NEW YORK, July 31, 2025 (GLOBE NEWSWIRE) -- WeRide Inc. ("WeRide" or the "Company") (Nasdaq: WRD), a global leader in autonomous driving technology, today announced its unaudited financial results for the three months ended June 30, 2025.

Recent Highlights

   -- Total revenue grew 60.8% year-over-year (YoY) to RMB127.2 million 
      (US$17.8 million) in 2Q2025, demonstrating undisputed and accelerating 
      commercial momentum. 
 
          -- 2Q2025 robotaxi revenue grew 836.7% YoY to RMB45.9 million (US$6.4 
             million) in 2Q2025, the highest-ever quarterly robotaxi revenue 
             since Company inception; 
 
          -- The highest quarterly robotaxi revenue concentration since 2021, 
             with 36.1% of our total revenue in 2Q2025 from robotaxi business; 
 
   -- Gross Profit grew 40.6% YoY to RMB35.7 million (US$5.0 million) in 
      2Q2025, with an industry-leading margin of 28.1%. 
 
   -- WeRide launched High-performance Computing 3.0 Platform powered by NVIDIA 
      DRIVE AGX Thor chips, reducing autonomous driving suite cost by 50% and 
      achieving 100% automotive grade. 
 
   -- WeRide launched Saudi Arabia's first-ever robotaxi pilot operation in 
      Riyadh, becoming the world's only technology company with products 
      holding autonomous driving permits in 6 countries. 
 
   -- WeRide operates the largest robotaxi fleet in the Middle East. The 
      WeRide-Uber robotaxi fleet in Abu Dhabi has tripled in size since the 
      joint launch in 2024, covering about 50% of the city's core area. 
      WeRide-Uber aims to continue growing the fleet to hundreds of 
      robotaxis in Abu Dhabi alone. 
 
   -- WeRide maintains over 2,200 days of public operations with zero 
      regulatory discipline due to autonomous system failures. 

Redefining Autonomous Driving with Leading Technology Breakthroughs

High-Performance Computing $(HPC.AU)$ 3.0 Platform Powered by NVIDIA DRIVE AGX Thor Chips

   -- In July 2025, WeRide launched the HPC 3.0 high-performance computing 
      platform, jointly developed with Lenovo and powered by NVIDIA's latest 
      DRIVE AGX Thor chips. 
 
   -- The new HPC 3.0 platform made its debut on WeRide's latest-generation 
      robotaxi GXR -- making it the world's first mass-produced level-4 (L4) 
      autonomous vehicle built on NVIDIA DRIVE AGX Thor. 
 
   -- Fully automotive-grade, HPC 3.0 reduces autonomous driving system costs 
      by 50%, paving the way for large-scale commercial deployment. 
 
   -- Delivering up to 2,000 TOPS of AI compute, HPC 3.0 features dual NVIDIA 
      DRIVE AGX Thor chips and now ranks among the most powerful computing 
      platforms available to support L4 autonomy. 

Partnership with Chery on New-Generation Robotaxi to Revolutionize Urban Mobility

   -- In April 2025, WeRide and Chery Group unveiled their jointly-developed, 
      new generation robotaxi model, CER, at Auto Shanghai 2025. The CER is 
      built on WeRide's universal autonomous driving platform, WeRide One, and 
      EXEED's STERRA ET vehicle architecture. 
 
   -- In July 2025, WeRide and Chery showcased the CER robotaxi in active 
      operation during the World Artificial Intelligence Conference (WAIC 2025) 
      in Shanghai. 
 
   -- Equipped with WeRide's HPC and Sensor Suite 5.6, the CER features over 20 
      sensors -- including cost-efficient LiDARs, HD cameras, and RTK-precision 
      navigation modules -- and incorporates five layers of redundant safety 
      systems (steering, braking, parking, communication, and power supply 
      redundancy). 
 
   -- The CER's spacious interior and extended range on the EXEED STERRA ET 
      platform enable it to support long-distance, all-scenario, high-frequency 
      driverless shuttle services. 

Unparalleled Robotaxi Footprint Validated by Global Operations

Abu Dhabi, UAE

   -- Since launching in Abu Dhabi in December 2024, the WeRide-Uber robotaxi 
      fleet has tripled in size. Each vehicle is expected to average dozens of 
      trips per day during a 12-hour shift with each ride typically exceeding 
      six kilometers. 
 
   -- In July 2025, WeRide and Uber started robotaxi services on Al Reem and Al 
      Maryah Islands in Abu Dhabi, in partnership with the Abu Dhabi Integrated 
      Transport Centre. The expansion is expected to double ride volumes, with 
      the service now covering about half of Abu Dhabi's core areas, including 
      highways and the airport. 
 
   -- WeRide and Uber announced their goal to grow their fleet to hundreds of 
      robotaxis in Abu Dhabi, with plans to extend services into Khalifa City, 
      Masdar City, and more areas of downtown Abu Dhabi later this year. 
 
   -- WeRide's robotaxi fleet has begun driverless testing, paving the way for 
      a commercial driverless launch in the coming months. 

Shanghai, China

   -- In July 2025, WeRide had been allowed to conduct regulation-compliant, 
      Level 4 (L4) autonomous robotaxi ride-hailing services in Shanghai, 
      partnering with Chery Group and Jinjiang Taxi. 
 
   -- As part of WAIC's L4 Intelligent Vehicle Experience Showcase, the three 
      partners jointly launched L4 robotaxi shuttle service powered by our 
      latest pre-installed model CER. This also marked WeRide robotaxi's 
      official entry into its tenth city globally. 
 
   -- The service connected key Shanghai transport hubs and cultural-tourism 
      landmarks, including the Shanghai World Expo Center, Jinqiao, Huamu, 
      Shanghai Pudong International Airport, and Shanghai Disney Resort. 

Riyadh, Saudi Arabia

   -- In July 2025, WeRide's robotaxi was granted Saudi Arabia's first robotaxi 
      autonomous driving permit, making WeRide the world's only technology 
      company with products holding autonomous driving permits in six 
      countries: Saudi Arabia, China, the UAE, Singapore, France, and the US. 
 
   -- With this permit, WeRide is authorized to operate an autonomous vehicle 
      business and deploy robotaxis nationwide in Saudi Arabia, starting with 
      its pilot operations in Riyadh with Uber and local partner Ai Driver. 
 
   -- This pilot marked WeRide's third market deployment with Uber, following 
      previous launches in Abu Dhabi and Dubai. 
 
   -- The pilot covers King Khalid International Airport and several key 
      locations throughout Riyadh, including major highways and selected city 
      center destinations. Commercial robotaxi service is expected to launch by 
      end-2025 through a partnership between WeRide and Uber. 

Dubai, UAE

   -- In June 2025, WeRide signed a Memorandum of Understanding with Dubai's 
      Roads and Transport Authority and Uber to commence pilot robotaxi 
      operation later in 2025 via the Uber platform in Dubai. 
 
   -- In the initial phase, the vehicles will operate with a safety driver 
      onboard, paving the way for commercial rollout of driverless services in 
      2026. 

Driving Continued Global Expansion Beyond Robotaxis

Robobus

   -- Singapore. In July 2025, WeRide has obtained approval from the Land 
      Transport Authority of Singapore to offer fully autonomous rides to the 
      public. WeRide has launched fully driverless robobus operations at 
      Resorts World Sentosa, Singapore $(RWS.UK)$ -- the first autonomous vehicle in 
      Southeast Asia to operate without a safety officer on board. This 
      achievement comes after a year of safe service since June 2024, during 
      which the robobus transported tens of thousands of passengers within RWS 
      and completed thousands of autonomous trips. 
 
   -- Paris, France. In June 2025, WeRide partnered with Renault Group, for the 
      second consecutive year, to provide a L4 autonomous minibus shuttle 
      service for Roland-Garros tennis tournament -- one of the world's most 
      prestigious sporting events. A new night service, which was added this 
      year, operated from 10pm to midnight, offering greater convenience and 
      extended access for guests. 
 
   -- Riyadh, KSA. In May 2025, WeRide announced that it has been testing and 
      deploying its robobus in several key areas across Saudi Arabia, including 
      King Fahad Medical City, Aramco residential communities, AlUla, etc. The 
      L4 autonomous vehicle is designed to address last-mile transportation 
      gaps and complements transit networks like Riyadh Metro, enhancing the 
      overall travel experience. Well suited to the region's hot climate, it 
      serves a wide range of use cases -- from parks to large-scale hotels and 
      tourist attractions. 

Management Commentary

Tony Han, WeRide's Founder, Chairman, and Chief Executive Officer, commented, "Our second-quarter performance marks a pivotal moment in WeRide's global journey. The rapid growth of our robotaxi business demonstrates that our strategic vision -- grounded in expansion and strong partnerships both at home and abroad -- is delivering real-world results. Our commercial success also reflects the strength of our advanced technology, with the latest NVIDIA DRIVE AGX Thor Chips-powered HPC 3.0 platform deployed on our GXR robotaxi -- setting new benchmarks for scalable, high-performance autonomous driving. As we continue to break new ground, including recent regulatory wins in the Middle East, our focus remains on expanding access to safe, autonomous transportation and leading the evolution of mobility worldwide."

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July 31, 2025 04:00 ET (08:00 GMT)