🚀 WeRide Inc. – Repositioning for Long-Term Growth
✅ 1. Strong Strategic Momentum with Uber
WeRide’s expanded partnership with Uber is a game-changing move:
Aims to roll out robotaxis in 15 cities globally over the next 5 years.
Integration with the Uber app gives it instant visibility and scale, something most AV startups don’t have.
Uber’s $100 million equity investment underscores confidence in WeRide’s tech.
> 🔹 This isn't just a partnership — it’s a strategic validation from the world’s largest ride-hailing platform.
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✅ 2. Revenue Diversification Taking Shape
Q1 2025 revenue grew to $10 million, with robotaxi services now making up 22.3% of total revenue.
This marks a significant improvement from last year, showing traction in commercial deployments.
> 🔹 Robotaxi income is no longer just a "pilot project" — it's becoming a real business stream.
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✅ 3. Healthy Gross Margin for an Early-Stage Tech Company
Maintained a 35% gross margin in Q1 — an impressive feat for a high-capex, emerging sector.
Reflects efficient cost control in spite of global expansion and ongoing R&D.
> 🔹 Gross margins like this are rare for autonomous vehicle firms at this stage.
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✅ **4. Share Buyback Reflects Confidence
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