
Youtube· 2025-11-19 14:17
Group 1 - Oaklo and Seammens Energy have signed a binding contract for the design and delivery of the power conversion system for Oaklo's first Aurora advanced vision reactor, advancing engineering and procurement of key components [1] - Pony AI has unveiled its fourth generation autonomous truck lineup, which reduces costs by approximately 70% and is designed for mass production with initial deployment planned for 2026, aiming to enhance logistics efficiency and reduce emissions in China [2] - Archer Aviation and Red Sea Global have entered an agreement to test Archer's EV toll aircraft, marking a significant step towards EV toll deployment in Saudi Arabia, with a structured testing framework to evaluate performance and feasibility [3] Group 2 - Nanuclear Energy has completed full-scale tests of its high temperature annular linear induction pump, validating its durability and insulation features, which are critical for advanced reactor coolant systems [4] - The results indicate the potential of induction pumps as a long-life, maintenance-free thermal management solution for various reactor types and extreme environments [4]
Tesla CEO Elon Musk Once Called LiDAR 'Fool's Errand' — Volvo Now Pulls Plug On Luminar Partnership: LAZR Stock Hits All-Time Low - Luminar Technologies (NASDAQ:LAZR)
Benzinga· 2025-11-19 10:23
Core Insights - Volvo has decided to discontinue its partnership with Luminar Technologies and will not include LiDAR technology in its 2026 ES90 and EX90 models due to supply chain issues and Luminar's failure to meet contractual obligations [1] - Elon Musk's long-standing criticism of LiDAR technology is gaining traction as major automakers like Volvo move away from it, suggesting a potential shift in the industry [1][3] - Tesla continues to advocate for a vision-only approach for its Full Self-Driving (FSD) technology, despite scrutiny from regulatory bodies like NHTSA [4][5] Company Developments - Volvo will not offer LiDAR in its upcoming models and has officially ended its relationship with Luminar Technologies [1] - Luminar's stock has reached an all-time low of $0.9018, indicating market concerns about its future following the loss of Volvo as a partner [2] - Tesla's FSD system is under investigation by NHTSA, which is reviewing incidents involving 2.88 million vehicles [5] Industry Trends - Elon Musk has consistently criticized LiDAR, labeling it as "stupid" for automotive applications, while emphasizing the importance of solving vision technology [3] - Despite Tesla's stance, other companies like Waymo and Hesai Technology are still pursuing LiDAR technology for their autonomous vehicle solutions [6] - Tesla's stock performance shows a decline, with a 1.88% drop to $401.25 at market close, reflecting investor sentiment amidst ongoing scrutiny [7]
Waymo says it will launch in more Texas and Florida cities in 2026
CNBC· 2025-11-18 17:38
Waymo on Tuesday said it will bring its robotaxi service to new cities in Texas and Florida in 2026.The Alphabet-owned company said it plans to start operating its vehicles with no human driver assistants in Dallas, Houston, San Antonio, Miami and Orlando in the coming weeks before opening service in those markets to the public next year, the company said in a blog."Waymo has entered a new phase of commercial scale, doubling the number of cities we operate without a human specialist in the car," Waymo Chief ...
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TechCrunch· 2025-11-18 15:22
Waymo removes safety drivers in Miami ahead of 2026 launch https://t.co/Rrp2rXGkoB ...