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]

Core Insights - WeRide has received a city-level commercial permit for fully driverless Robotaxi operations in Abu Dhabi, making it the first international company to achieve this milestone in the UAE [1][2][4] - The permit allows WeRide's Robotaxis to operate without an on-board safety driver, enabling the company to achieve financial breakeven on unit economics [6][8] - WeRide plans to expand its fleet to 1,000 Robotaxis in the Middle East by 2026 and aims to deploy tens of thousands by 2030 [9] Company Developments - The permit was granted on October 31, 2025, following a thorough evaluation process and the completion of a rigorous testing phase [2][4][3] - WeRide has been operating Robotaxis in Abu Dhabi since 2021 and launched a partnership with Uber in December 2024, which is the largest commercial Robotaxi service outside the U.S. and China [5][10] - As of October 2025, WeRide Robotaxis have accumulated close to one million kilometers in Abu Dhabi [6] Industry Context - WeRide is recognized as a global leader in autonomous driving technology, having tested or operated vehicles in over 30 cities across 11 countries [10] - The company is the first publicly traded Robotaxi company and has received autonomous driving permits in seven markets, including the UAE [10]

Core Viewpoint - WeRide Inc. is set to release its third quarter 2025 financial results on November 24, 2025, before the U.S. market opens [1] Group 1: Earnings Call Details - The management team will host an earnings conference call at 8:00 AM U.S. Eastern Time on November 24, 2025 [2] - Participants must register online in advance to receive dial-in numbers and a unique access PIN for the conference call [2] Group 2: Company Overview - WeRide is a global leader in the autonomous driving industry and the first publicly traded Robotaxi company [4] - The company's autonomous vehicles have been tested or operated in over 30 cities across 11 countries [4] - WeRide is the first technology company to receive autonomous driving permits in seven markets: China, the UAE, Singapore, France, Saudi Arabia, Belgium, and the U.S. [4] - The WeRide One platform offers autonomous driving products and services from Level 2 to Level 4, catering to mobility, logistics, and sanitation needs [4] - WeRide has been recognized in Fortune's 2025 Change the World and 2025 Future 50 lists [4]

NEW YORK, Nov. 04, 2025 (GLOBE NEWSWIRE) -- WeRide Inc. (“WeRide” or the “Company”) (Nasdaq: WRD), a global leader in autonomous driving technology, today announced the pricing of its global offering (the “Global Offering”) of 88,250,000 Class A ordinary shares of the Company (the “Offer Shares”), which comprises an international offering (the “International Offering”) and a Hong Kong public offering (the “Hong Kong Public Offering”). The final offering price for both the International Offering and the Hong ...

Core Viewpoint - WeRide Inc. has announced a three-year lock-up commitment by its CEO, Dr. Tony Han, which reflects confidence in the company's long-term growth and aims to bolster shareholder trust [1][2]. Company Developments - Dr. Han's lock-up period will prevent him from selling or transferring shares, reinforcing his commitment to WeRide's vision and expansion [2]. - WeRide has launched its Hong Kong Initial Public Offering (HKIPO) with plans to issue 88,250,000 Offer Shares, anticipating a listing on the Hong Kong Stock Exchange on November 6, 2025 [2]. - The company will operate under a dual primary listing structure on NASDAQ and HKEX [2]. Strategic Partnerships - Notable strategic players such as Uber, Grab, and Bosch have shown interest in participating as anchor investors in WeRide's HKIPO, indicating strong capital backing and potential collaboration [3]. - WeRide has previously secured investments from top-tier industry partners, including Uber, NVIDIA, Bosch, and Renault-Nissan [3]. Market Position and Growth - WeRide is the only tech company with autonomous driving permits in seven countries and operates in over 30 cities across 11 countries [4]. - The company has a global fleet of over 1,500 autonomous vehicles (AVs) and more than 700 Robotaxis [4]. - In Q2 2025, WeRide reported a total revenue growth of 60.8% year-over-year to RMB127.2 million (US$17.8 million) [5]. - Robotaxi revenue surged 836.7% year-over-year to RMB45.9 million (US$6.4 million), marking the highest quarterly revenue since the company's inception [5]. - The Robotaxi business accounted for 36.1% of total revenue in Q2 2025, reflecting significant market traction [5]. - Gross profit increased by 40.6% year-over-year to RMB35.7 million (US$5.0 million), achieving an industry-leading margin of 28.1% [5].

Core Insights - WeRide has launched Robotaxi GXR and Robobus pilot operations in Ras Al Khaimah, marking its first deployment in the emirate and expanding its presence in the UAE [1][2] Company Operations - The pilot integrates WeRide's autonomous vehicles into Ras Al Khaimah's public transport system, aiming for broader commercialization across the country [2] - WeRide is the sole partner for Ras Al Khaimah's smart mobility strategy and the only AV company with active operations in the emirate [2] - The Robobus will operate across nine stops on Al Marjan Island, connecting key hotels and resorts, while the Robotaxi GXR will serve the city center [5][6] Regulatory and Strategic Developments - Commercial operations are set to begin in early 2026, with a safety officer onboard initially, transitioning to fully driverless operations pending regulatory approval [6] - The launch aligns with RAKTA's Comprehensive Mobility Plan 2030, which aims to integrate various transport modes and advance sustainability [7] - A Memorandum of Understanding (MoU) was signed between WeRide and RAKTA to provide technical solutions and operational support for the deployment of AVs [8][9] Industry Context - Ras Al Khaimah is enhancing its tourism sector, particularly on Al Marjan Island, which will host the Middle East's first casino, and WeRide's partnership supports this vision for autonomous transport [10] - WeRide is recognized as a leader in the autonomous driving industry, having tested or operated vehicles in over 30 cities across 11 countries [11]

The company plans to grow its Middle East fleet to 1,000 vehicles and deploy tens of thousands of Robotaxis by 2030DUBAI, United Arab Emirates, Sept. 26, 2025 (GLOBE NEWSWIRE) -- WeRide (Nasdaq: WRD), a global leader in autonomous driving technology, secured a self-driving vehicle trial permit from Dubai's Roads and Transport Authority (RTA) earlier this month to conduct Robotaxi trials in the city. His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister ...

Core Insights - WeRide has been recognized in Fortune's 2025 Change the World list as the only autonomous vehicle technology company, marking its second appearance on the list after debuting at No. 8 in 2023 [1][3] - The company has also been included in Fortune's 2025 Future 50 list, rising 10 places to rank 16th, making it the highest-ranked Chinese company on this list [5][6] Company Performance - WeRide reported a quarterly revenue of US$17.8 million for Q2 2025, representing a year-on-year increase of 60.8%, indicating strong commercial momentum [8] - Robotaxi revenue surged 836.7% year-on-year to US$6.4 million, contributing 36.1% of total revenue, the highest concentration since 2021 [8] - Gross profit increased by 40.6% year-on-year, reflecting steady growth in the company's financial performance [8][7] Industry Impact - WeRide is recognized for its role in addressing global urban mobility challenges and promoting safer, smarter, and greener transportation through autonomous driving technology [3][4] - The company has tested or operated its vehicles in over 30 cities across 11 countries, achieving over 2,200 days of safe autonomous operations [4][9] - Human error accounts for over 90% of road accidents, and WeRide's technology aims to reduce this while improving efficiency and providing environmental benefits [4]

Core Viewpoint - WeRide has been included in the Nasdaq Golden Dragon China Index, which is expected to enhance its visibility among investors and strengthen its position in capital markets [1][3]. Group 1: Inclusion in Nasdaq Golden Dragon China Index - WeRide's inclusion in the index will lead to automatic allocation of its shares in investment funds tracking the index, providing long-term support [3]. - The index is closely followed by institutional investors, which is likely to increase attention on WeRide and enhance market activity [3]. - This inclusion will bolster WeRide's brand image among global investors, potential clients, and partners, aiding its international business expansion [3][4]. Group 2: Market Context and Performance - The Nasdaq Golden Dragon China Index, which now includes 83 Chinese stocks, has shown an upward trend, reaching its highest level since February 2022, indicating growing optimism in global capital markets regarding Chinese companies [4][5]. - WeRide's inclusion is seen as a significant milestone against the backdrop of improving investor sentiment toward US-listed Chinese stocks [5]. Group 3: Company Milestones and Growth - WeRide was listed on the Nasdaq on October 25, 2024, becoming the first publicly listed Robotaxi company, and operates in over 30 cities across 11 countries [6][8]. - Recent partnerships and milestones include launching Grab's first autonomous vehicle service in Singapore and receiving Belgium's first Level 4 test permit, making WeRide the only company with autonomous driving permits in seven countries [6]. - In Q2 2025, WeRide reported revenue of US$17.8 million, a 60.8% year-on-year increase, with Robotaxi revenue surging 836.7% year-on-year to US$6.4 million [7].

Core Insights - The French delegation, led by Ambassador Bertrand Lortholary, visited WeRide to explore the company's operations and future plans in France [1][3] - WeRide showcased its autonomous Robotaxi and Robobus, highlighting their performance and safety in adverse weather conditions [4] - WeRide is collaborating with Renault Group to launch a mass-produced autonomous Robobus by 2030, addressing the demand for green public transport in Europe [4][5] Company Overview - WeRide is recognized as a global leader in the autonomous driving industry and is the first publicly traded Robotaxi company [6] - The company has tested or operated its autonomous vehicles in over 30 cities across 11 countries and holds autonomous driving permits in six markets, including China, Singapore, France, Saudi Arabia, the UAE, and the US [6] - WeRide's product offerings range from Level 2 to Level 4 autonomous driving solutions, catering to various sectors such as mobility, logistics, and sanitation [6] Recent Milestones - WeRide received France's Level 4 driverless public road testing and operating permit for its Robobus on March 27, 2025 [8] - The company launched Europe's first fully driverless commercial deployment of its Robobus in Drôme, France, in partnership with beti, Renault Group, and Macif on February 27, 2025 [8] - WeRide will provide an exclusive Level 4 autonomous Robobus shuttle service at Roland Garros, Paris, for two consecutive years starting in 2024 [8]