Core Viewpoint - WeRide, a leading global autonomous driving technology company, reported a significant revenue growth of 60.8% year-on-year for Q2 2025, driven primarily by its Robotaxi business, which saw an extraordinary increase of 836.7% in revenue [2][5][10]. Group 1: Financial Performance - The company's revenue for the quarter reached 127 million yuan, with Robotaxi revenue contributing 45.9 million yuan, accounting for 36.1% of total revenue, marking a new high since 2021 [2][5]. - Robotaxi has become the main growth engine for the company, with its revenue growth exceeding eight times compared to the previous year [5][10]. Group 2: Global Expansion - WeRide is rapidly expanding its global commercial footprint, holding licenses in six countries, including Saudi Arabia, China, UAE, Singapore, France, and the USA, which positions it uniquely in the market [4][7]. - In the Middle East, the company has tripled its Robotaxi fleet in Abu Dhabi since 2024 and has initiated the first pure unmanned Robotaxi road tests in the region [7]. Group 3: Business Development - Besides Robotaxi, WeRide's other business lines, including smart mobility, smart logistics, and smart sanitation, have also made substantial progress, creating a balanced growth landscape [9]. - The company has launched the first unmanned Robobus operation in Southeast Asia and has received the first road test license for its unmanned logistics vehicle in Guangzhou [9]. Group 4: Technological Advancements - WeRide has introduced a new HPC 3.0 computing platform powered by the latest DRIVE AGX Thor X chip, which has reduced the cost of its autonomous driving suite by 50% [9]. - The company’s Robotaxi equipped with the new chip has achieved 2000 TOPS AI computing power, setting a new benchmark for scalable autonomous driving [9]. Group 5: Strategic Outlook - The strong performance in Q2 indicates a critical moment in WeRide's globalization journey, with the Robotaxi's rapid growth validating the effectiveness of its "synchronous domestic and international expansion + deep cooperation" strategy [10]. - The company is expected to continue leading in the autonomous driving sector, particularly in the Middle East and Southeast Asia markets, as it benefits from cost reductions and regulatory breakthroughs [10].

Core Viewpoint - WeRide, a leading autonomous driving technology company, reported strong financial performance for Q2 2025, highlighting significant growth in its Robotaxi business and overall revenue [1][27]. Financial Performance - The company's Q2 revenue reached 127 million yuan, representing a year-on-year increase of 60.8% [4]. - Robotaxi business revenue for Q2 was 45.9 million yuan, showing a substantial year-on-year growth of 836.7% [4]. - The proportion of Robotaxi revenue in total Q2 revenue increased significantly to 36.1%, marking the highest level since 2021 [4]. - Gross profit grew by 40.6% year-on-year, indicating a steady improvement in profitability [4]. Business Expansion - The Robotaxi fleet in Abu Dhabi has tripled in size since 2024, demonstrating significant scalability [8]. - New operational areas include Al Reem Island and Al Maryah Island, covering nearly half of Abu Dhabi's core urban areas, with expected order volume to double [8]. - The Robotaxi fleet is projected to expand to hundreds of vehicles, with plans to extend operations to Khalifa City, Masdar City, and more areas by 2025 [8]. - WeRide has initiated the first pure unmanned Robotaxi road tests in the Middle East [9]. Strategic Partnerships - WeRide signed a cooperation agreement with Uber and the Dubai Roads and Transport Authority to deploy commercial Robotaxi services in Dubai [9]. - The company plans to start trial operations within the year and aims for pure unmanned Robotaxi commercial operations by 2026 [9]. Technological Advancements - WeRide's Robotaxi has received the first autonomous driving license in Saudi Arabia, making it the only technology company with autonomous driving licenses in six countries [12]. - The company launched the first Robotaxi trial operation service in Saudi Arabia, which is currently the only such service in the country [12]. - WeRide partnered with Chery and Jinjiang Taxi to conduct public road passenger-carrying autonomous driving demonstrations in Shanghai [13]. - The company introduced the HPC 3.0 high-performance computing platform, featuring NVIDIA's latest DRIVE AGX Thor X chip, enhancing the performance and cost-effectiveness of its autonomous driving technology [26]. Leadership Insights - The CEO emphasized that the strong Q2 performance marks a critical moment in WeRide's global journey, with rapid growth in the Robotaxi business validating the company's strategic vision [27]. - The CFO highlighted that the robust revenue performance reflects effective execution of growth strategies and the ongoing expansion of operational scale, with the Robotaxi business becoming a key component of the company's financial strength [28].