WeRide gets equity investment from Grab Holdings, announces Southeast Asia pact

WeRide (WRD) announced that Grab (GRAB) has committed to a strategic equity investment in WeRide. The investment is part of a strategic partnership between both companies to accelerate the deployment and commercialization of Level 4 Robotaxis and shuttles in Southeast Asia and reflects a shared vision to integrate WeRide’s autonomous vehicles into Grab’s network to enhance service and safety levels. Grab’s investment is expected to be completed by the first half of 2026, subject to customary closing conditions and WeRide’s preferred timing. It supports WeRide’s growth strategy to expand its commercial AV fleet in Southeast Asia and advance AI-driven mobility. This partnership will establish a framework for deploying autonomous solutions across Grab’s network. As part of this strategic collaboration, WeRide will integrate its autonomous driving technology into Grab’s fleet management, vehicle matching and routing ecosystem. In addition, WeRide and Grab will train, upskill and transition interested Grab driver-partners and local communities to high-value career pathways within the AV industry.