tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

WeRide Partners with Grab to Launch Robotaxis in Southeast Asia

Story Highlights
  • WeRide secures investment from Grab to deploy Robotaxis in Southeast Asia.
  • The partnership aims to integrate WeRide’s AVs into Grab’s network, enhancing service and safety.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
WeRide Partners with Grab to Launch Robotaxis in Southeast Asia

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An announcement from WeRide ( (WRD) ) is now available.

On August 15, 2025, WeRide announced a strategic equity investment from Grab, Southeast Asia’s leading superapp, to accelerate the deployment of Level 4 Robotaxis and shuttles in Southeast Asia. This partnership aims to integrate WeRide’s autonomous vehicles into Grab’s network, enhancing service and safety levels. The collaboration will focus on optimizing dispatch and routing, maximizing vehicle uptime, and training Grab driver-partners for future roles in the AV industry. This move is expected to bolster WeRide’s market presence in Southeast Asia and support its growth strategy.

The most recent analyst rating on (WRD) stock is a Buy with a $19.00 price target. To see the full list of analyst forecasts on WeRide stock, see the WRD Stock Forecast page.

Spark’s Take on WRD Stock

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

WeRide Inc.’s overall stock score is significantly impacted by its financial struggles and weak valuation. Despite positive momentum in technical analysis and promising developments highlighted in their earnings call, the company faces considerable challenges in achieving profitability and financial stability.

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

More about WeRide

WeRide is a global leader in the autonomous driving industry and the first publicly traded Robotaxi company. It operates autonomous vehicles in over 30 cities across 10 countries and holds autonomous driving permits in six markets, including China, Singapore, and the US. WeRide provides autonomous driving products and services from Level 2 to Level 4, catering to mobility, logistics, and sanitation industries.

Average Trading Volume: 11,887,971

Technical Sentiment Signal: Hold

Current Market Cap: $2.75B

For an in-depth examination of WRD stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1