WeRide Robotaxi
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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]