Expanded Partnership with Uber
WeRide has committed to providing Robotaxi service in 15 additional cities internationally and received an additional $100 million equity investment from Uber.
Launch of Driverless Robotaxi Testing
WeRide launched the first driverless Robotaxi testing in Abu Dhabi, the first of its kind in the Middle East.
First Autonomous Mobility Service in Central Guangzhou
WeRide rolled out China’s first 24/7 autonomous ride-hailing network in Guangzhou, covering more than 250 kilometers of public roads.
Strong RoboTaxi Revenue Growth
RoboTaxi revenue for the first quarter was RMB16.1 million, contributing 22.3% to total revenue, up from 11.9% in the same period of 2024.
Product Revenue Growth
Product revenue increased by 46.7% to RMB9.5 million, driven by a substantial increase in sales of RoboTaxis and RoboSweepers.
Strong R&D Investment
R&D expenses represent 70.3% of operating expenses, focusing on strategic investment in talent acquisition and retention, increasing by 17.3% to RMB325.7 million.
Strong Cash Position
As of March 31st, 2025, WeRide held a total capital reserve of RMB6.2 billion, including RMB4.4 billion in cash and cash equivalents.