Core Viewpoint - WeRide has been officially included in the Nasdaq Golden Dragon China Index, becoming the second autonomous driving company to join after Pony.ai, which signifies a recognition of its market position and potential for attracting institutional investors [2][4]. Group 1: Nasdaq Golden Dragon China Index Inclusion - The Nasdaq Golden Dragon China Index consists of Chinese companies listed in the U.S. and is seen as a barometer for investment in Chinese stocks, with 83 constituent stocks after the latest adjustment [4]. - Inclusion in the index allows WeRide to enter the passive fund allocation pool, potentially attracting more institutional investors and providing strong credit support for its global business expansion [4][7]. - The index's recent rise reflects optimistic sentiment in the global capital market regarding the fundamentals and valuation recovery of Chinese companies, positioning WeRide to benefit from this overall value reassessment [7]. Group 2: Autonomous Driving Developments - WeRide's autonomous shuttle, Robobus, has received Belgium's first federal-level L4 autonomous driving test license, making it the only tech company globally with products licensed for autonomous driving in seven countries [4][6]. - The test route in Belgium will span 8 kilometers with 9 stops, and initial tests will include a safety driver, with commercial operations expected to begin between mid-November 2025 and the end of January 2026 [6]. - This achievement is seen as a critical step towards achieving safe and reliable L4 level fully autonomous operations, showcasing WeRide's technological capabilities in real-world scenarios [6].

Core Viewpoint - WeRide has become the first company globally to hold Level 4 autonomous driving licenses in seven countries, including Belgium, China, France, UAE, Saudi Arabia, Singapore, and the USA, following the recent approval of its Robobus for public road testing in Belgium [3][4]. Group 1 - WeRide's Robobus has received Belgium's first federal Level 4 autonomous driving test license, allowing it to conduct public road tests between Leuven and Heverlee, covering a total distance of 8 km with 9 designated stops [3][4]. - The testing will be conducted in collaboration with local partners, including De Lijn, Leuven government, and Espaces-Mobilités, and will initially include safety personnel during the tests [4]. - Following the testing phase, De Lijn plans to commence trial operations of the route between mid-November 2025 and the end of January 2026, marking Belgium's first commercial deployment of autonomous vehicles in a mixed traffic environment [5]. Group 2 - The CFO of WeRide emphasized that obtaining the Belgian autonomous driving test license is a crucial step towards achieving fully autonomous operations and showcases the company's technological capabilities in real-world scenarios [7]. - WeRide is also accelerating its expansion into other European markets, having launched its first Robotaxi in Switzerland in August and partnered with a French operator to secure the first public road testing license in France [7].

Core Insights - Chinese autonomous driving companies, including WeRide, Pony.ai, and RoboTaxi, are collectively expanding into global markets, particularly in the Middle East, Southeast Asia, and Europe, showcasing a unique "Chinese path" in the global autonomous driving race [1] Group 1: Company Developments - WeRide's autonomous minibus, Robobus, has officially launched in Leuven, Belgium, marking the company's entry into its eleventh global market [1] - The project is set to begin public road testing in mid-September 2023, with plans for trial operations starting in November 2023, making it Belgium's first commercial deployment of autonomous vehicles in complex traffic environments [2] - WeRide has deployed over 1,300 L4 autonomous vehicles across dozens of cities globally, indicating significant operational scale [3] Group 2: Technological Advancements - WeRide has introduced the WePilot 3.0, an end-to-end assisted driving solution developed in collaboration with Bosch, which is expected to achieve mass production by 2025 [2][3] - The WePilot 3.0 technology offers three key advantages: scalable computing power, adaptable multi-sensor configurations, and rapid iteration capabilities [3] Group 3: Market Expansion Rationale - The expansion into European and Middle Eastern markets is driven by challenges such as aging populations and labor shortages, alongside a demand for greener public transport solutions [4] - Success in these complex markets could provide significant credibility and facilitate entry into other international markets for Chinese companies [4]

Core Insights - The launch of the fully autonomous "Robobus" by Chinese company WeRide marks a significant milestone in Singapore's public transportation, transitioning to a driverless era on July 17, 2025 [1][4] - WeRide's Robobus has successfully operated under a supervised model for a year, achieving a "zero-accident" safety record, which led to the approval for full autonomous operation by Singapore's Land Transport Authority [1][2] Technology and Safety - The Robobus is equipped with advanced technology, including laser radars and multi-modal cameras, providing 360-degree perception and the ability to detect obstacles within 200 meters [2] - The system's algorithms allow for real-time analysis of road conditions and dynamic path planning, with a response time in milliseconds [2] - The Robobus has passed extreme scenario tests designed by the Land Transport Authority, demonstrating its reliability in various challenging conditions [2] Expansion Plans - Singapore's government aims to integrate autonomous vehicles into the national public transport system by the end of the year, with larger pilot projects planned in key areas [2] - The selection of specific regions for these projects is based on their infrastructure and the demographic's acceptance of new technologies [2] Broader Implications - The introduction of autonomous buses is part of a larger smart transportation initiative in Singapore, which includes the deployment of autonomous cleaning vehicles [3] - Traditional bus drivers are not being replaced but are transitioning to roles as safety managers, indicating a collaborative evolution between technology and human roles [3] Regional Influence - Singapore's advancements in autonomous transportation serve as a model for neighboring Southeast Asian countries, with initiatives already underway in Thailand and Malaysia [3] Role of Chinese Technology - WeRide is notable for holding autonomous driving licenses in multiple countries, showcasing China's technological capabilities in the field [4] - The successful deployment of Robobus in Singapore is seen as a testament to the shift of Chinese manufacturing from cost-effective solutions to high-tech innovations [4]