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WeRide Launches Robotaxi and Robobus Pilots in Ras Al Khaimah, Expanding Into Third UAE Emirate
Globenewswire· 2025-10-02 09:00
RAS AL KHAIMAH, United Arab Emirates, Oct. 02, 2025 (GLOBE NEWSWIRE) -- WeRide (Nasdaq: WRD), a global leader in autonomous driving technology, today announced the launch of Robotaxi GXR and Robobus pilot operations in partnership with the Ras Al Khaimah Transport Authority (RAKTA). This represents WeRide's first deployment in Ras Al Khaimah and its expansion into a third emirate in the UAE. The pilot integrates WeRide's autonomous vehicles (AVs) into Ras Al Khaimah's public transport system, laying the fou ...
WeRide Secures Robotaxi Trial Permit in Dubai and Wins First Place at Dubai World Challenge for Self-Driving Transport
Globenewswire· 2025-09-26 13:45
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 ...
WeRide Named to Fortune's 2025 Change the World List for Its Leading Role in Driving Social Impact with Autonomous Mobility
Globenewswire· 2025-09-25 08:29
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]
WeRide Included in Nasdaq Golden Dragon China Index
Globenewswire· 2025-09-23 09:00
NEW YORK, Sept. 23, 2025 (GLOBE NEWSWIRE) -- WeRide (Nasdaq: WRD), a global leader in autonomous driving technology, has been included in the Nasdaq Golden Dragon China Index (Nasdaq: HXC). By being part of this key benchmark for US-listed Chinese companies, WeRide is expected to gain greater visibility among investors, strengthen its capital markets position, and reinforce its role as a global leader in autonomous driving. WeRide has been included in the Nasdaq Golden Dragon China Index WeRide's inclusion ...
French Ambassador to China Visits WeRide and Experiences Autonomous Driving Solutions
Globenewswire· 2025-09-17 10:22
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]
WeRide to Participate in September Investor Conferences
Globenewswire· 2025-09-03 03:00
Company Overview - WeRide is a global leader and first mover in the autonomous driving industry, being the first publicly traded robotaxi company [1] - The company has tested or operated its autonomous vehicles in over 30 cities across 10 countries [1] - WeRide is the only technology company to have received autonomous driving permits in six markets: China, France, Saudi Arabia, Singapore, the UAE, and the US [1] - The WeRide One platform offers autonomous driving products and services ranging from Level 2 to Level 4, catering to mobility, logistics, and sanitation industries [1] - WeRide was recognized in Fortune Magazine's 2024 "The Future 50" list [1] Upcoming Investor Conferences - WeRide management will participate in several investor conferences, including: - Goldman Sachs Asia Leaders Conference in Hong Kong on September 3, 2025 [3] - BofA Asia Pacific Conference in Hong Kong on September 8, 2025 [3] - CLSA 32nd Investors' Forum 2025 in Hong Kong on September 9, 2025 [3] - Goldman Sachs Communacopia + Technology Conference 2025 in San Francisco on September 11, 2025 [3] - BofA Future Car Conference, virtual, on September 24, 2025 [3] - Morgan Stanley Asia BEST Corporate Day in New York on September 24, 2025 [3] - Evercore ISI Autonomous, ADAS, AI Forum in New York on September 30, 2025 [3]
WeRide Secures Strategic Equity Investment from Grab, Partners to Deploy Robotaxis and Autonomous Shuttles in Southeast Asia
Globenewswire· 2025-08-15 09:18
Core Insights - WeRide has announced a strategic equity investment from Grab to accelerate the deployment of Level 4 Robotaxis and shuttles in Southeast Asia, aiming to integrate WeRide's autonomous vehicles into Grab's network for improved service and safety [2][3][5] Investment and Partnership - Grab's investment is expected to be finalized by the first half of 2026, contingent on customary closing conditions and WeRide's preferred timing, supporting WeRide's growth strategy in Southeast Asia [3] - This partnership builds on a prior Memorandum of Understanding signed in March 2025, focusing on the technical feasibility, commercial viability, and job creation potential of autonomous vehicles in the region [8] Operational Integration - The collaboration will establish a framework for deploying autonomous solutions across Grab's network, enhancing operational efficiency and scalability [4] - WeRide will integrate its autonomous driving technology into Grab's fleet management, vehicle matching, and routing ecosystem [4][12] Vision and Goals - WeRide aims to deploy thousands of Robotaxis in Southeast Asia, aligning with local regulations and societal readiness, leveraging Grab's regional expertise in ride-hailing and digital services [5] - Grab emphasizes the need for reliable transportation in Southeast Asia, particularly in areas with driver shortages, and plans to test WeRide's vehicles in diverse environments to adapt the technology for regional needs [6] Technical Collaboration - The partnership will focus on optimizing dispatch and routing, maximizing vehicle uptime, measuring safety performance, remote monitoring, customer support, and training for driver-partners and local communities [12]
WeRide Launches Southeast Asia’s First Fully Driverless Robobus Operations at Resorts World Sentosa, Singapore
GlobeNewswire· 2025-07-17 09:52
Core Insights - WeRide has launched fully driverless Robobus operations at Resorts World Sentosa, Singapore, marking the first autonomous vehicle in Southeast Asia to operate without a safety officer on board [1][2][4] Company Developments - WeRide received approval from the Land Transport Authority of Singapore (LTA) after extensive testing and safety assessments, allowing the Robobus to offer fully autonomous rides to the public [2][9] - The Robobus has been operational since June 2024, transporting tens of thousands of passengers and maintaining a zero-incident safety record [2][5] - The Robobus operates on a fixed 12-minute loop connecting key points within Resorts World Sentosa, utilizing advanced LIDAR, cameras, and sensors for obstacle detection [5] Industry Impact - The launch is seen as a significant milestone for the future of mobility in Southeast Asia, with WeRide's vehicles expected to transform public transportation [4][6] - Singapore's government plans to integrate autonomous vehicles into the national public transport network by the end of 2025, aligning with WeRide's operations [6][9] - WeRide has established a dedicated R&D center in Singapore to advance autonomous vehicle innovation, supported by the Singapore Economic Development Board [6][12] Future Collaborations - WeRide aims to strengthen collaborations with LTA and various stakeholders to introduce more validated products and scalable business models across Singapore and Southeast Asia [11][12]
WeRide to Announce Second Quarter 2025 Financial Results on July 31, 2025
Globenewswire· 2025-07-16 10:00
Company Overview - WeRide Inc. is a global leader in autonomous driving technology and the first publicly traded Robotaxi company [3] - The company has tested or operated its autonomous vehicles in over 30 cities across 10 countries [3] - WeRide is the first and only technology company to receive autonomous driving permits in five markets: China, the UAE, Singapore, France, and the US [3] - The WeRide One platform offers autonomous driving products and services ranging from Level 2 to Level 4, catering to mobility, logistics, and sanitation industries [3] - WeRide was recognized in Fortune Magazine's 2024 "The Future 50" list [3] Upcoming Financial Results - WeRide plans to release its second quarter 2025 financial results before the U.S. market opens on July 31, 2025 [1] - The management team will host an earnings conference call at 8:00 AM U.S. Eastern Time on the same day [1] - Participants must register online in advance to receive dial-in numbers and a unique access PIN for the conference call [1]
WeRide Teams Up with Renault to Bring Autonomous Shuttle to Roland-Garros Again
Globenewswire· 2025-06-03 10:21
Core Insights - WeRide partners with Renault Group to provide a Level-4 autonomous minibus shuttle service at the 2025 Roland-Garros tournament, marking the second consecutive year of collaboration [1][2] - The Robobus service has demonstrated safety and reliability in real-world environments, leading to the renewal of the partnership [2] - The service covers a distance of 2.8 km in 12 minutes, operating daily from May 25 to June 8, with added night service from 10 PM to midnight [3][4] Company Developments - WeRide's CEO emphasizes the importance of the European market and the company's commitment to commercializing autonomous mobility solutions [5] - The Robobus is the world's first pre-designed autonomous driving minibus deployed on a large scale, with a presence in nearly 30 cities globally [8] - WeRide has received autonomous driving permits in five markets, including France, and is recognized in Fortune Magazine's 2024 "The Future 50" list [9] Industry Trends - The partnership between WeRide and Renault reflects a growing trend towards the commercialization of autonomous public transport in Europe [6] - The successful operation of the Robobus service at a major sporting event indicates increasing public acceptance and readiness for autonomous mobility solutions [5][6] - The introduction of the night service showcases advancements in technology that allow for safe operation in complex urban environments [4]