Partnership Expansion with Uber
WeRide expanded its partnership with Uber, committing to provide Robotaxi services in 15 additional cities internationally and receiving an additional $100 million equity investment from Uber.
Driverless Robotaxi Testing in Abu Dhabi
WeRide launched the first driverless Robotaxi testing in Abu Dhabi, marking the first of its kind in the Middle East without safety drivers.
Expansion in China
WeRide expanded its Robotaxi services in Beijing and launched China's first 24/7 autonomous ride-hailing network in Guangzhou, covering over 250 kilometers of public roads.
International Market Expansion
WeRide's Robobus received operational approvals in five countries, including China, UAE, Singapore, France, and the U.S.
Robust Financials
Total revenue for Q1 2025 increased by 1.8% to RMB72.4 million, with RoboTaxi revenue rising to RMB16.1 million, contributing 22.3% of group revenue.
Gross Margin Improvement
The company reported a group-level gross margin of 35%, with product and service gross margins at 49.9% and 32.8%, respectively.