WeRide-W (00800) Reports Q3 Revenue Surge of 144% YoY to RMB171 Million

Stock News11-24

WeRide-W (00800) announced its third-quarter results for the period ending September 30, 2025. The group recorded revenue of RMB171 million, marking a 144% year-on-year increase. Net loss attributable to ordinary shareholders narrowed by 70.53% to RMB307 million, with a basic loss per share of RMB0.34.

The company highlighted that Q3 2025 revenue growth of 144% to RMB171 million represented one of its highest historical increases, driven by global fleet expansion and improved service penetration. Product revenue surged 428.0% YoY to RMB79.2 million, while service revenue rose 66.9% YoY to RMB91.8 million.

Revenue from autonomous taxis skyrocketed 761.0% YoY to RMB35.3 million, accounting for 20.7% of total revenue in Q3 2025, up from 5.8% in Q3 2024.

WeRide achieved multiple regulatory milestones, notably securing Abu Dhabi’s first commercial license for fully driverless taxi operations, enabling unit economics breakeven for its fleet. The company has launched public operations in Saudi Arabia and Belgium, while conducting road tests in Zurich, Dubai, and Singapore.

As of October 31, 2025, WeRide’s autonomous vehicle fleet exceeded 1,600 units, including nearly 750 autonomous taxis. With its latest regulatory approval in Switzerland, WeRide’s vehicles are now authorized for operation in eight countries globally.

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