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WeRide

Develops Level 4 autonomous driving solutions

Overview

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.

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About WeRide

Simplify's Rating
Why WeRide is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Robotics & AutomationAutomotive & TransportationAI & Machine Learning

Company Size

501-1,000

Company Stage

IPO

Headquarters

Guangzhou, China

Founded

2017

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What believers are saying

  • Q2 2026 revenue hit US$34.2 million, up 82% year over year.
  • Gross margin reached 37.5% in Q2 2026, driven by higher-margin L2++ and overseas L4.
  • Uber and AVOMO plan Madrid commercial Robotaxi service by end-2026, expanding to 15 cities.

What critics are saying

  • Madrid deploys only 20 vehicles initially, keeping revenue tiny until regulators approve scaling.
  • WeRide still depends on partner platforms like Uber and GAC; contract losses instantly shrink distribution.
  • Autonomous fleets face fatal-crash, permitting, and insurance shocks; one incident can freeze deployments globally.

What makes WeRide unique

  • September 10, 2026, Spain granted WeRide the EU's first Level 4 passenger permit.
  • WeRide runs 3,400 autonomous vehicles across 60 cities in 13 countries as of August 31, 2026.
  • WRD 3.0 reached mass production in 2026, spanning GAC AION i60 and 30-plus models.

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Funding

Total Funding

$2.1B

Above

Industry Average

Funded Over

12 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison Coming Soon

Benefits

  • 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

Stock Price

Growth & Insights and Company News

6 month growth

3%

1 year growth

0%

2 year growth

-1%
EVMagz
Oct 28th, 2026
WeRide launches global insurance program with Allianz and Ping An.

WeRide launches global insurance program with Allianz and Ping An. The program will develop coverage for Level 4 autonomous vehicle operations, including robotaxis and robobuses, as WeRide expands across international markets. Prefer on Google Discover more Compare EV Models electric vehicles WeRide has launched a global insurance program with Allianz Insurance Singapore and Ping An Property & Casualty Insurance Company of China as its first partners, aiming to develop coverage for its Level 4 (L4) autonomous vehicle operations as the company expands internationally. Announced on October 27, the program will cover different stages of autonomous vehicle operations, including robotaxis and robobuses. The partners will develop insurance arrangements that address local regulatory requirements across WeRide's existing markets in China, Southeast Asia and the Middle East, as well as planned launches in Europe. The proposed coverage includes motor liability, commercial general liability, product liability, and privacy and cybersecurity risks. Coverage for expanding autonomous fleets. WeRide operates approximately 3,600 autonomous vehicles across 13 countries and more than 60 cities, including over 1,800 robotaxis. The company said the insurance program is intended to support the deployment of tens of thousands of autonomous vehicles worldwide. Discover more WeRide expects long-term insurance partnerships and centralized coverage arrangements to help streamline insurance processes as its fleet grows. The company also anticipates that larger deployment volumes could improve insurance efficiency and support its operating economics. Allianz and Ping An support existing operations. Allianz Insurance Singapore has provided insurance for WeRide's driverless Robobus service at Sentosa, which WeRide describes as the first fully driverless autonomous vehicle service to receive coverage from an insurer in Singapore. Allianz later extended coverage to WeRide robotaxis operating with Grab through the Ai.R autonomous shuttle service in Punggol. As of October 2026, the service had recorded more than 13,000 unique riders and approximately 135,000 km of autonomous driving, according to the announcement. Ping An P&C has developed insurance coverage for WeRide's robotaxi operations in China and the Middle East, including Beijing, Guangzhou, Abu Dhabi and Dubai. The arrangements cover services offered through WeRide Go and third-party platforms such as Uber and TXAI. "Insurance is a critical part of the infrastructure needed to bring autonomous driving to scale globally," said Jennifer Li, CFO and head of international at WeRide. "As China's autonomous driving industry goes global, there is an urgent need for matching globalized insurance coverage," said Hequn Shi, deputy secretary of the Party Committee of Ping An P&C Insurance. Plans to expand the program. WeRide plans to add more markets and insurance partners to the program. The company also intends to explore coverage structures, pricing approaches and insurance protocols tailored to autonomous vehicles. The initiative addresses an operational requirement for autonomous mobility providers expanding across jurisdictions with different insurance regulations and liability frameworks. The partners have not disclosed the program's financial terms or detailed policy limits.

The Mirror Democrat and Savanna Times-Journal
Oct 28th, 2026
WeRide unveils global insurance partnership program to scale autonomous vehicles worldwide.

WeRide unveils global insurance partnership program to scale autonomous vehicles worldwide. * 6 hrs ago * WeRide establishes a global insurance partnership program, with Allianz Insurance Singapore and Ping An P&C Insurance as inaugural partners * The program will support the responsible deployment of tens of thousands of WeRide autonomous vehicles worldwide * Partners will jointly develop tailored coverage for driverless operations and streamline insurance protocols as deployments scale. * This program further expands WeRide's global partnership ecosystem across OEMs, mobility platforms, fleet operators, infrastructure and insurance providers. GUANGZHOU, China, Oct. 27, 2026 (GLOBE NEWSWIRE) - WeRide (NASDAQ: WRD, HKEX: 0800), a global leader in autonomous driving technology, today announced the launch of its global insurance partnership program to support the expansion of autonomous driving services worldwide, spanning existing deployments in China, Southeast Asia and the Middle East, as well as upcoming launches in broader Europe. WeRide has established its global insurance partnership program with Allianz Insurance Singapore Pte. Ltd. ("Allianz") and Ping An Property & Casualty Insurance Company of China, Ltd. ("Ping An P&C Insurance") as inaugural partners. The program brings together leading insurance expertise across international and Chinese markets with WeRide's advanced autonomous driving technology and operational experience. A critical foundation for real-world autonomous vehicle deployment, the global insurance program is designed to support WeRide's global expansion across diverse regulatory and operating environments. Under this strategic initiative, WeRide and its partners will co-develop tailored insurance solutions covering the full lifecycle of L4 vehicle operations, including motor liability, commercial general and product liability, and privacy and cybersecurity risks, in accordance with local requirements. Over time, long-term partnerships, centralized insurance programs and greater fleet scale are expected to improve insurance efficiency and support stronger unit economics. Real-world operations and insurance risk-management practices demonstrate the strong safety performance of WeRide's Robotaxis. Its technological strengths in risk detection, driving decisions and safety control continue to advance, offering a promising approach to addressing the uncertainties of human driving and improving road safety. WeRide's Robotaxi GXR in Abu Dhabi, insured by Ping An P&C's locally compliant insurance solutions Beyond providing risk protection, insurance plays an important role in enabling autonomous driving to scale safely and commercially. WeRide's operational experience and track record across diverse markets provide a strong foundation for collaboration with insurance partners as the company expands its driverless services. Allianz Insurance Singapore is the third-largest motor insurer in Singapore by gross written premiums as of Q2 2026 and a major insurance partner for WeRide's autonomous vehicle operations in Singapore. Allianz was the first insurer in Singapore to insure a fully driverless autonomous vehicle through WeRide's Robobus service at Sentosa. Allianz subsequently expanded coverage to WeRide Robotaxis deployed with Grab as part of the Ai.R autonomous shuttle service in Punggol. As of October 2026, the Ai.R autonomous shuttle service had served more than 13,000 unique riders and accumulated over 135,000 kilometers of autonomous mileage. WeRide and Ping An P&C Insurance, one of the largest property and casualty insurance companies in China, have developed locally compliant insurance solutions supporting Robotaxi operations in China and the Middle East. These include four of WeRide's flagship driverless commercial markets globally, including Beijing, Guangzhou, Abu Dhabi, and Dubai, where WeRide has achieved scaled driverless operations. The partnership supports WeRide's Robotaxi deployments in China and the Middle East, including services provided through WeRide Go and third-party mobility platforms such as Uber and TXAI. Jennifer Li, CFO and Head of International at WeRide, said: "Our partnerships with leading insurers reflect the strength of WeRide's technology. Insurance is a critical part of the infrastructure needed to bring autonomous driving to scale globally, and this program strengthens that foundation as we expand into more markets." Ong Bi Ying, Chief Executive Officer at Allianz Insurance Singapore, said: "As the first insurer in Singapore to cover a fully driverless autonomous vehicle, Allianz has been at the forefront of understanding and managing the unique risks that come with this transformative technology. Our partnership with WeRide reflects our commitment to enabling innovation responsibly. By co-developing insurance solutions tailored to autonomous vehicle operations, we are helping to build the trust and safety infrastructure that Singapore's smart mobility future demands. We look forward to deepening this collaboration as autonomous driving scales across the region." Hequn Shi, Deputy Secretary of the Party Committee of Ping An P&C Insurance, stated: "As China's autonomous driving industry goes global, there is an urgent need for matching globalized insurance coverage. This collaboration represents an important practice for Ping An P&C Insurance to support the outbound expansion of China's autonomous driving industry through its 'technology + insurance' services. We aim to leverage insurance's role in risk identification, loss compensation, and risk mitigation, helping China's autonomous driving technology achieve safe and steady commercial operations in global markets." WeRide currently operates one of the world's largest autonomous driving fleets, with approximately 3,600 autonomous vehicles globally, including more than 1,800 Robotaxis, across 13 countries and over 60 cities. Looking ahead, WeRide plans to expand the program to more markets and insurance partners, while exploring tailored approaches to insurance protocols, pricing and coverage models for autonomous vehicles. 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 deployed in over 60 cities across 13 countries. Mycarrollcountynews is also the first and only technology company whose products have received autonomous driving permits in nine markets: China, the UAE, Singapore, France, Switzerland, Saudi Arabia, Belgium, Spain, 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 Change the World lists in 2023, 2025, and 2026, and to the Fortune Future 50 list in 2025. About Ping An P&C Insurance Ping An P&C Insurance was founded in 1988 in Shekou, Shenzhen, and has 44 branches and over 3,000 service outlets nationwide, making it the second largest property and casualty insurance company in China by gross written premiums. To date, Ping An P&C Insurance has developed over 1,000 main insurance products, covering auto insurance, accident and health insurance, liability insurance, agricultural insurance, and cargo insurance. In 2025, Ping An P&C recorded total claim payouts exceeding RMB200 billion, providing comprehensive insurance protection services to over 100 million individual and group customers, and has received the industry's highest rating for consumer rights protection. About Allianz Insurance Singapore At Allianz Insurance Singapore, Mycarrollcountynews aim to secure the future and create a positive impact on society and the environment by leveraging its expertise in risk management. As Mycarrollcountynews work toward strengthening its position as one of Singapore's leading risk solutions providers, Mycarrollcountynews deliver innovative and customer-focused protection solutions for individuals, SMEs, and mid-corporate clients - spanning Motor, Home Content, Travel, Personal Accident, Cancer, Hospital Income, and a comprehensive suite of commercial insurance offerings. Media Contacts 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.

Hagman Media Group
Oct 27th, 2026
WeRide launches global insurance program with Allianz, Ping An.

WeRide launches global insurance program with Allianz, Ping An. WeRide has launched a global insurance program with Allianz Insurance Singapore and Ping An P&C as first partners, co-developing coverage for its L4 robotaxi and robobus operations. WeRide has launched a global insurance program for its autonomous vehicle operations, naming Allianz Insurance Singapore and Ping An Property & Casualty Insurance Company of China as inaugural partners, the company announced Oct. 27. The insurers will co-develop coverage for the full lifecycle of WeRide's L4 vehicle operations as the company expands across China, Southeast Asia, the Middle East and Europe. WeRide global insurance program at a glance. * Parties: WeRide; Allianz Insurance Singapore Pte. Ltd.; Ping An Property & Casualty Insurance Company of China, Ltd. * Structure: global insurance partnership program; partners co-develop tailored coverage for driverless operations and streamline insurance protocols as deployments scale * Coverage: motor liability, commercial general and product liability, and privacy and cybersecurity risks, in line with local requirements * Markets: existing deployments in China, Southeast Asia and the Middle East; upcoming launches in Europe * Fleet: about 3,600 autonomous vehicles, including more than 1,800 robotaxis, in 13 countries and more than 60 cities Why it matters: Self Drive News reported in September that Waymo tapped Allianz Partners for European insurance, and earlier covered the launch of WeRide and Grab's Ai.R service in Singapore, which Allianz now insures. WeRide says the program will support the deployment of tens of thousands of its autonomous vehicles worldwide. Over time, the company expects long-term partnerships, centralized insurance programs and larger fleets to improve insurance efficiency and support stronger unit economics. Allianz, which WeRide describes as Singapore's third-largest motor insurer by gross written premiums as of the second quarter of 2026, was the first insurer in Singapore to cover a fully driverless autonomous vehicle, through WeRide's Robobus service at Sentosa. It later extended coverage to WeRide robotaxis operating with Grab on the Ai.R autonomous shuttle service in Punggol, which had served more than 13,000 unique riders and logged more than 83,800 miles (135,000 km) of autonomous driving as of October 2026. Ping An P&C Insurance has developed locally compliant coverage for WeRide's robotaxi operations in China and the Middle East, including Beijing, Guangzhou, Abu Dhabi and Dubai, where WeRide runs scaled driverless operations. The coverage extends to services offered through WeRide Go and third-party platforms such as Uber and TXAI. "Insurance is a critical part of the infrastructure needed to bring autonomous driving to scale globally," Jennifer Li, CFO and head of international at WeRide, said in the announcement. "As China's autonomous driving industry goes global, there is an urgent need for matching globalized insurance coverage," Hequn Shi, deputy secretary of the Party Committee of Ping An P&C Insurance, said in the announcement. WeRide plans to bring more markets and insurance partners into the program and to explore tailored insurance protocols, pricing and coverage models for autonomous vehicles. How this story was produced: drafted with AI assistance from company announcements and public sources, then reviewed, edited and approved by publisher Brian Hagman. Its editorial standards Self Drive News staff. Self Drive News is an independent trade publication covering vehicle autonomy. Published by Hagman Media and edited by founder Brian Hagman, it covers autonomous vehicles, robotaxis, ADAS, self-driving software and hardware, and L4 commercial deployments for an audience of AV engineers, software safety professionals, and mobility investors.

WeRide
Oct 27th, 2026
WeRide Unveils Global Insurance Partnership Program to Scale Autonomous Vehicles Worldwide

WeRide unveils global insurance partnership program to scale autonomous vehicles worldwide. * WeRide establishes a global insurance partnership program, with Allianz Insurance Singapore and Ping An P&C Insurance as inaugural partners * The program will support the responsible deployment of tens of thousands of WeRide autonomous vehicles worldwide * Partners will jointly develop tailored coverage for driverless operations and streamline insurance protocols as deployments scale. * This program further expands WeRide's global partnership ecosystem across OEMs, mobility platforms, fleet operators, infrastructure and insurance providers. GUANGZHOU, China, October 27, 2026 - WeRide (NASDAQ: WRD, HKEX: 0800), a global leader in autonomous driving technology, today announced the launch of its global insurance partnership program to support the expansion of autonomous driving services worldwide, spanning existing deployments in China, Southeast Asia and the Middle East, as well as upcoming launches in broader Europe. WeRide has established its global insurance partnership program with Allianz Insurance Singapore Pte. Ltd. ("Allianz") and Ping An Property & Casualty Insurance Company of China, Ltd. ("Ping An P&C Insurance") as inaugural partners. The program brings together leading insurance expertise across international and Chinese markets with WeRide's advanced autonomous driving technology and operational experience. A critical foundation for real-world autonomous vehicle deployment, the global insurance program is designed to support WeRide's global expansion across diverse regulatory and operating environments. Under this strategic initiative, WeRide and its partners will co-develop tailored insurance solutions covering the full lifecycle of L4 vehicle operations, including motor liability, commercial general and product liability, and privacy and cybersecurity risks, in accordance with local requirements. Over time, long-term partnerships, centralized insurance programs and greater fleet scale are expected to improve insurance efficiency and support stronger unit economics. Real-world operations and insurance risk-management practices demonstrate the strong safety performance of WeRide's Robotaxis. Its technological strengths in risk detection, driving decisions and safety control continue to advance, offering a promising approach to addressing the uncertainties of human driving and improving road safety. WeRide's Robotaxi GXR in Abu Dhabi, insured by Ping An P&C's locally compliant insurance solutions Beyond providing risk protection, insurance plays an important role in enabling autonomous driving to scale safely and commercially. WeRide's operational experience and track record across diverse markets provide a strong foundation for collaboration with insurance partners as the company expands its driverless services. Allianz Insurance Singapore is the third-largest motor insurer in Singapore by gross written premiums as of Q2 2026 and a major insurance partner for WeRide's autonomous vehicle operations in Singapore. Allianz was the first insurer in Singapore to insure a fully driverless autonomous vehicle through WeRide's Robobus service at Sentosa. Allianz subsequently expanded coverage to WeRide Robotaxis deployed with Grab as part of the Ai.R autonomous shuttle service in Punggol. As of October 2026, the Ai.R autonomous shuttle service had served more than 13,000 unique riders and accumulated over 135,000 kilometers of autonomous mileage. WeRide and Ping An P&C Insurance, one of the largest property and casualty insurance companies in China, have developed locally compliant insurance solutions supporting Robotaxi operations in China and the Middle East. These include four of WeRide's flagship driverless commercial markets globally, including Beijing, Guangzhou, Abu Dhabi, and Dubai, where WeRide has achieved scaled driverless operations. The partnership supports WeRide's Robotaxi deployments in China and the Middle East, including services provided through WeRide Go and third-party mobility platforms such as Uber and TXAI. Jennifer Li, CFO and Head of International at WeRide, said: "Our partnerships with leading insurers reflect the strength of WeRide's technology. Insurance is a critical part of the infrastructure needed to bring autonomous driving to scale globally, and this program strengthens that foundation as we expand into more markets." Ong Bi Ying, Chief Executive Officer at Allianz Insurance Singapore, said: "As the first insurer in Singapore to cover a fully driverless autonomous vehicle, Allianz has been at the forefront of understanding and managing the unique risks that come with this transformative technology. Our partnership with WeRide reflects our commitment to enabling innovation responsibly. By co-developing insurance solutions tailored to autonomous vehicle operations, we are helping to build the trust and safety infrastructure that Singapore's smart mobility future demands. We look forward to deepening this collaboration as autonomous driving scales across the region." Hequn Shi, Deputy Secretary of the Party Committee of Ping An P&C Insurance, stated: "As China's autonomous driving industry goes global, there is an urgent need for matching globalized insurance coverage. This collaboration represents an important practice for Ping An P&C Insurance to support the outbound expansion of China's autonomous driving industry through its 'technology + insurance' services. We aim to leverage insurance's role in risk identification, loss compensation, and risk mitigation, helping China's autonomous driving technology achieve safe and steady commercial operations in global markets." WeRide currently operates one of the world's largest autonomous driving fleets, with approximately 3,600 autonomous vehicles globally, including more than 1,800 Robotaxis, across 13 countries and over 60 cities. Looking ahead, WeRide plans to expand the program to more markets and insurance partners, while exploring tailored approaches to insurance protocols, pricing and coverage models for autonomous vehicles. 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 deployed in over 60 cities across 13 countries. WeRide Inc. is also the first and only technology company whose products have received autonomous driving permits in nine markets: China, the UAE, Singapore, France, Switzerland, Saudi Arabia, Belgium, Spain, 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 Change the World lists in 2023, 2025, and 2026, and to the Fortune Future 50 list in 2025. About Ping An P&C Insurance Ping An P&C Insurance was founded in 1988 in Shekou, Shenzhen, and has 44 branches and over 3,000 service outlets nationwide, making it the second largest property and casualty insurance company in China by gross written premiums. To date, Ping An P&C Insurance has developed over 1,000 main insurance products, covering auto insurance, accident and health insurance, liability insurance, agricultural insurance, and cargo insurance. In 2025, Ping An P&C recorded total claim payouts exceeding RMB200 billion, providing comprehensive insurance protection services to over 100 million individual and group customers, and has received the industry's highest rating for consumer rights protection. About Allianz Insurance Singapore At Allianz Insurance Singapore, WeRide Inc. aim to secure the future and create a positive impact on society and the environment by leveraging its expertise in risk management. As WeRide Inc. work toward strengthening its position as one of Singapore's leading risk solutions providers, WeRide Inc. deliver innovative and customer-focused protection solutions for individuals, SMEs, and mid-corporate clients - spanning Motor, Home Content, Travel, Personal Accident, Cancer, Hospital Income, and a comprehensive suite of commercial insurance offerings. Media Contacts WeRide: [email protected] 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.

India Shorts
Oct 23rd, 2026
From Physical AI to Scaled Deployment: WeRide named among WICV 2026's Top 10 Automotive AI Application Cases.

From Physical AI to Scaled Deployment: WeRide named among WICV 2026's Top 10 Automotive AI Application Cases. By GlobeNewswire - Published on October 23, 2026 at 4:50 PM IST * WeRide was named among WICV 2026's "Top 10 Automotive AI Application Cases of 2026" for its Physical AI flywheel powered by GENESIS and WITT. * Founder and CEO Dr. Tony Han shared WeRide's approach to applying L4 autonomous driving technology to L2 advanced driver-assistance systems, emphasizing intelligence density and safety. * WeRide continues to expand real-world deployment across L2 to L4, with operations in more than 60 cities across 13 countries and an L4 fleet of approximately 3,600 vehicles. BEIJING, Oct. 23, 2026 (GLOBE NEWSWIRE) - WeRide (NASDAQ: WRD, HKEX: 0800), a global leader in autonomous driving technology, has been named among the "Top 10 Automotive AI Application Cases of 2026" at the 2026 World Intelligent Connected Vehicles Conference (WICV). The recognition highlights WeRide's innovative Physical AI flywheel powered by WeRide GENESIS and WeRide WITT, demonstrating how the company is translating cutting-edge AI technologies into large-scale commercial applications. WeRide's Physical AI flywheel recognised among the "Top 10 Automotive AI Application Cases of 2026". The selected case of WeRide's Physical AI flywheel, highlights the practical application of the collaborative application of cutting-edge AI technologies in autonomous driving development. At its core, the flywheel brings together WeRide GENESIS, WeRide's proprietary general-purpose simulation model, and WeRide WITT, WeRide's Physical AI Cognitive Foundation Model. WeRide WITT extracts and validates physical facts from real-world road data, while WeRide GENESIS uses these insights to generate high-fidelity simulation scenarios that adhere to real-world physical laws, strengthening training in complex driving scenarios and long-tail situations. Together, the two models empower vehicle-side models, improve development efficiency and adaptability to complex scenarios, and support the deployment of autonomous driving technology across cities and vehicle platforms. Focusing on the path to scaled production of autonomous driving, Dr. Tony Han, Founder and CEO of WeRide, delivered a keynote titled "The Critical Leap Toward Scaled Deployment of Autonomous Driving" at the conference's Key Technology Forum, sharing WeRide's experience in applying L4 expertise to L2 advanced driver-assistance systems (ADAS). Dr. Han highlighted "intelligence density" as a key metric for evaluating ADAS solutions: how much intelligence each TOPS of computing power can deliver. The goal is to achieve a higher level of intelligent driving with limited computing resources. He also emphasized that investing in safety is essential to earning user trust and building long-term brand value. As the technology advances and its applications expand, safety must remain a priority at every stage, protecting not only passengers inside the vehicle but also every road user outside it. WICV 2026 was held in Yizhuang, Beijing, from October 21 to 23, and was co-hosted by China's Ministry of Industry and Information Technology, Ministry of Transport, and the People's Government of Beijing Municipality. This year's conference was themed "Pooling Wisdom, Boundless Connectivity: Advancing Steadily Towards a New Era of Automated Driving". The conference has been held annually since 2018 and serves as a major industry event for intelligent connected vehicles, as well as an important platform for policy development and international cooperation. WeRide's autonomous driving technologies were also showcased in real-world applications during the conference. During WICV 2026, WeRide deployed more than a dozen Robotaxis and Robobuses, providing autonomous ride experiences and shuttle services for attendees. The nearly 7-kilometer Robotaxi experience route started and ended at the main venue, while Robobuses provided shuttle services connecting conference venues and visitor destinations, including Yonghui Building, BAIC BluePark, Rocket Street, and Robot World. Today, WeRide has commercialized its full-stack autonomous driving technologies spanning L2 to L4, with operations spanning more than 60 cities across 13 countries worldwide. Its L4 autonomous driving fleet comprises approximately 3,600 vehicles, supported by extensive operating experience across different cities and real-world use cases. WeRide's autonomous passenger vehicles are already operating publicly in major global cities, including Guangzhou, Beijing, Abu Dhabi, Dubai, Singapore, Riyadh, and Zurich. Through global mobility platforms such as Uber and Grab, as well as local partners including SBB, ioki and TXAI, WeRide is integrating autonomous driving into more urban transportation networks and will soon launch services in additional markets including Spain and Denmark. WeRide's L4 autonomous driving technology is also empowering mass-produced passenger vehicles through shared technology architecture. WRD 3.0, WeRide's one-stage end-to-end L2++ ADAS solution, has been deployed on models including the Chery Exeed Sterra, GAC AION N60, AION i60, and GAC Trumpchi Y7. To date, WRD 3.0 has secured production design wins across more than 30 vehicle models, bringing advanced driving technologies to a broader consumer base. As the intelligent connected vehicle industry enters a new phase of development, WeRide will continue to advance Physical AI innovation and promote technological synergies across L2 to L4. Working with global industry partners, WeRide will expand the real-world application of its technologies at scale, translating technological progress into safer and more reliable mobility experiences. 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 deployed in over 60 cities across 13 countries. India Shorts is also the first and only technology company whose products have received autonomous driving permits in nine markets: China, the UAE, Singapore, France, Switzerland, Saudi Arabia, Belgium, Spain, 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 Change the World lists in 2023, 2025, and 2026, and to the Fortune Future 50 list in 2025. Media Contact [email protected] 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. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/dd7a36dc-21e5-4ca6-a522-9e2ab4a4a2f3 Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. India Shorts takes no editorial responsibility for the same.

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