WeRide Launches Fully Driverless Service in Singapore

WeRide, a Chinese self-driving car startup, has launched a fully driverless service in Singapore, marking its entry into the Southeast Asian market. The company, backed by investors including Alibaba Group and Renault, has partnered with Uber and Dubai's transport authority to roll out autonomous vehicle pilot operations. WeRide is also pursuing a confidential IPO in Hong Kong and has secured permits to test autonomous logistics vehicles in Guangzhou.

WeRide Inc. (Nasdaq: WRD), a leading global player in autonomous driving technology, has recently made significant strides in expanding its operations. The company, known for its innovative WeRide One platform, has launched a fully driverless service in Singapore, marking its entry into the Southeast Asian market [1]. This move comes on the heels of the company securing permits to test autonomous logistics vehicles in Guangzhou and partnering with Uber and Dubai's transport authority for autonomous vehicle pilot operations.

WeRide's strategic partnerships and technological advancements are part of its broader strategy to address transportation needs in various industries, including mobility, logistics, and sanitation. The company's autonomous vehicles have been tested or operated in over 30 cities across 10 countries, with permits received in five markets, including China, the UAE, Singapore, France, and the US.

In addition to its operational expansions, WeRide is also preparing for its second quarter 2025 financial results. The company has announced that it will release these results before the U.S. market opens on July 31, 2025, with an earnings conference call scheduled at 8:00 AM U.S. Eastern Time. Details for the conference call, including a registration link, are available on the company's investor relations website [2].

Furthermore, WeRide is pursuing a confidential IPO in Hong Kong, following the trend of increased listings in the region. MiniMax, a Shanghai-based AI startup backed by Alibaba and Tencent, has also filed for an IPO in Hong Kong, valued at around $4 billion, signaling a growing confidence in the Chinese AI sector [3].

WeRide's strategic partnerships with major investors such as Alibaba Group and Renault, along with its innovative technology, position it as a key player in the autonomous driving industry. The company's focus on providing autonomous driving products and services from L2 to L4 aligns with the broader trend of AI innovation and technological advancements.

References:
[1] https://www.marketscreener.com/quote/stock/WERIDE-INC-174255856/news/WeRide-to-Announce-Second-Quarter-2025-Financial-Results-on-July-31-2025-50522711/
[2] https://www.ainvest.com/news/alibaba-backed-minimax-files-hong-kong-ipo-valuing-chinese-ai-startup-4-billion-2507/
[3] https://www.marketscreener.com/quote/stock/WERIDE-INC-174255856/news/WeRide-to-Announce-Second-Quarter-2025-Financial-Results-on-July-31-2025-50522711/