WeRide Unveils Next-Generation Robotaxi Platform and Expands Global Presence

WeRide Unveils Next-Generation Robotaxi Platform

WeRide Inc., the world's first publicly traded Robotaxi company, has introduced GXR, a cutting-edge next-generation Robotaxi platform. This innovative system leverages over 1,800 days of public operation experience and integrates WeRide's proprietary L4 autonomous driving systems 1

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The new HPC 2.0 high-performance computing platform delivers over 1,300 TOPS of AI computing power, efficiently meeting the vehicle's demanding computational needs. The Sensor Suite 5.0 is designed with an aerodynamic, compact form and includes over 20 sensors, ensuring 360° blind-spot-free perception and 200-meter front detection, even in challenging conditions such as high-speed maneuvers and low-light environments 1

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Global Expansion and Strategic Partnerships

WeRide has made significant strides in expanding its global presence through key partnerships and milestones:

1. Partnership with Uber: In September 2024, WeRide announced a strategic partnership with Uber Technologies, Inc. to integrate WeRide's Robotaxis onto the Uber platform. Uber further solidified this partnership by investing in WeRide's Initial Public Offering (IPO) in October 2024. By December 2024, WeRide will begin deploying a fleet of Robotaxis on the Uber app in the United Arab Emirates 1

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2. European Expansion: WeRide signed a Memorandum of Understanding (MoU) with Beti, a leading automated mobility operator in France, in November 2024. This partnership aims to launch Robobus services in France as early as January 2025, marking a significant step in expanding WeRide's autonomous mobility solutions in Europe 1

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3. Singapore Operations: In November 2024, WeRide advanced its operations in Singapore by acquiring the Milestone Testing and Assessment License for its Robosweeper S6 and S1 from the Singapore Land Transport Authority (LTA). The company is expected to commercialize Robosweeper operations in collaboration with Chye Thiam Maintenance (CTM), a prominent sanitation company in Singapore 1

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Commercialization Milestones in China

WeRide has achieved several new commercialization milestones in China:

1. ADAS Solutions: In November 2024, EXEED, Chery Auto's high-end brand, unveiled the Falcon intelligent driving system, jointly empowered by WeRide and Bosch. WeRide provides a comprehensive end-to-end solution that enables vehicles to navigate complex urban environments without relying on HD maps 1

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2. Fare-charging Robobus Services: WeRide secured approval for a fare-charging Robobus service in Hengqin, Guangdong Province, in September 2024, following its first-ever approval for such a service in Guangzhou in December 2023 1

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3. Autonomous Sanitation Projects: WeRide launched L4 autonomous sanitation projects in Shantou and Dongguan, marking significant advancements in the application of autonomous technology in urban services 1

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Management Commentary

Tony Han, WeRide's Founder, Chairman, and CEO, emphasized the company's commitment to advancing global adoption of autonomous driving products. He highlighted the launch of the GXR Robotaxi platform as a reflection of WeRide's dedication to safety, customer satisfaction, and commercial viability 1

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Jennifer Li, WeRide's CFO, noted that the successful Nasdaq IPO reinforced the company's vision and progress. She expressed confidence in establishing a greater customer base through further commercialization of their technologically leading products and services, aiming to stabilize revenue and cost structures while optimizing operational efficiency 1

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