WeRide's Trading Volume Surges 162.52% to 4.34 Billion, Ranks 219th in Daily Market

On May 27, 2025, WeRide's trading volume reached 4.34 billion, marking a significant 162.52% increase from the previous day. This surge placed WeRide at the 219th position in the daily stock market rankings.

WeRide has announced its expansion into Saudi Arabia, launching testing and deployment of its Robotaxis and other core autonomous driving products in cities like Riyadh and AlUla. This move aligns with Saudi Arabia's Vision 2030, which aims to build smart, sustainable cities by enhancing road safety, improving traffic management, and introducing innovative, technology-driven mobility solutions.

The company has commenced ground preparation work with support from the Transport General Authority ahead of its upcoming Robotaxi trial operations. The service is set to launch on Uber Technologies' platform in the coming months, with full commercial operations expected by late 2025.

WeRide has also tested and deployed its Robobus in several key areas across Saudi Arabia, including King Fahad Medical City, Aramco residential communities, and the Ritz-Carlton, Riyadh. The Level-4 autonomous vehicle can address last-mile transportation gaps and complement transit networks like Riyadh Metro.

In the first quarter of 2025, WeRide recorded $10 million in total revenue, representing a 1.8% increase. The company's robotaxi business reached $2.2 million, 22.3% of total revenue, up from 11.9% in the year-ago period. WeRide exited the first quarter with cash and equivalents worth $610.3 million.

WeRide's expansion into Saudi Arabia is a strategic move that leverages partnerships, notably with Uber and Tencent, to drive global robotaxi expansion. This initiative is expected to enhance the company's commercial traction and support its growth in international territories.