WeRide plans to ramp up spending, even as it continues to post losses, as the Chinese autonomous driving company bets that its ambitious international expansion plans will eventually see it reach profitability https://t.co/OzOplQ7iFe ...

Financial Data and Key Metrics Changes - Total revenue for Q2 2025 reached RMB 127.2 million, a 60.8% increase year over year, driven by strong growth in both product and service segments [20] - Product revenue surged by 309.6% year over year to RMB 59.8 million, with robotaxi revenue hitting a record high of RMB 45.9 million, up 836.7% year over year, contributing 36.1% to total revenue [21] - Group level gross profit increased by 40.6% to RMB 35.7 million, with a gross margin of 28.1% [23] - Net loss decreased by 1.7% to RMB 406.4 million, while on a non-IFRS basis, net loss increased to RMB 306.6 million due to ongoing R&D investments [26] Business Line Data and Key Metrics Changes - Robotaxi revenue accounted for 36% of total revenue, indicating a strong momentum that is expected to continue [36] - Service revenue grew by 4.3% year over year to RMB 67.4 million, supported by intelligent data services and L4 operational support [22] Market Data and Key Metrics Changes - The company operates the largest public commercial robotaxi fleet outside the US and China, with significant expansion in the Middle East, particularly in Abu Dhabi and Saudi Arabia [11][12] - The robotaxi fleet in Dubai has tripled in size, covering approximately 50% of core areas, with plans to further scale the fleet [12] Company Strategy and Development Direction - The company aims to transform future mobility through safe and accessible driverless solutions, with a focus on expanding global robotaxi operations [10] - A multi-product strategy is employed, leveraging a universal platform that supports various urban mobility applications, enhancing data collection and operational flexibility [30][32] - The Middle East is identified as a strategic priority for growth, with plans to expand robotaxi services to 15 additional cities [13] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to convert global potential into long-term value, citing successful partnerships and regulatory momentum [26] - The company is optimistic about the future, with plans to scale operations and enhance user experience through advanced technology [49] Other Important Information - The company has received autonomous driving permits in six countries, demonstrating its technology's compliance with high global safety standards [22][19] - The newly launched HPC 3.0 computing platform is expected to cut costs by 50% and enhance the performance of autonomous vehicles [17][48] Q&A Session Summary Question: Could you elaborate on the company's multi-product strategy and the relationship between Robotaxi and other products? - The company emphasizes a multi-product strategy that allows for data sharing across different autonomous vehicle types, enhancing system improvement and market adaptability [30][32] Question: Is the revenue contribution from the Robotaxi business expected to sustain in the coming quarters? - Management believes the strong momentum in Robotaxi revenue will continue, driven by fleet expansion and operational scaling in key markets [36][37] Question: When will the HPC 3.0 platform be deployed in the next generation robotaxi? - The HPC 3.0 platform is already in use, with the Robotaxi GXR being the first mass-produced L4 autonomous vehicle utilizing this technology [45][48] Question: How many permits are currently in the pipeline and what are the expansion targets for Robotaxi? - The company has over 1,300 autonomous vehicles globally, with plans to add hundreds more by the end of the year, focusing on markets with strong unit economics [54][56] Question: What challenges does the company face in deploying robotaxi services in new markets? - Challenges include adapting technology to local conditions and navigating regulatory frameworks, but the company has built a strong foundation for successful deployment [90][92] Question: How does the company view the competitive landscape of robotaxi operations? - The company is confident in its competitive edge due to its extensive operational experience, safety track record, and advanced technology [75][78] Question: How does the company leverage new AI models for future technology trends? - The company is integrating advanced AI models into its autonomous driving systems, enhancing training and operational capabilities [81][84]

Core Insights - WeRide Inc. reported a significant growth in total revenue, which increased by 60.8% year-over-year to RMB127.2 million (US$17.8 million) for the second quarter of 2025, compared to RMB79.1 million in the same period of 2024 [7] - The company achieved its highest-ever quarterly robotaxi revenue, which surged by 836.7% year-over-year to RMB45.9 million (US$6.4 million), accounting for 36.1% of total revenue in 2Q2025 [3][11] - WeRide launched its High-Performance Computing (HPC) 3.0 platform, powered by NVIDIA DRIVE AGX Thor chips, which reduces autonomous driving suite costs by 50% and is fully automotive-grade [3][6] Financial Performance - Total revenue for 2Q2025 was RMB127.2 million (US$17.8 million), a 60.8% increase from RMB79.1 million in 2Q2024 [7] - Gross profit rose by 40.6% year-over-year to RMB35.7 million (US$5.0 million), with a gross margin of 28.1% [3][9] - The net loss for the quarter was RMB406.4 million (US$56.7 million), slightly improved from a net loss of RMB413.6 million in the same period of 2024 [12][16] Business Developments - WeRide expanded its robotaxi operations, launching Saudi Arabia's first-ever robotaxi pilot in Riyadh and becoming the only technology company with autonomous driving permits in six countries [3][5] - The WeRide-Uber robotaxi fleet in Abu Dhabi has tripled in size since its launch in December 2024, now covering about 50% of the city's core area [3][4] - The company showcased its new generation robotaxi model, CER, during the World Artificial Intelligence Conference in Shanghai, featuring advanced safety systems and a spacious interior [3][5] Strategic Partnerships - WeRide partnered with Chery Group to develop the new generation robotaxi model, CER, which is built on WeRide's universal autonomous driving platform [3][5] - The company aims to grow its robotaxi fleet in Abu Dhabi to hundreds of vehicles, with plans to extend services to additional areas later this year [5][6] - WeRide's collaboration with Uber continues to expand, with plans for commercial robotaxi services in Saudi Arabia by the end of 2025 [5][6]

本文只做学术分享，如有侵权，联系删文 写在前面--先聊聊为啥写这篇文章 笔者这段时间阅读了来自ICCV2025的论文 DONUT: A Decoder-Only Model for Trajectory Prediction 作者 | Sakura 编辑 | 自动驾驶之心 原文链接： https://zhuanlan.zhihu.com/p/1933901730589962575 点击下方 卡片 ，关注" 自动驾驶之心 "公众号 戳我-> 领取 自动驾驶近15个 方向 学习 路线 >>自动驾驶前沿信息获取 → 自动驾驶之心知识星球 这篇论文以qcnet为baseline，基于 decoder-only架构配合overprediction策略 ，在argoversev2上取得了SOTA 联想到之前笔者所阅读的论文SmartRefine，该论文也是基于Qcnet的基础上对refine部分进行改进，也在argoverse v2上取得了SOTA； 因此，本着学习的态度，笔者想 在此简单总结这三篇论文 ； Query-Centric Trajectory Prediction--CVPR 2023 SmartRefin ...

Core Insights - Aurora Innovation, Inc. (AUR) is expected to report its second-quarter 2025 results on July 30, with an anticipated loss of 12 cents per share, consistent with the previous year's results [1][9] Group 1: Financial Performance and Expectations - The company's earnings missed the Zacks Consensus Estimate by 10% in the previous quarter [1] - For the upcoming quarter, the Zacks Consensus Estimate indicates a loss of 12 cents per share, which is flat compared to the year-ago actual [1][9] - Aurora anticipates average quarterly cash use between $175 million and $185 million for the remainder of 2025, reflecting an increase in capital expenditures [2] Group 2: Strategic Focus and Operational Plans - Following a significant commercial launch milestone, Aurora is shifting its strategic focus to expand driverless operations, aiming to demonstrate the reliability and cost-effectiveness of its Aurora Driver technology [3] - The company plans to provide updates on new pilot programs, fleet expansion, or partnerships that validate its roadmap during the second quarter [4] - The quarter is seen as pivotal for Aurora to determine if it remains on track to achieve its scaling and profitability ambitions [4] Group 3: Market Position and Earnings Prediction - The current model does not predict an earnings beat for AUR, with an Earnings ESP of 0.00% and a Zacks Rank of 4 (Sell) [5]

Core Insights - WeRide and Uber have launched their Robotaxi service in Al Reem and Al Maryah Islands, aiming to double ride volumes and cover half of Abu Dhabi's core areas [1][4][5] Company Developments - The Robotaxi fleet has tripled in size since its launch in December 2024, with plans to expand to hundreds of vehicles in Abu Dhabi [4][5] - WeRide's GXR model is a mass-produced autonomous vehicle designed for commercial deployment, accommodating up to five passengers [3][9] - The service is expected to average dozens of trips per vehicle per day, with rides typically exceeding six kilometers [3] Industry Impact - The expansion into high-demand areas like Al Reem and Al Maryah Islands aligns with Abu Dhabi's vision for a smarter mobility system, enhancing the transport experience for residents [6][7] - The deployment of autonomous vehicles is part of a broader strategy to provide sustainable and innovative mobility solutions in the region [6][11] - Fully driverless testing of WeRide's Robotaxis is currently underway, with public access anticipated in the near future [8]

Core Viewpoint - The article emphasizes the establishment of a leading communication platform for autonomous driving technology in China, focusing on industry, academic, and career development aspects [1]. Group 1 - The platform, named "Autonomous Driving Heart," aims to facilitate discussions and exchanges among professionals in various fields related to autonomous driving technology [1]. - The technical discussion group covers a wide range of topics including large models, end-to-end systems, VLA, BEV perception, multi-modal perception, occupancy, online mapping, 3DGS, multi-sensor fusion, transformers, point cloud processing, SLAM, depth estimation, trajectory prediction, high-precision maps, NeRF, planning control, model deployment, autonomous driving simulation testing, product management, hardware configuration, and AI job exchange [1]. - Interested individuals are encouraged to join the community by adding a WeChat assistant and providing their company/school, nickname, and research direction [1].

Core Viewpoint - The article emphasizes the advancements in autonomous driving scene reconstruction, highlighting the integration of various technologies and the collaboration among top universities and research institutions in this field [2][12]. Summary by Sections Section 1: Overview of Autonomous Driving Scene Reconstruction - The article discusses the importance of dynamic and static scene reconstruction in autonomous driving, focusing on the need for precise color and geometric information through the integration of lidar and visual data [2]. Section 2: Research Contributions - Several notable research works from prestigious institutions such as Tsinghua University, Nankai University, Fudan University, and the University of Illinois Urbana-Champaign are mentioned, showcasing their contributions to the field [5][6][10][11]. Section 3: Educational Initiatives - The article promotes a comprehensive course on 3D Gaussian Splatting (3DGS), designed in collaboration with leading experts, aimed at providing in-depth knowledge and practical skills in autonomous driving scene reconstruction [15][19]. Section 4: Course Structure - The course is structured into eight chapters, covering foundational algorithms, technical details of 3DGS, static and dynamic scene reconstruction, surface reconstruction, and practical applications in autonomous driving [19][21][23][25][27][29][31][33]. Section 5: Target Audience - The course is targeted at researchers, students, and professionals interested in 3D reconstruction, requiring a foundational understanding of 3DGS and related technologies [36][37].

Core Insights - WeRide has received Saudi Arabia's first Robotaxi autonomous driving permit, making it the only technology company with such permits in six countries [1][9] - The company is authorized to operate an autonomous vehicle business and deploy Robotaxis nationwide, starting pilot operations in Riyadh in collaboration with Uber and local partner Ai Driver [2][3] Company Developments - The pilot program launched covers key locations in Riyadh, including King Khalid International Airport and major highways, with a full-scale commercial service expected by the end of 2025 [3][4] - WeRide's Robotaxi completed the TGA's Regulatory Sandbox for AV Piloting, involving rigorous testing and assessments to ensure safety and performance [5] - The permit is seen as a significant step in WeRide's global expansion, enabling large-scale deployment and new revenue streams in Saudi Arabia [6] Regional Expansion - WeRide entered the Saudi market in May 2025 and has been testing its Robobus in various locations, including King Fahad Medical City and Aramco residential communities [7] - The company is also expanding its Robotaxi services in the Middle East, with ongoing fully driverless testing in Abu Dhabi and plans to extend services to Dubai [8] Industry Position - WeRide is recognized as a leader in the autonomous driving industry, being the first publicly traded Robotaxi company and having tested vehicles in over 30 cities across 10 countries [9]

Core Viewpoint - Pony AI Inc. is set to report its unaudited financial results for the second quarter of 2025 on August 12, 2025, before the U.S. market opens [1] Group 1: Financial Reporting - The earnings conference call will take place on August 12, 2025, at 8:00 A.M. U.S. Eastern Time [2] - Participants can register online to join the call and will receive a confirmation email with dial-in details [2] - A replay of the conference call will be available until August 19, 2025, with specific dial-in numbers provided for access [3] Group 2: Company Overview - Pony AI Inc. is recognized as a global leader in the commercialization of autonomous mobility, utilizing its Virtual Driver technology [4] - The company aims to develop a sustainable business model for mass production and deployment of autonomous vehicles across various transportation use cases [4] - Founded in 2016, Pony AI has expanded its operations in regions including China, Europe, East Asia, and the Middle East [4]