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WeRide specializes in Level 4 autonomous driving technologies for the mobility and logistics market. Its products include Robotaxi, Mini Robobus, and Robovan, which are deployed across online ride-hailing, on-demand transport, and urban logistics services. The company works through strategic alliances with global automakers and service platforms to tailor a diverse product mix for car makers, mobility providers, and logistics operators. Revenue comes from commercial pilot operations and fully driverless testing, and WeRide launched China’s first public Robotaxi service in 2019. With R&D and operations centers in China and the United States, the company employs over 800 people. Its goal is to enable scalable, driverless mobility and logistics solutions in smart cities through broad partnerships and real-world deployments.
Industries
Robotics & Automation
Automotive & Transportation
Hardware
AI & Machine Learning
Company Size
501-1,000
Company Stage
Post IPO Equity
Headquarters
Guangzhou, China
Founded
2017
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Total Funding
$2.1B
Above
Industry Average
Funded Over
12 Rounds
Employee Stock Plan
Competitive Compensation Package
100% Company Paid Premium Medical Plan
Team Building Activities
Paid Vacation And Time-off
Free Hot Breakfast, Lunch And Dinner
Waymo is bringing driverless taxis to a fourth country. Every technology that changes how people get around has to win two arguments. The first is whether the machine works. The second, which takes much longer, is what happens to the people who used to do the job. Waymo has largely won the first argument. Alphabet's (GOOGL) autonomous driving unit has served more than 20 million fully autonomous rides and covered more than 300 million fully autonomous kilometers, with a 94% reduction in injury-causing crashes compared with human drivers in the US cities where it operates with nobody behind the wheel, according to Waymo. For most of that run, this was an American story. Phoenix, then San Francisco, Los Angeles, Austin and Atlanta, then a fast wave of Sun Belt cities. The map changed quickly after that. London arrived in October 2025, Tokyo moved from supervised testing toward a commercial target of 2027, and Munich landed in August as the company's first European Union market, according to CNBC. This week brought a fourth country, and it is the most instructive of the group. Waymo said Friday, Sept. 18, that it plans to launch a fully autonomous, all-electric ride-hailing service in Singapore in 2028, working with the city-state's Ministry of Transport and Land Transport Authority (LTA). That is a two-year runway in a country roughly the size of New York City. It is also the first time a government welcoming Waymo has attached a labor condition to the invitation in writing. Why Singapore is a harder robotaxi market than it looks. On paper, Singapore is the easy version of this problem. Dense, wealthy, English-speaking, obsessively mapped and governed by a transport ministry that plans in decades rather than quarters. I lined up Waymo's four international announcements by date, and the pattern is not really about technology. Each new market has handed the company a different political problem to solve, and Singapore's is the one American cities have spent five years avoiding. The country is not waiting on Waymo, either. Grab (GRAB) and WeRide (WRD) opened Singapore's first public autonomous passenger service in the Punggol residential district on April 1, after a trial phase that carried more than 1,000 riders and logged over 30,000 kilometers of autonomous driving, according to Grab. Rival operator ComfortDelGro runs vehicles built on Pony.ai technology through its Zig app. Those partnerships were announced last September, which means Singaporeans had been riding driverless vehicles for months before Waymo booked its slot, as Fortune reported. What Waymo promised Singapore and when riders can book it. The rollout plan is deliberately unhurried. An initial fleet of all-electric Jaguar I-PACE vehicles arrives in the coming months, trained specialists drive them manually through 2027 to build high-definition maps and adapt the system to local road geometry and monsoon weather, and commercial rides through the Waymo app follow in 2028, subject to approvals the company does not yet hold. More Automotive: Singapore "has built one of the safest, most efficient, and most forward-thinking transportation ecosystems in the world," said Waymo co-CEO Tekedra Mawakana. Transport Minister Jeffrey Siow said the vehicles will be deployed first in the west of the country, starting with the Labrador and HarbourFront area, according to Mothership. Tokyo shows how fast the framing hardens once a market is locked in. The Japanese service is meant to run with nobody at the wheel from launch, and "from day one, this will be an unmanned service for the public," Mawakana told reporters there, reported Reuters. Here is how the four international markets stack up: * United Kingdom: London announced in October 2025 as Waymo's first market outside the US, with Jaguar I-PACE vehicles testing on public roads, according to Fortune. * Japan: Tokyo targeted for 2027 with taxi operator Nihon Kotsu and the GO app, starting small before scaling to roughly 100 vehicles, reported Reuters. * Germany: Munich targeted for late 2027, the company's third international market and first in the EU, according to CNBC. * Singapore: commercial service targeted for 2028 through the Waymo app, in partnership with the Ministry of Transport and LTA, according to Waymo. What Singapore said about taxi and private hire drivers. Read the statement closely and you find the sentence that makes this announcement different from the other three. The government said it will not allow autonomous vehicle deployment to "run ahead of our ability to retrain and support affected drivers," building on a manpower transition package announced in July, according to the LTA. My analysis of that line is that it functions as a throttle, not a slogan. Singapore is telling one of the best-funded private companies in the world that fleet growth is tied to a retraining timetable the state controls, and it put that in the same release that welcomed the company in. The scale is modest for now. Siow said driverless vehicles will add capacity to the taxi and private hire fleet and fill gaps, including trips human drivers avoid and hours when public transport has stopped running. The incumbents already work that way. Grab's Punggol service created new roles for its driver-partners, including safety operator and remote operator positions. Both Grab and ComfortDelGro have set up academies to move drivers into fleet and remote monitoring work. For anyone driving for a living in Atlanta or Austin or Phoenix, that is the part worth watching. No US city has offered its drivers a written promise about pace. Singapore just did, and that language tends to get copied once one government proves it can be enforced without scaring the technology away. What a fourth country means for Alphabet investors. None of this shows up in Alphabet's results yet. Other Bets, the segment that houses Waymo, generated $450 million in revenue and an operating loss of $1.2 billion in the first quarter of 2026, according to The Motley Fool, and the company does not break out Waymo separately. Capital is not the constraint. Waymo raised $16 billion at a $126 billion valuation earlier this year, according to TechCrunch, which buys a lot of patience in markets where approvals take years. The prize is still theoretical and very large. The global robotaxi market could be worth more than $400 billion by 2035, with the US portion at roughly $48 billion, according to Goldman Sachs estimates cited by The Motley Fool. What Singapore adds is not revenue in 2028. It is a template. Waymo now has four national regulators grading its safety case at once, and the one with the strictest labor language also has the cleanest roads and the most patient government. If the retraining condition turns out to be workable, expect London, Munich and Tokyo to reach for the same language, and expect the robotaxi bull case to start pricing labor politics alongside lidar.
WRD 3.0 powers the AION i60 with championship-winning technology available from delivery. * 2 hrs ago GUANGZHOU, China, Sept. 15, 2026 (GLOBE NEWSWIRE) - GAC AION today officially launched the 2027 AION i60, a mass-market five-seat SUV available in both battery electric vehicle (BEV) and range-extended electric vehicle (REEV) variants. The vehicle is powered by WeRide WRD 3.0, WeRide's one-stage end-to-end Advanced Driver Assistance System (ADAS) solution, which has achieved eight championships at the China Urban Intelligent Driving Competition. WRD 3.0 is now deployed in the 2027 AION i60, marking its transition to mass production. The system delivers a broad range of L2++ intelligent driving features, including enabling Navigate on Autopilot (NDA) activation directly from a parked state, navigation-free assisted driving in park and campus environments, remote parking assistance, three-point turn assistance, and Parking-space-to-Parking-space (P2P) navigation assistance in ground-level parking facilities. Following the AION N60, the newly launched 2027 AION i60 marks another major milestone in the partnership between WeRide and GAC. The collaboration is now expanding from single-model validation to scaled deployment across multiple vehicle platforms, paving the way for broader cooperation in the future. 2027 AION i60 is equipped with WeRide WRD 3.0, WeRide's One-Stage End-to-End ADAS Solution Featured on the 2027 AION i60, WRD 3.0 is WeRide's latest-generation one-stage end-to-end ADAS solution, and the culmination of nearly a decade of L4 autonomous driving development and operational experience, bringing proven capabilities to the L2++ ADAS segment. WeRide has deployed autonomous driving services in over 60 cities across 13 countries worldwide over the past decade. Through real-world operations across diverse road environments, climates, and traffic conditions globally, the company's Level 4 fully driverless autonomous vehicles have accumulated extensive experience in understanding and responding to complex traffic scenarios, road user behaviors, and rare edge-case situations. Leveraging WeRide One, WeRide's proprietary universal autonomous driving technology platform, alongside WeRide WITT, its Physical AI Cognitive Foundation Model, and WeRide GENESIS, its proprietary general-purpose simulation model, WRD 3.0 translates extensively validated Level 4 autonomous driving capabilities into holistic scene understanding and continuous decision-making capabilities for L2++ mass-produced passenger vehicles. As a result, the 2027 AION i60 can accurately understand the intentions of different road users, anticipate changes in traffic dynamics, and deliver smooth driving assistance that closely aligns with human driving intuition. The system demonstrates driving performance approaching that of an experienced human driver across a wide range of scenarios, while exhibiting strong capabilities in handling challenging edge cases. From the AION N60 to the AION i60, WeRide and GAC Group are advancing advanced driver assistance technologies from small-scale validation to large-scale mass production. WeRide will continue working closely with GAC AION and other GAC Group brands to expand the deployment of WRD 3.0 across additional vehicle models, helping bring advanced intelligent driving technologies to the mainstream consumer market. About WeRide WeRide is a global leader and a first mover in the autonomous driving industry, as well as the first publicly traded Robotaxi company. Its autonomous vehicles have been tested or operated in over 60 cities across 13 countries. Mycarrollcountynews is also the first and only technology company whose products have received autonomous driving permits in eight markets: China, the UAE, Singapore, France, Switzerland, Saudi Arabia, Belgium, and the US. Empowered by the smart, versatile, cost-effective, and highly adaptable WeRide One platform, WeRide provides autonomous driving products and services from L2 to L4, addressing transportation needs in the mobility, logistics, and sanitation industries. WeRide was named to Fortune's 2025 Change the World and 2025 Future 50 lists. Media Contact Safe Harbor Statement This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to," and similar statements. Statements that are not historical facts, including statements about WeRide's beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in WeRide's filings with the U.S. Securities and Exchange Commission and announcements on the website of the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release. WeRide does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
WeRide secures Spain's first Level 4 autonomous passenger vehicle operation license. Edited by Betty From Gasgoo | September 12, 2026 11:56 BJT Gasgoo Munich- On September 10, WeRide, Uber, and AVOMO jointly announced they have secured Spain's first Level 4 autonomous passenger vehicle operation license from the Directorate General of Traffic (DGT). The authorization clears the way for vehicle deployment, laying the groundwork for future commercial operations under the ES-AV framework. Image source: WeRide This marks the first national-level autonomous license for WeRide's Robotaxi GXR within the European Union. Under the agreement, initial deployment testing will kick off first. In the opening phase, dozens of Robotaxi GXR units equipped with WeRide's latest autonomous driving technology will hit the road across high-demand areas of Madrid, each with a safety operator behind the wheel. Once preparations are complete and regulatory requirements met, WeRide will partner with Uber and AVOMO to launch commercial Robotaxi services to the public in 2026. Madrid residents will then be able to hail a WeRide Robotaxi directly through the Uber app. As key operational milestones are reached, the trio plans to expand the service area, aiming for fully driverless commercial operations across Madrid's core districts. Madrid is the fourth city in WeRide and Uber's strategic roadmap and the first location for their commercial Robotaxi rollout in Europe. The partners plan to expand their collaboration to 15 cities globally by 2030, deploying tens of thousands of Robotaxis. Previously, the partners announced in June 2026 that they would launch Madrid's first commercial Robotaxi service. That same month, Zurich became their second European city, with public operations also set to go live in 2026. The project continues WeRide's "light-asset" global expansion model, integrating the company's autonomous driving technology with Uber's global mobility platform and AVOMO's fleet management capabilities. This creates a replicable commercial path for scaling Robotaxi services in high-value markets worldwide. To date, WeRide has secured autonomous driving licenses in nine countries: China, Spain, Switzerland, Belgium, France, Singapore, the United Arab Emirates, Saudi Arabia, and the United States. Gasgoo not only offers timely news and profound insight about China auto industry, but also help with business connection and expansion for suppliers and purchasers via multiple channels and methods. Buyer service: [email protected] Seller Service: [email protected]
Deutsche Bank has a new MD in New York. He's in a hot area. 5 hours ago Much has been said about how AI is decimating hiring opportunities; not as much has been said about the hiring opportunities created by the technology. Luckily, there is at least one role in high demand. Ren Chen will join Deutsche Bank later this month in New York as a managing director (MD) and global head of its enterprise and AI banking teams. He will initially report to Jeff Cady, Deutsche's head of Americas banking, and then Ed Lui, who is joining Deutsche as global head of technology, media, and telecommunications banking when he joins in November. Deutsche Bank declined a request for comment on this article, and Chen did not respond to a request for comment. Chen joined Deutsche from Chinese autonomous driving technology company WeRide, where he was chief strategy officer. He was CFO and chief business officer at startup Reka AI before that, for 10 months. Before his time in the industry, Chen spent 14 years at Morgan Stanley, where he was an MD in its capital markets team and global head of its internet investment banking offering. He worked across New York and Hong Kong for the bank. "The last 3 years have made me truly believe the transformative change that AI will bring to bear on all aspects of our lives," Chen said in a social media post. "It's because of this belief that I am headed to Deutsche Bank." Technology bankers are in high demand, and AI bankers are a key part of that. It's no surprise; JPMorgan estimated last month that capital expenditure at the five largest cloud and technology companies will reach $697bn in 2026. That colossal pile of money is a business opportunity for banks, and hires like Chen (and Liu, as we noted) are important for Deutsche Bank, which has just a third of the number of managing directors that a more-entrenched bank like Goldman Sachs or JPMorgan has. Have a confidential story, tip, or comment you'd like to share? Contact: +44 7537 182250 (SMS, WhatsApp or voicemail). Telegram: @SarahButcher. Signal: sarahbutcher.22 Click here to fill in our anonymous form, or email [email protected]. Bear with us if you leave a comment at the bottom of this article: comments are moderated intermittently by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. You must take sole responsibility for comments you post on this site. We will take reasonable steps to weed out anything that we consider to be offensive or inappropriate. The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits. Boost your career. Find thousands of job opportunities by signing up to eFinancialCareers today.
WeRide, a global leader in autonomous driving technology, has been added to the HKEX Tech 100 Index following Hong Kong Exchanges and Clearing Limited's quarterly review. The changes take effect on 14 September 2026. The HKEX Tech 100 Index, launched in December 2025, tracks 100 large- and mid-cap technology companies across six themes, including artificial intelligence and intelligent driving. WeRide's inclusion follows the first quarterly rebalancing under enhanced methodology announced in August. WeRide operates in 13 countries and 60 cities worldwide with an L4 fleet of approximately 3,400 vehicles. In the second quarter of 2026, the company's total revenue reached $34.2 million, representing an 82% year-on-year increase. Gross profit margin increased to 37.5%, up 9.4 percentage points from the same period in 2025.
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Industries
Robotics & Automation
Automotive & Transportation
Hardware
AI & Machine Learning
Company Size
501-1,000
Company Stage
Post IPO Equity
Headquarters
Guangzhou, China
Founded
2017
Find jobs on Simplify and start your career today