WeRide Inc. Announces Unaudited Financial Results for the Fourth Quarter and Full Year Ended December 31, 2024
Guangzhou, China – [Date] – WeRide Inc. (“WeRide” or the “Company”), a global leader in autonomous driving technology, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2024.
Recent Highlights
WeRide continues to strengthen its global market presence through strategic entries and targeted expansions across Europe, the Middle East, and Asia. These initiatives are driven by the Company’s ongoing technological advancements and operational expertise, both of which are critical to its leadership in autonomous driving.
In 2024, WeRide achieved record-high robotaxi revenue and the strongest global revenue performance since its founding.
WeRide Advances Technology with End-to-End Models in ADAS and Level-4 Systems
In 2024, WeRide began deploying end-to-end models across both its Level-4 driverless and ADAS systems.
The Company’s end-to-end architecture utilizes a large visual-language model (VLM) embedded with fundamental world knowledge and further trained on nearly one million hours of carefully curated, high-quality driving data from human drivers and simulated environments.
This approach ensures that the trained model not only possesses broad world understanding but also deep driving insights. WeRide’s training data continues to expand, covering more long-tail scenarios through both real-world and simulated data.
As a result, WeRide’s autonomous driving systems can perform at a level comparable to skilled professional drivers in complex urban environments, delivering human-like judgment and exceptionally smooth driving experiences.
In WeRide’s Level-4 driverless products—such as robotaxi and robobus—the end-to-end model is combined with deterministic, safety-critical frameworks to provide smooth, human-like driving while maintaining the high safety standards required for driverless operations. These capabilities are featured in the Company’s latest GXR robotaxi, now operating in multiple countries and cities.
WeRide Expands Global Footprint with Strategic Launches Across Europe, the Middle East, and Asia
Robotaxi
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Expanding Commercial Robotaxi Services in Abu Dhabi, United Arab Emirates
In March 2025, with support from the Abu Dhabi Integrated Transport Centre, WeRide announced plans to further expand its collaboration with Uber in Abu Dhabi. The Company expects to grow its fleet to 50 robotaxis by mid-2025 on the Uber platform—marking a key milestone in fleet expansion in the Middle East. This follows the initial announcement in December 2024, when WeRide and Uber launched their joint ride-hailing service in Abu Dhabi, covering major areas including Saadiyat Island, Yas Island, and routes to and from Zayed International Airport. Plans are underway to further expand the operating zone. -
Launch of Commercial Robotaxi Service in Beijing’s Core Urban Area
In March 2025, WeRide officially received a license to operate commercial robotaxi ride-hailing services between the Beijing Economic-Technological Development Area (BDA) and Beijing South Railway Station—marking the first commercial robotaxi operation covering Beijing’s core urban area. -
Fully Unmanned Commercial Operations of the GXR Model in Beijing
In February 2025, WeRide received authorization to launch fully unmanned paid ride-hailing services using its latest-generation GXR robotaxi in Beijing. This marks WeRide’s second robotaxi model to achieve fully driverless commercial operations in the city and the GXR’s first large-scale commercial deployment in China. -
Strategic Robotaxi Pilot in Switzerland
In January 2025, WeRide was selected as the technology provider for the first autonomous robotaxi project funded by the Canton of Zurich, the Swiss Federal Railways (SBB), and managed by the Swiss Transport Lab (STL). This selection reflects the international recognition of WeRide’s leading Level-4 autonomous technology and proven operational capabilities. -
Highway and Driverless Testing Permits for GXR in Guangzhou
In December 2024, just two months after launching its latest GXR robotaxi, WeRide obtained additional permits for passenger transport, highway testing, and remote driverless operations in Guangzhou, China. This milestone highlights WeRide’s regulatory leadership and represents a significant step toward fully driverless commercial operations on the GXR platform.
Robobus
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First Autonomous Robobus Trial in Spain
In March 2025, WeRide and Renault launched their first autonomous robobus trial in Spain. Operating from March 10 to March 14 in central Barcelona, the free service demonstrated the maturity and potential of autonomous public transport technologies. -
Europe’s First Fully Driverless Commercial Robobus Deployment
In February 2025, WeRide, in partnership with Beti, Renault Group, and Macif, introduced Europe’s first fully driverless Level-4 robobus in France’s Drôme region. The open-road route connects the train station, long-term parking, business park dining area, and approximately 150 companies employing around 3,000 people across a 162-hectare area. -
Deployment of Robobus Service at Zurich Airport
In January 2025, WeRide deployed an autonomous robobus shuttle at Zurich Airport—one of the first autonomous bus projects at a European airport. The service transports airport employees along a designated route connecting staff access points. -
Launch of BRT Robobus Line in Guangzhou, China
In December 2024, WeRide inaugurated commercial operations of the Tianhe BRT Robobus Shuttle Line in Guangzhou. This service marks the first autonomous shuttle to operate on the city’s BRT system at night, providing safe and convenient mobility for late-night commuters in a Tier-1 Chinese city.
Robovan
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Launch of Robovan W5
In February 2025, WeRide unveiled the Robovan W5, a Level-4 autonomous logistics vehicle designed for open urban roads. Built on WeRide’s 40 million kilometers of autonomous driving experience, the vehicle offers the largest cargo capacity in its class—5.5 cubic meters—with a 1,000 kg payload and a driving range of up to 220 kilometers. -
Advancing Autonomous Logistics in Singapore
In February 2025, WeRide signed an MoU with the Singapore Logistics Association (SLA) to advance autonomous vehicle technology for Singapore’s logistics industry. This collaboration, featuring the newly launched Robovan W5, aims to strengthen Singapore’s position as a global logistics hub and promote sustainable, efficient transportation solutions.
Robosweeper
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Urban Sanitation Partnership with Chye Thiam Maintenance (CTM)
In February 2025, WeRide signed an MoU with Chye Thiam Maintenance Pte Ltd in Singapore. The partnership combines WeRide’s Level-4 robosweeper technology with CTM’s extensive urban maintenance expertise to create smarter, cleaner, and more sustainable cities across Southeast Asia and beyond. -
Expanding Urban Sanitation Operations Across China
Since the fourth quarter of 2024, WeRide has launched or secured contracts to operate robosweeper fleets in several new cities across China, including Shenzhen, Tianjin, and Erdos, among others.
WeRide Continues to Earn Global Recognition for Innovation and Industry Leadership
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Enhancing Global Cybersecurity Standards
In January 2025, WeRide obtained ISO/IEC 27001:2022 certification, reinforcing its commitment to robust information security and alignment with global standards for data management, providing a strong foundation for global expansion and cross-industry collaboration. -
Named to the Fortune Future 50 List
In December 2024, WeRide was recognized on the 2024 Fortune Future 50 List as the highest-ranked autonomous driving company. This distinction highlights the Company’s position as a global leader in the autonomous driving industry. The honor followed WeRide’s successful Initial Public Offering and Nasdaq listing in October 2024, making it the world’s first publicly listed robotaxi company.
Management Commentary
Tony Han, WeRide’s Founder, Chairman, and CEO, stated:
“WeRide continues to drive the future of autonomous mobility worldwide. Our success is built on our unwavering commitment to innovation and safety, which has enabled us to expand our presence in new markets while strengthening operations in existing ones.
Globally, we extended our footprint across Europe, the Middle East, and Asia, partnering with key stakeholders and regulators to tailor solutions for each market.
We made significant progress in our global robotaxi deployment in 2024, including launching the largest robotaxi fleet outside the U.S. and China. This milestone validates our efforts and demonstrates our strong momentum heading into 2025.
In China, we achieved major advances with fully unmanned commercial operations of our latest GXR robotaxi in Beijing and multiple rollouts of robobus and robosweeper services across several domestic cities.
As the first publicly listed robotaxi company, we remain dedicated to pushing the boundaries of autonomous innovation and delivering safer, smarter, and more sustainable transportation solutions worldwide.”
Jennifer Li, WeRide’s Chief Financial Officer, added:
“Despite a challenging macroeconomic environment, we adopted a comprehensive strategy in 2024 to enhance revenue and customer structure through internationalization, competitive pricing, and strategic partnerships.
This approach yielded strong results, including record-high robotaxi revenue and the highest year-over-year global revenue growth since the Company’s inception.
As we expand into new markets and scale our autonomous fleet, we continue to innovate, optimize operations, and improve efficiency.
By collaborating with local partners and stakeholders, we are implementing a cost-effective, agile go-to-market model that allows us to adapt quickly to diverse market landscapes.
Leveraging strategic partnerships and real-world insights, we are building a scalable mobility ecosystem centered on innovation, reliability, and sustainable growth.”