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WeRide Secures First Driverless Logistics Test Permit in Guangzhou

Story Highlights
  • WeRide Inc. secured a permit for driverless logistics vehicle testing in Guangzhou.
  • The Robovan W5’s testing aligns with strategic policies for autonomous technology deployment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
WeRide Secures First Driverless Logistics Test Permit in Guangzhou

Elevate Your Investing Strategy:

WeRide Inc. Sponsored ADR ( (WRD) ) has provided an update.

On July 2, 2025, WeRide Inc. announced that it has secured the first permit to road test autonomous logistics vehicles in Huangpu District, Guangzhou, for its Robovan W5. This achievement marks a significant step towards the large-scale commercialization of autonomous delivery solutions, following an earlier permit in Nansha District in April. The Robovan W5, designed for urban logistics, features advanced Level-4 autonomous driving technology and is equipped with a robust safety system. This development aligns with the strategic policy framework introduced by Guangzhou Development District and Huangpu District to support the deployment of autonomous technologies. As the global smart logistics sector is poised for rapid growth, WeRide is well-positioned to capitalize on this expanding market.

The most recent analyst rating on (WRD) stock is a Buy with a $21.00 price target. To see the full list of analyst forecasts on WeRide Inc. Sponsored ADR 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 reflects substantial financial difficulties, with negative profitability and cash flow challenges being the most significant factors. Technical indicators suggest bearish momentum, and valuation metrics are unattractive. The positive sentiment from the earnings call, driven by strategic partnerships and revenue growth, provides some optimism but is overshadowed by financial instability.

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, known for being the first publicly traded Robotaxi company. The company provides autonomous driving products and services ranging from Level 2 to Level 4, catering to mobility, logistics, and sanitation industries. WeRide’s technology has been tested or operated in over 30 cities across 10 countries, and it holds autonomous driving permits in five markets: China, the UAE, Singapore, France, and the US.

Average Trading Volume: 13,941,715

Technical Sentiment Signal: Strong Sell

Current Market Cap: $2.17B

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

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