WeRide Inc (WRD)

WeRide, Uber, and AVOMO Bring Robotaxis to MadridJune 2, 2026 4:30 AM
Business Wire First joint market entry in Europe, with public operations expected later this year via the Uber app In partnership with the Madrid Regional Government WeRide (NASDAQ: WRD, HKEX: 0800), a global leader in autonomous driving technology, and Uber Technologies, Inc. (NYSE: UBER) today announced plans to launch Spain’s first commercial Robotaxi pilot in the Region of Madrid, marking the companies’ first joint entry into the European market. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260602891867/en/Illustration of WeRide and Uber’s Robotaxi GXR in Madrid The service is expected to begin operations later this year, in collaboration with Madrid’s Regional Government (Comunidad de Madrid), with rides available via the Uber app. The parties expect the fleet to scale progressively and will initially include trained vehicle operators, with WeRide, AVOMO and Uber committed to adding hundreds of Robotaxis as key performance milestones are met, including the expansion of fully driverless commercial service across core urban areas. This milestone builds on WeRide and Uber’s proven track record in the Middle East, where fully driverless Robotaxi commercial services are already in Abu Dhabi and Dubai, with Riyadh expected to follow. The rollout reflects WeRide’s asset-light operating strategy, enabling Robotaxi commercialization through established partners that contribute fleet investment and platform support. In Madrid the transportation service will be carried out with the support of AVOMO, a Moove Cars Group company, and Uber’s AV fleet operations partner in the United States in both Atlanta and Austin, using WeRide’s autonomous driving technology. The Region of Madrid represents one of Europe’s most attractive Robotaxi markets, supported by strong mobility demand, a large urban population, and favorable policies. Powered by the WeRide One universal technology platform and WeRide GENESIS general-purpose simulation platform, WeRide expects to efficiently replicate the operational success from its Middle East deployments, enabling a faster rollout of safe and reliable Robotaxi services in Madrid. This marks the fourth of the 15 cities outlined under WeRide and Uber's previous agreement, with another 11 cities to come by 2030. Under this partnership, they plan to deploy tens of thousands of Robotaxis on public roads to bring safe and reliable autonomous mobility to riders around the globe. "Launching driverless Robotaxis in Madrid, one of Europe's fastest-growing urban environments, demonstrates our ability to operate safely in complex real-world conditions. Spain is our fifth European market entry and further strengthens our position as a trusted Robotaxi operator across the continent. Together with Uber, we're combining our autonomous driving technology with their mobility platform to accelerate commercialization at scale," said Dr. Tony Han, Founder and CEO of WeRide. “Madrid represents an important next step in our partnership with WeRide to bring autonomous mobility to more people around the world. With a clear regulatory path and strong local partners, Madrid is a natural place to become a leading European market for AVs. We’re excited to help shape the future of autonomous mobility in Europe together,” said Sarfraz Maredia, Global Head of Autonomous Mobility & Delivery at Uber. “This launch will mark an important milestone in AVOMO’s international expansion which further strengthens our position as a global autonomous mobility operator. After nearly two years of close collaboration with Uber in the United States, we are entering this next phase with a long-term vision and a strong commitment to building efficient, scalable operations across new markets,” said Manuel Puga, CEO of Moove Cars Group. About WeRide WeRide is a global leader and a first mover in the autonomous driving industry, as well as the first publicly traded Robotaxi company. Our autonomous vehicles have been deployed in over 40 cities across 12 countries. We are also the first and only technology company whose products have received autonomous driving permits in eight markets: China, the UAE, Singapore, France, Switzerland, Saudi Arabia, Belgium, and the US. Empowered by the smart, versatile, cost-effective, and highly adaptable WeRide One platform, WeRide provides autonomous driving products and services from L2 to L4, addressing transportation needs in the mobility, logistics, and sanitation industries. WeRide was named to Fortune's 2025 Change the World and 2025 Future 50 lists. About Uber Uber’s mission is to create opportunity through movement. We started in 2010 to solve a simple problem: how do you get access to a ride at the touch of a button? More than 72 billion trips later, we're building products to get people closer to where they want to be. By changing how people, food, and things move through cities, Uber is a platform that opens up the world to new possibilities. About AVOMO AVOMO is the autonomous vehicle operations company of Moove Cars Group, specializing in the operations and maintenance of self-driving fleets to support safe, reliable and scalable AV deployments. AVOMO currently operates autonomous vehicle fleets in Austin and Atlanta, managing around 400 AVs with a team of more than 200 specialists. Safe Harbor Statement This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about WeRide’s, Uber’s, or AVOMO’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and are subject to regulatory approvals. Further information regarding these and other risks is included in WeRide and Uber’s filings with the U.S. Securities and Exchange Commission and announcements on the website of the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release. WeRide, Uber and AVOMO do not undertake any obligation to update any forward-looking statement, except as required under applicable law. View source version on businesswire.com: https://www.businesswire.com/news/home/20260602891867/en/ Media Contacts
WeRide: pr@weride.ai
Uber: press@uber.com Original: WeRide, Uber, and AVOMO Bring Robotaxis to Madrid

In for 5k shares.    Long term.  

9.18 .. Notably, this marks the first driverless deployment in the Middle East, as well as the first city outside the U.S. to host driverless operations on the Uber (UBER) platform.

$9.28

Bought some first robotaxi company Ktahy wood bought..WeRide Attracts Public Investments as Top Funds Back Its Autonomous Mobility GrowthDecember 04 2025 - 5:14AM
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WeRide (NASDAQ: WRD, HKEX: 0800), a global leader in autonomous driving technology, has attracted investment from ARK Invest (ARK), a leading investment firm managed by Cathie Wood. Based on its public disclosure, ARK acquired a total of 858,295 WeRide American Depositary Shares (ADSs) from public markets over the past three trading days, indicating confidence in the company's growth prospects and long-term strategic positioning in the autonomous mobility market.ARK’s investment aligns with its focus on disruptive innovation, as autonomous mobility is on track to become a multi-trillion-dollar global market, with robotaxi fleets potentially reaching tens of millions of vehicles by 2030, according to ARK's "Big Ideas 2025" report. WeRide is well positioned to capture this growth, with over 1,600 autonomous vehicles (AVs) internationally and presence in over 30 cities across 11 countries. WeRide is the only company whose AVs hold autonomous driving permits in eight countries – China, the UAE, Saudi Arabia, Singapore, Switzerland, France, Belgium, and the US – highlighting strong regulatory trust in its technology.Earlier this week, Bank of America (BofA) initiated research coverage on WeRide at Buy with a price target of US$12 for its ADSs listed on NASDAQ and HK$31for its Class A Ordinary Shares listed on the Hong Kong Stock Exchange. This represents an upside potential of 45.6% and 50.0% respectively, based on the November 28 closing prices of US$8.24 and HK$20.66. Other recent Buy ratings include Bank of China International (BOCI) (September 29, target price: US$20.00, 96% upside potential) and Citi (November 7, target price: US$15.30 and HK$39.601, 62% upside potential).Based on recent public filings, WeRide’s shareholders now include leading global institutions such as Bosch, Fidelity Management & Research, Greenwoods Asset Management, Hudson Bay Capital, Invesco, M&G, Mirae Asset, Morgan Stanley Investment Management, NVIDIA, Temasek and multiple other long-only and sovereign wealth funds in Asia and the Middle East, among others. Grab, Southeast Asia's leading superapp, and Uber, the world’s largest mobility and delivery technology platform, are also shareholders in WeRide.WeRide’s strong Q3 2025 performance reflects the confidence shown by ARK and other major shareholders. WeRide recorded revenue of US$24.0 million, up 144.3% year-on-year (YoY), with its core Robotaxi business delivering US$5.0 million in revenue, up 761.0% YoY. Gross profit grew 1,123.9%, while gross margin rose 26.4 percentage points to 32.9%, placing WeRide among industry leaders and underscoring its path toward profitability.Founder and CEO Dr. Tony Han noted in a recent CNBC interview: “I'm very optimistic with WeRide's leading position in the global market and our technology. Profitability is a sure thing."This success stems from WeRide's commitment to staying at the forefront of the fast-evolving autonomous mobility market. WeRide One, the company’s universal autonomous driving technology platform for L2 to L4 vehicles, integrates full-stack software algorithms, modular hardware solutions, and cloud-based infrastructure, enabling strong synergy across mobility, logistics and sanitation products on open roads.WeRide’s rapid global expansion has not gone unnoticed among investors, supported by its proven track record in navigating complex regulatory environments and in consistently being a first mover across international markets. Notably, the company obtained the world’s first city-level fully driverless Robotaxi commercial permit outside the United States in Abu Dhabi and has already launched the fully driverless service on the Uber platform, with the operation on track to achieve breakeven unit economics.Besides Abu Dhabi, WeRide's AVs are deployed inGuangzhou, Beijing, Singapore, Riyadh, Dubai, Leuven (Belgium), etc., and its Robotaxi secured a driverless permit in the Canton of Zurich, Switzerland. WeRide plans to deploy 500-1,000 Robotaxis in the Middle East by end-2026, and tens of thousands worldwide by 2030. WeRide has achieved fully driverless Robotaxi operations in Guangzhou, Beijing and Abu Dhabi, and in Abu Dhabi, the WeRide-Uber Robotaxi service covers about half of Abu Dhabi core areas.BOCI analysts recently noted that "WeRide is poised to stand out as one of the final winners" as the global robotaxi industry scales. Reflecting this positive outlook, ARK’s stake in WeRide, alongside a strong shareholder base and Buy ratings from BOCI, BofA, CICC, Citi, J.P. Morgan, Morgan Stanley, UBS and other leading investment banks, demonstrates confidence that WeRide’s strategic execution and growing commercial footprint will drive long-term shareholder value.About WeRide
WeRide is a global leader and a first mover in the autonomous driving industry, as well as the first publicly traded Robotaxi company. Our autonomous vehicles have been tested or operated in over 30 cities across 11 countries. We are also the first and only technology company whose products have received autonomous driving permits in eight markets: China, the UAE, Singapore, France, Switzerland, Saudi Arabia, Belgium, and the US. Empowered by the smart, versatile, cost-effective, and highly adaptable WeRide One platform, WeRide provides autonomous driving products and services from L2 to L4, addressing transportation needs in the mobility, logistics, and sanitation industries. WeRide was named to Fortune's 2025 Change the World and 2025 Future 50 lists.

$9.23

BULLISH 

And here were are just a few weeks later and the stock is below $19.

It was just reported that Nvidia has had this ownership position in WRD for many years. The public don't know this until recently because WRD did it's IPO in November 2024 which forced Nvidia to publicly disclose it position.

Botromline, this is NOT a new position for Nvidia and retail overreacted because they thought it was.  

Very possible the stock retraces back below 25, maybe even to 20.

Back out at $38 and ready for the next flip

$36 + 15% back to $40 at least 

Got a gift for you...............


Message me on an open board or check the post I made before this one

$31.70 + 78% When NVDA disclosed SOUN SERV ownership saw 500 to 1,000 per cent jumps over a few months .....just the beginning here 

It has NVDA and its trillion dollar backing $40 plus again. Billions of vehicles will use this technology in the future 

2 Billion Dollar Loss Negative 91$ per share book value Company is Cash Flow negative to the tune of 600 Million Dollars a year this company has Worse fundamentals then that NKLA Same business model that is now on the verge of Bankruptcy that is trading at 50 Cents per share dont get suckered in and left holding the bag on this Trash

Income Statement
Revenue (ttm) 369.27M
Revenue Per Share (ttm) 10.44
Quarterly Revenue Growth (yoy) -17.80%
Gross Profit (ttm) 154.29M
EBITDA -1.67B
Net Income Avi to Common (ttm) -2.11B
Diluted EPS (ttm) -1.15
Quarterly Earnings Growth (yoy) --
Balance Sheet
Total Cash (mrq) 4.19B
Total Cash Per Share (mrq) 39.58
Total Debt (mrq) 42.4M
Total Debt/Equity (mrq) 0.88%
Current Ratio (mrq) 13.64
Book Value Per Share (mrq) -91.12
Cash Flow Statement
Operating Cash Flow (ttm) -578.71M

https://finance.yahoo.com/quote/WRD/key-statistics/

$WRD : Hollllllyyyyyyyyyyyyyy Crap.................


Just caught this on the CNBC crawl ....................... never even heard of this one before.

MEGA MOVER....... now $36


GO $WRD

WRD $36 + 108% As a Level 4 autonomous logistics vehicle designed for urban open roads, Robovan W5 is built on WeRide's almost 1,900 days of autonomous operations, and nearly 40 million kilometers of autonomous driving mileage on public roads. It features WeRide's self-designed redundant sensor kit, which detects vehicles, traffic lights, pedestrians, and other road users, while providing 360-degree blind-spot-free perception to operate 24/7 in various traf?c conditions. 

WeRide Launches Robovan W5, Pioneering New Class of Autonomous Delivery Vehicle
https://ih.advfn.com/stock-market/NASDAQ/weride-WRD/stock-news/95384151/weride-launches-robovan-w5-pioneering-new-class-o