WeRide and Uber Expand Autonomous Vehicle Partnership Globally

WeRide Inc. Sponsored ADR ( (WRD) ) has issued an announcement.

On May 5, 2025, WeRide Inc. and Uber Technologies announced an expansion of their strategic partnership to bring autonomous vehicles to 15 more cities globally, including in Europe. This move is part of their joint effort to make autonomous mobility a reality worldwide. Uber has committed an additional $100 million investment in WeRide, which is expected to be completed by the second half of 2025. The partnership will see WeRide’s Robotaxi services integrated into the Uber app, with Uber handling fleet operations. This expansion aligns with WeRide’s strategy for global growth and reflects both companies’ confidence in their technology and commitment to sustainable transportation solutions.

Spark’s Take on WRD Stock

According to Spark, TipRanks’ AI Analyst, WRD is a Neutral.

WeRide’s stock score reflects its challenging financial performance, characterized by declining revenues and negative profitability. Technical indicators suggest a bearish trend, further weighing down the stock’s potential. Despite promising advancements in technology and international expansion highlighted in the earnings call, the company’s financial struggles and negative valuation metrics create significant headwinds. Overall, while there are growth opportunities, the company’s current financial state requires cautious optimism.

To see Spark’s full report on WRD stock, click here.

More about WeRide Inc. Sponsored ADR

WeRide Inc. is a global leader in the autonomous driving industry and the first publicly traded Robotaxi company. Operating in over 30 cities across 10 countries, WeRide holds driverless permits in China, the UAE, Singapore, France, and the US. The company provides autonomous driving products and services through its WeRide One platform, addressing diverse transportation needs in mobility, logistics, and sanitation.

Average Trading Volume: 4,431,990

Technical Sentiment Signal: Strong Sell

Current Market Cap: $2.48B

For a thorough assessment of WRD stock, go to TipRanks’ Stock Analysis page.