WeRide Inc

WRD

Market cap $2.75B

At least three Chinese robotaxi companies are pushing ahead with their expansion into the Middle East. The UAE and China held a business cooperation forum in Beijing earlier this week.

WeRide expands robotaxi operations in Singapore and Dubai, launching autonomous rides and scaling global deployments.

Uber launches fully driverless robotaxis in Dubai with WeRide, marking a major AV milestone as it scales partnerships and real-world deployments globally.

UBER expands its AV push as fully driverless robotaxis launch in Dubai with WeRide, marking a key step in scaling revenue-generating autonomous mobility.

The Ai.R (Autonomously Intelligent Ride) service is operated by Grab and features WeRide's GXR and Robobus autonomous vehicle (AV) models.  The Ai.R fleet has successfully served more than 1,000 early riders and clocked over 30,000km of autonomous mileage.

Uber and Chinese autonomous vehicle company WeRide have launched robotaxi operations without a human safety operator in Dubai as part of a broader expansion in the Middle East.

Uber and Chinese autonomous vehicle company WeRide have launched robotaxi operations without a human safety operator in Dubai as part of a broader expansion in the Middle East.

Public operations began today across Umm Suqeim and Jumeirah districts Riders in Dubai can now book a WeRide fully driverless Robotaxi through the Uber app Endorsed by Dubai's Roads and Transport Authority, supporting the emirate's goal of 25% autonomous journeys by 2030 DUBAI, United Arab Emirates, March 31, 2026 (GLOBE NEWSWIRE) -- WeRide (NASDAQ: WRD, HKEX: 0800), a global leader in autonomous driving technology, and Uber Technologies (NYSE: UBER), today launched fully driverless Robotaxi fare-charging operations in Dubai, as part of the first batch of Level 4 Robotaxis to enter commercial service in the city. This marks a significant milestone in the companies' expanding AV partnership and strengthens their roles in supporting Dubai's driverless ambitions of 25% autonomous journeys by 2030.

WeRide Inc. (WRD) Q4 2025 Earnings Call Transcript

WeRide Inc. delivered strong Q4 results with 123% y/y revenue growth and robust expansion, but I maintain a Hold rating due to execution risks. WRD's $1B cash position and minimal debt support aggressive global AV fleet expansion, targeting 2,600 vehicles and deeper penetration in Europe, the Middle East, and APAC. Gross margin improved to 28.5%, and operating losses narrowed, yet profitability remains distant; progress hinges on scaling and improving unit economics.