Stock Track | WERIDE-W Soars 7.45% Intraday on Robotaxi Launch in Abu Dhabi and Strong Q3 Results

Stock Track2025-12-01

WERIDE-W (00800) surged 7.45% during Monday's intraday trading, reflecting strong investor confidence following the company's recent milestones.

The stock's rise comes after WERIDE and Uber announced the official launch of Level 4 fully autonomous Robotaxi commercial operations in Abu Dhabi, marking the first such deployment in the Middle East. Additionally, WERIDE reported robust Q3 financial results, with revenue up 144.3% year-on-year to RMB 171 million, driven by a 761.0% surge in its Robotaxi business revenue.

Analysts at Everbright Securities reiterated a "Buy" rating, citing expectations of further cost reductions and supportive policies globally. WERIDE's expansion into 30 cities across 11 countries and its ambitious fleet scaling plans by 2030 further bolster its growth prospects.

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