Record Revenue Growth
WeRide delivered total revenue of RMB 171 million, marking a year-over-year growth of 144%.
Global Expansion and Milestones
WeRide secured the world's first city-level fully driverless robotaxi commercial permit in Abu Dhabi and expanded into Belgium and Switzerland, becoming the only company with autonomous driving permits for 8 countries.
Operational Achievements in Middle East
WeRide has over 100 robotaxi vehicles operating in the Middle East, with plans to scale to over 500 vehicles by next year.
Significant Technological Developments
WeRide launched WePilot 3.0, an ADAS system comparable to Tesla's FSD, and achieved a major milestone with Bosch in November.
Profitability Potential in Abu Dhabi
The driverless operation in Abu Dhabi has reached a utilization level that indicates a strong user preference and has the potential for profitability.
Strong Gross Profit and Margin
Group-level gross profit increased 1,124% to RMB 56 million with a gross margin of 33%.