Shares of WeRide-W (00800) rose more than 6% during the trading session. As of this report, the stock is up 3.78%, currently trading at HK$14.84, with a turnover of HK$9.1735 million.
On July 13th, according to an announcement from the company's official social media, WeRide Inc. disclosed for the first time the progress of its L2++ intelligent driving business expansion overseas. The solution, built upon the company's proprietary one-stage, end-to-end intelligent driving assistance core algorithm and integrated with Bosch's automotive-grade domain controller platform and global validation testing capabilities, has commenced road testing and adaptation verification in countries including Germany, France, and Japan. This initiative is aimed at continuously accumulating global scene experience and systematically building product development capabilities and engineering validation systems for the global market.
Previously, Soochow Securities noted that WeRide has achieved pure unmanned commercial operations in four cities: Guangzhou, Beijing, Abu Dhabi, and Dubai, covering 70% of the core urban area in Abu Dhabi and accelerating the path to per-vehicle profitability. The company's strategic partnership with Uber continues to deepen, with Madrid being the fourth city under their 15-city agreement. The remaining 11 cities are scheduled to be launched before 2030, with plans to deploy tens of thousands of Robotaxis. In Madrid, fleet investment and operational support are provided by Uber's operational partner, AVOMO, while WeRide focuses on technology output—a model that has already been successfully validated in the Middle East.
Comments