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WeRide Teams Up with Renault to Bring Autonomous Shuttle to Roland-Garros Again
Globenewswire· 2025-06-03 10:21
PARIS, June 03, 2025 (GLOBE NEWSWIRE) -- WeRide, a global leader in autonomous driving technology, is partnering with Renault Group, a premium partner of Roland-Garros, for the second consecutive year, to provide a Level-4 autonomous minibus shuttle service during the 2025 Grand Slam tournament on the iconic clay courts. (Passengers waiting to board WeRide's Robobus at Roland-Garros) The return of the Robobus service to Roland-Garros — one of the world's most prestigious sporting events — highlights the su ...
WeRide Inc. Announces US$100 Million Share Repurchase Program
Globenewswire· 2025-05-21 09:10
Core Viewpoint - WeRide Inc. has authorized a share repurchase program to buy back up to US$100 million of its Class A ordinary shares over the next 12 months, reflecting confidence in its business fundamentals and long-term outlook [1][2]. Company Overview - WeRide is a global leader in the autonomous driving industry and the first publicly traded robotaxi company, with operations in over 30 cities across 10 countries [3]. - The company offers a versatile and adaptable autonomous driving platform, WeRide One, which addresses various transportation needs across mobility, logistics, and sanitation [3]. - WeRide was recognized in Fortune Magazine's 2024 "The Future 50" list, highlighting its innovative position in the industry [3]. Share Repurchase Program - The share repurchase program is intended to be executed in the open market at prevailing prices, through privately negotiated transactions, block trades, or other legally permissible means, depending on market conditions [2]. - The program will be funded from the company's existing cash balance, demonstrating a commitment to returning capital to shareholders while investing in growth [2].
WeRide to Announce First Quarter 2025 Financial Results on May 21, 2025
Globenewswire· 2025-05-08 10:00
NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) -- WeRide Inc. (“WeRide” or the “Company”) (Nasdaq: WRD), a global leader in autonomous driving technology, today announced that it plans to release its first quarter 2025 financial results before the U.S. market opens on May 21, 2025. The Company’s management team will host an earnings conference call at 7:00 AM U.S. Eastern Time on Wednesday, May 21, 2025 (or at 7:00 PM Beijing Time on Wednesday, May 21, 2025). Details for the conference call are as follows: Event T ...
WeRide Debuts First Fare-charging Level-4 Robobus Service in the Heart of Guangzhou
Globenewswire· 2025-05-02 13:14
WeRide launches paid commercial Level-4 robobus service in central Guangzhou (Source: Guangzhou Daily) GUANGZHOU, China, May 02, 2025 (GLOBE NEWSWIRE) -- WeRide (Nasdaq: WRD), a global leader in autonomous driving technology, has launched a paid commercial service with its Level-4 robobus in central Guangzhou. This marks the city's first fare-charging autonomous bus line in its downtown core — a significant step toward mass commercialization of WeRide's Level-4 autonomous vehicles. As one of the world's lar ...
WeRide Speeds Smart Logistics Commercialization with First Driverless Road Testing License for Robovan in Guangzhou
Globenewswire· 2025-04-30 11:29
GUANGZHOU, China, April 30, 2025 (GLOBE NEWSWIRE) -- The unveiling ceremony for Guangzhou Nansha District's Autonomous Driving Test Base and Smart Transportation Demonstration Zone was held today in Mingzhu Bay. At the event, WeRide (NASDAQ: WRD), a global leader in autonomous driving technology, received the district's first batch of driverless road testing licenses, authorizing its Robovan W5 for driverless testing on public roads. This marks the first time such licenses are granted in Guangzhou since Na ...