Shares of WeRide (WRD -2.95%) are up this week. The company's stock spiked 9% as of 2:19 p.m. ET but was up as much as 16.8% earlier in the week. The jump comes as the S&P 500 rose 1.5% and the Nasdaq Composite rose 1.5%.The Chinese company's stock jumped after it announced a major expansion into Saudi Arabia in partnership with the ride-hailing giant Uber Technologies.WeRide is launching in Saudi ArabiaThe company announced earlier in the week that it will be launching operations in Saudi Arabia, marking a ...

文远知行的中东实践，也在改写全球自动驾驶竞争格局。5月16日，文远知行宣布在阿联酋首都阿布扎 比开启纯无人Robotaxi测试，打造中东地区第一支纯无人Robotaxi车队。同时，文远知行Robotaxi在阿布 扎比的服务范围进一步扩大，新增玛丽亚岛（Al Maryah Island）和瑞姆岛（Al Reem Island）等阿布扎 比出行高需求区域。 2025年5月初，文远知行与Uber共同宣布扩大战略合作，计划未来五年将新增15座国际城市，部署 Robotaxi服务，包含欧洲、中东等国际市场。双方于2024年12月在阿布扎比落地Robotaxi自动驾驶出行 服务，这是美国和中国之外规模最大的商业运营Robotaxi车队。2025年4月，文远知行和Uber的合作拓 展至迪拜，打开中东第二城。文远知行Robotaxi即将在迪拜上线Uber平台，为中东智慧出行开启崭新篇 章。 值得关注的是，文远知行的Robobus已在法赫德国王医疗城、阿美石油公司员工社区等场景展开测试。 这种自动驾驶小巴在 45℃高温下仍能稳定运行，其路线设计与新开通的利雅得地铁形成互补，专门解 决传统交通难以覆盖的 "最后几公里" 问题。 ...

2025年5月27日,全球自动驾驶科技领域的领军企业文远知行WeRide正式发布沙特阿拉伯市场拓展战略, 这一重要举措意味着公司的全球化商业布局得到进一步拓展。 作为进军沙特市场的首个关键动作,文远知行已在利雅得、埃尔奥拉等沙特主要城市,完成了 Robotaxi、 Robobus、Robosweeper 等自动驾驶产品的测试与部署工作,此举为公司后续在沙特全境开展规模化商业 运营筑牢根基。 在沙特运输总局(TGA)的大力支持下,文远知行已在利雅得、埃尔奥拉等重点城市展开自动驾驶产品的测 试与部署工作。据悉,文远知行将于未来数月内在 Uber 平台上线 Robotaxi 试运营,并计划在 2025 年内开 启全面商业化运营。这些搭载先进自动驾驶技术的车辆,将有效提升沙特城市道路安全性,优化交通管理 效率,成为沙特实现 "2030 愿景"、构建智能化可持续发展城市集群的重要助力。 同时,文远知行已经在沙特多个重点区域测试部署自动驾驶小巴Robobus,服务范围形成一条条联通园 区、景区与新城的流畅接驳纽带。文远知行Robobus在当地炎热的气候中仍然表现出色,可适用于传统交 通方式难以覆盖或直达的区域,与新开通的 ...

目前，文远知行无人扫路机Robosweeper S1已在利雅得第二医疗集群旗下的法赫德国王医疗城开展作 业，这是沙特乃至中东地区首个商业化运营的无人驾驶环卫项目。 5月16日，文远知行宣布在阿联酋首都阿布扎比开启纯无人Robotaxi测试，打造中东地区第一支纯无人 Robotaxi车队。同时，文远知行Robotaxi在阿布扎比的服务范围进一步扩大，新增玛丽亚岛和瑞姆岛等 阿布扎比出行高需求区域。 5月初，文远知行与Uber共同宣布扩大战略合作，计划未来五年将新增15座国际城市，部署Robotaxi服 务，包括欧洲、中东等国际市场。双方于2024年12月在阿布扎比落地Robotaxi自动驾驶出行服务，这是 美国和中国之外规模最大的商业运营Robotaxi车队。2025年4月，文远知行和Uber的合作拓展至迪拜， 打开中东第二城。 （文章来源：广州日报） 5月27日，文远知行公布沙特阿拉伯市场拓展战略。记者了解到，文远知行已在利雅得、埃尔奥拉等沙 特重点城市，测试并部署Robotaxi、Robobus、Robosweeper等自动驾驶产品，为后续在沙特全域范围内 的规模商业化运营奠定基础。 文远知行方面表示，在沙 ...

Core Insights - WeRide Inc. reported its unaudited financial results for Q1 2025, highlighting a total revenue of RMB72.4 million (US$10.0 million), a 1.8% increase from the same period in 2024, despite global economic uncertainties [15][4][14] - The company expanded its robotaxi services through strategic partnerships, notably with Uber, which includes a US$100 million equity investment and the launch of services in 15 additional cities [3][4][14] - WeRide's gross profit margin remained stable at 35% in Q1 2025, with a significant increase in revenue contribution from the robotaxi business [4][18] Financial Performance - Total revenue for Q1 2025 was RMB72.4 million (US$10.0 million), compared to RMB71.2 million in Q1 2024 [15] - Revenue from the robotaxi business was RMB16.1 million (US$2.2 million), contributing 22.3% of total revenue, up from 11.9% in the same period of 2024 [4][15] - The company reported a net loss of RMB385.1 million (US$53.1 million), an improvement from a net loss of RMB468.1 million in Q1 2024 [21][37] Strategic Partnerships and Expansion - WeRide expanded its partnership with Uber to include 15 additional cities, enhancing its robotaxi services and aiming for scalable operations [3][4][14] - The company launched its robotaxi services in Dubai in collaboration with the Dubai Road and Transport Authority and Uber, marking a significant step in international expansion [4][3] - WeRide and Tencent Cloud entered into an expanded strategic cooperation agreement to support autonomous driving R&D and commercialization efforts [3] Regulatory Approvals and Technological Advancements - WeRide obtained multiple regulatory approvals for commercial deployments in both domestic and international markets, facilitating its expansion efforts [4] - The company received the first batch of driverless road-testing licenses for its robovan W5 in Guangzhou, China, marking a significant regulatory milestone [8] - WeRide launched fully driverless robotaxi testing in Abu Dhabi, the first of its kind in the Middle East, and introduced a 24-hour autonomous ride-hailing network in Guangzhou [11][4] Research and Development - R&D expenses increased to RMB325.7 million (US$44.9 million) in Q1 2025, reflecting a 17.3% increase from RMB277.6 million in Q1 2024, driven by personnel-related expenses and professional service fees [21] - The company is focused on enhancing its technological leadership and expanding its end-to-end mass-market ADAS solutions [14][21] Market Position and Future Outlook - WeRide is positioned as a global leader in autonomous mobility, with operations in over 30 cities across 10 countries [32] - The company aims to make autonomous driving accessible and affordable, with ongoing efforts to diversify revenue streams and expand its market presence [14][4]

WeRide (WRD) Q4 2024 Earnings Call March 14, 2025 07:00 AM ET Company Participants Tony Han - Founder, Chairman & CEOJennifer Li - CFOLiping Zhao - Vice PresidentTing Song - Global Investment Research AssociateJiaqi Huang - Equity Research Associate Conference Call Participants Tim Hsiao - AnalystJiajie S - Equity Research AnalystNone - AnalystLeo You - Equity Research Analyst Operator Good morning and good evening ladies and gentlemen. Thank you for standing by and welcome to WeRite's Fourth Quarter and Fu ...