WeRide's European Breakthrough: First Fully Driverless Robobus Deployment

In a significant milestone for autonomous driving technology, WeRide (Nasdaq: WRD) has successfully deployed its first fully driverless commercial Robobus service in France. Partnering with beti, Renault Group, and Macif, WeRide's L4-level autonomous technology is now providing passenger transport services on open roads in mixed traffic in the Drôme region. This deployment marks a crucial step in WeRide's global expansion strategy and demonstrates the company's commitment to promoting low-carbon, green, and efficient mobility solutions.

The 3.3 km route connects the train station, off-site long-term parking, the business park's catering hub, and 150 companies employing 3,000 people. The service, operated by beti Automated Mobility, will initially run in a learning phase from March 10 to April 19, operating Monday to Friday under real passenger transport conditions. Following this phase, a second target operating phase will commence in July.



WeRide's first fully driverless commercial Robobus deployment in Europe showcases the company's global expansion and validates its technology's transferability across markets. The partnership with beti, Renault Group, and Macif provides WeRide with established local operators, enabling a smoother entry into the European market. This deployment also represents a significant expansion of WeRide's autonomous driving commercialization strategy beyond Asian and Middle Eastern markets.

The strategic benefits for each partner are substantial. WeRide gains access to established local operators, demonstrating technology transferability, and generating revenue. beti gains access to WeRide's cutting-edge L4 autonomous technology, enhancing its reputation and credibility in the market. Renault Group gains autonomous mobility expertise and market expansion opportunities. Macif, as an insurance company, can provide coverage for the autonomous mobility service, creating a new revenue stream and demonstrating its commitment to supporting innovative transportation solutions.



In conclusion, WeRide's European deployment represents a significant step forward in the company's global expansion strategy. By partnering with established local operators and demonstrating the transferability of its technology, WeRide is well-positioned to capture a significant share of the European market for autonomous mobility solutions. As the service begins operating in July, WeRide will start generating revenue from passenger fares, contributing to its long-term revenue growth strategy. The successful deployment of WeRide's L4 autonomous technology in a new regulatory environment and transportation ecosystem validates the company's technology's transferability across markets and enhances its reputation and attractiveness to potential customers and investors.