WeRide Inc. (WRD) generates frequent news as a global participant in autonomous driving and Robotaxi services. The company’s announcements focus on deployments and testing of its Robotaxi, Robobus, Robovan and Robosweeper products, as well as regulatory milestones and capital markets activity. Readers following WeRide news can see how its WeRide One platform is applied across mobility, logistics and sanitation in multiple regions.
Recent news has highlighted WeRide’s fully driverless Robotaxi commercial operations in Abu Dhabi, supported by what the company describes as a city-level permit for Level 4 autonomous driving without an on-board safety driver. Other updates include Robotaxi services integrated into the Uber app in Abu Dhabi, Dubai and Riyadh, and the launch of the “WeRide Go” Robotaxi booking Mini Program on WeChat in China. The company also reports Robobus deployments in cities such as Guangzhou, Shenzhen, Leuven and Zurich, and Robosweeper operations in Chinese cities and in markets including Singapore, the UAE and Saudi Arabia.
WeRide’s news flow also covers financial and listing developments, such as its dual primary listing on NASDAQ and the Hong Kong Stock Exchange and periodic financial results. Regulatory updates, including autonomous driving permits in countries such as Switzerland, China, the UAE, Singapore, France, Saudi Arabia, Belgium and the US, are another recurring theme.
Investors and observers can use this news page to track WeRide’s progress in expanding its autonomous vehicle fleet, securing permits, and working with partners like Uber, Grab and Bosch. Regular updates provide context on how the company is advancing its autonomous driving technology and commercial operations across different markets and product lines.
WeRide (NASDAQ: WRD) has been selected as the technology provider for a new autonomous driving pilot project in Switzerland, funded by the Canton of Zurich and Swiss national railway (SBB) and managed by Swiss Transit Lab. The project will initially deploy two autonomous cars during the test phase, expanding to four cars in Q2 2025, with plans for eight additional vehicles in 2026.
The service will operate in Switzerland's Furttal Region, where residents can book autonomous vehicles through an app provided by ioki. The project aims to address transportation options in suburban areas, complementing Switzerland's extensive train network, which serves as the primary connection between major cities.
This marks WeRide's third European project within eight months, following the launch of Europe's first commercial autonomous minibus project at Zurich Airport and L4 autonomous shuttle services at the 2024 French Open in Paris. The fully unmanned operation is planned to run for up to five years.
WeRide (NASDAQ: WRD) has announced the deployment of its Robobus autonomous shuttle service at Zurich Airport in collaboration with Flughafen Zürich AG and Swiss Transit Lab. The nine-passenger Robobus will be the first commercial autonomous bus shuttle at a European airport, operating between employee gates 101 and 130 starting Q1 2025.
The deployment follows WeRide's successful operations at Roland-Garros during the 2024 French Open, where Robobus provided shuttle services on a five-kilometer route. Prior to the Zurich implementation, WeRide's Robotaxi completed route mapping at the airport, showcasing potential for expanded applications in Switzerland.
The challenging Alpine environment at Zurich Airport has been successfully addressed by WeRide's technology, which has been tested across more than 30 cities in seven countries. The initial phase will include a safety driver, with plans to transition to remote monitoring operations.
Uber and WeRide have launched their autonomous mobility service in Abu Dhabi, marking the first time autonomous vehicles are available on the Uber platform outside the United States. The service represents the largest commercial robotaxi operation outside the U.S. and China.
The service will operate in key areas including Saadiyat Island, Yas Island, and routes to/from Zayed International Airport. Initially, safety operators will be present in each vehicle, with plans for fully driverless service in 2025. Tawasul Transport will serve as the fleet operator, with support from Abu Dhabi's Integrated Transport Centre.
Uber riders requesting UberX or Uber Comfort may be matched with WeRide autonomous vehicles for qualifying trips, with an opt-in option available through the app's Ride Preferences section.
WeRide (Nasdaq: WRD) has been named to the 2024 Fortune Future 50 List, which recognizes companies with the strongest long-term growth potential. The company ranks as the highest-placed autonomous driving company on the list, following its successful IPO and Nasdaq listing in October 2024 that raised $458.5 million through IPO and private placement. WeRide made history as the world's first publicly listed robotaxi company and universal autonomous driving technology company. The Fortune Future 50 ranking evaluates over 2,800 public companies worth at least $5 billion and 170 private firms with minimum $1 billion funding, using a proprietary vitality index to assess growth prospects.
WeRide (Nasdaq: WRD) announced Q3 2024 financial results, highlighting key developments including the launch of GXR, a next-generation Robotaxi platform, and strategic partnerships with Uber in UAE and Beti in France. Total revenues decreased to RMB70.0 million (US$10.0 million) from RMB74.2 million year-over-year. The company reported a net loss of RMB1,042.7 million (US$148.6 million). Notable achievements include obtaining fare-charging Robobus approval in China and launching L4 autonomous services in Singapore. WeRide expects full-year 2024 revenues between RMB350-380 million.
WeRide (Nasdaq: WRD) has launched Singapore's first commercial autonomous sanitation project, deploying its Robosweeper S6 and S1 at Marina Coastal Drive and Esplanade. This milestone follows the company's recent acquisition of M1 and T1 licenses from Singapore's Land Transport Authority. In partnership with Chye Thiam Maintenance, WeRide completed licensing, testing, and deployment in under six months. The Robosweepers feature 360-degree perception capabilities and operate through coordinated day-and-night shifts, offering fully electric, environmentally friendly sanitation solutions for Marina Bay's complex road layouts and high pedestrian areas.
Deutsche Bank has been appointed as the depositary bank for WeRide Inc.'s (NASDAQ: WRD) American Depositary Receipt program. WeRide, headquartered in Guangzhou, China, is a provider of autonomous driving solutions from Level 2 to Level 4, serving mobility, logistics, and sanitation industries. The Level III ADR program trades on NASDAQ under the symbol WRD, with a ratio of 1 ADS representing 3 Class A Ordinary shares. The program became effective on October 28, 2024, with Deutsche Bank AG's Hong Kong Branch serving as the custodian bank.
WeRide announced the closing of its initial public offering of 7,742,400 American depositary shares (ADSs) at $15.50 per ADS on October 28, 2024. Each ADS represents three Class A ordinary shares. Trading began on Nasdaq Global Select Market under symbol WRD on October 25, 2024. The company granted underwriters a 30-day option to purchase up to 1,161,360 additional ADSs. If fully exercised, WeRide could raise approximately $458.5 million in gross proceeds from the offering and concurrent private placements, before deducting expenses.
WeRide, a global autonomous driving technology company, has successfully completed its IPO on the Nasdaq Global Select Market under the symbol 'WRD'. The company priced its ADSs at $15.5 each, with potential total proceeds of $458.5 million including a $320 million concurrent private placement. Founded in 2017, WeRide offers autonomous driving solutions from Level 2 to Level 4, including Robotaxi, Robobus, Robovan, Robosweeper, and ADAS systems. The company operates in 30 cities across seven countries and holds autonomous driving licenses in China, UAE, Singapore, and the US.
WeRide (NASDAQ:WRD), a pioneering autonomous driving company, made history as it began trading on Nasdaq on October 25th, 2024, becoming the world's first pure-play autonomous driving and Robotaxi company to go public. The company offered at $15.5/ADS with a market cap of $4.3 billion.
Founded in 2017, WeRide operates in over 30 cities across 7 countries, holding autonomous driving permits in China, UAE, Singapore, and the US. The company offers a comprehensive product portfolio including Robotaxi, Robobus, Robovan, Robosweeper, and Advanced Driving solutions. WeRide has partnered with major manufacturers like Renault-Nissan-Mitsubishi Alliance and achieved significant milestones, including being the first to accumulate 10,000 purpose-built L4 autonomous driving vehicle intent orders.