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WeRide and Uber Launch Autonomous Robotaxi Rides in Dubai, Expanding AV Footprint in the UAE
Businesswire· 2025-12-12 09:00
Core Insights - WeRide and Uber have officially launched Robotaxi passenger rides in Dubai, available through the Uber app, marking a significant step in autonomous mobility [1][2] - The service is currently operational in popular tourist areas, with plans for a fully driverless commercial service by early 2026 [2][3] - This initiative aligns with Dubai's goal of achieving 25% autonomous journeys by 2030, responding to the growing demand for shared mobility [4][5] Company Developments - WeRide aims to deploy tens of thousands of Robotaxis globally by 2030, leveraging its autonomous driving technology tested in over 30 cities across 11 countries [5][6] - Uber's partnership with WeRide and the Roads and Transport Authority (RTA) reflects its commitment to advancing autonomous transportation in the UAE and the Middle East [5][7] - The launch of Robotaxis in Dubai is part of a broader strategy to scale operations in the region, with WeRide currently operating close to 150 autonomous vehicles, over 100 of which are Robotaxis [5][6] Market Context - Dubai's public transport and shared mobility trips reached 153 million in 2024, with shared mobility users increasing by 28% compared to 2023, indicating a robust market for autonomous services [4] - The collaboration between WeRide and Uber positions both companies to capitalize on the growing demand for innovative transportation solutions in a rapidly urbanizing environment [4][5]
WeRide Secures World's First City-level Fully Driverless Robotaxi Permit Outside the U.S.
Globenewswire· 2025-11-17 12:42
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]
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 and Uber Expand Robotaxi Reach in Abu Dhabi, Ride Volumes Expected to Double
Globenewswire· 2025-07-29 09:10
Core Insights - WeRide and Uber have launched their Robotaxi service in Al Reem and Al Maryah Islands, aiming to double ride volumes and cover half of Abu Dhabi's core areas [1][4][5] Company Developments - The Robotaxi fleet has tripled in size since its launch in December 2024, with plans to expand to hundreds of vehicles in Abu Dhabi [4][5] - WeRide's GXR model is a mass-produced autonomous vehicle designed for commercial deployment, accommodating up to five passengers [3][9] - The service is expected to average dozens of trips per vehicle per day, with rides typically exceeding six kilometers [3] Industry Impact - The expansion into high-demand areas like Al Reem and Al Maryah Islands aligns with Abu Dhabi's vision for a smarter mobility system, enhancing the transport experience for residents [6][7] - The deployment of autonomous vehicles is part of a broader strategy to provide sustainable and innovative mobility solutions in the region [6][11] - Fully driverless testing of WeRide's Robotaxis is currently underway, with public access anticipated in the near future [8]