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 enhance its global market presence through thoughtful market entries and strategic expansions in Europe, the Middle East and Asia. These efforts are all made possible by the Company’s continuous technological innovation and operational expertise, both key to its leadership in autonomous driving. In 2024, WeRide achieved record-high robotaxi revenue and the strongest international revenue since the company’s inception.
WeRide Continues Technology Innovation with End-to-End Models in ADAS and Level-4 Systems
WeRide started to deploy end-to-end models in both Level-4 driverless and ADAS systems in 2024.
WeRide’s end-to-end model employs a large VLM (visual-language model) which is encoded with general knowledge of the world and then trained with nearly 1 million hours of carefully selected high quality driving data from human drivers and simulated driving scenarios. This approach ensures the trained model has a general understanding of the world as well as deep driving insights.
WeRide’s training data continuously grows to cover more long tail cases via real-world and simulated data.
Eventually, WeRide’s autonomous driving systems can perform like a seasoned professional driver in complex urban scenarios. They can bring about human-like judgment and an extremely smooth driving experience to the Company’s customers.
In WeRide’s Level-4 driverless products, such as robotaxi and robobus, the end-to-end model is accompanied with deterministic safety critical frameworks to bring about smooth, human-like driving experience while maintaining the same high level of safety required by driverless systems. They are available in the Company’s latest version of robotaxi GXR running in multiple countries and cities.
WeRide Continues Global Expansion with Strategic Launches Across Europe, the Middle East and Asia
Robotaxi
Expanding Commercial Robotaxi Services in Abu Dhabi, United Arab Emirates. In March 2025, WeRide announced that with the support of the Abu Dhabi Integrated Transport Centre, it is on track to further expand its collaboration with Uber in Abu Dhabi. WeRide expects the number of robotaxis to reach 50 units in mid-2025 on the Uber Platform, marking a key milestone in its fleet growth in the Middle East. This follows the initial announcement in December 2024, when WeRide and Uber launched their ride-hailing partnership in Abu Dhabi. The service is available in major areas, between Saadiyat Island, Yas Island, and routes to and from Zayed International Airport. Plans are in motion to expand the operating territory.
Launch of Commercial Robotaxi Service in Beijing’s Core Urban Area for the First Time. In March 2025, WeRide officially obtained the permit to conduct commercial robotaxi ride-hailing services between the Beijing Economic-Technological Development Area (BDA) and Beijing South Railway Station. This milestone marks the first commercial robotaxi operation covering Beijing’s core urban area.
Latest GXR Model Starts Fully Unmanned Commercial Operations in Beijing. In February 2025, WeRide announced that it had received approval to launch its latest generation robotaxi, the GXR, for fully unmanned paid ride-hailing services in Beijing. This marks WeRide’s second robotaxi model to achieve fully driverless commercial operations in Beijing and GXR’s first large-scale commercial deployment in China.
Launch of Strategic Robotaxi Pilot Project in Switzerland. In January 2025, WeRide was selected as the technology provider for the first autonomous driving robotaxi project funded by the Canton of Zurich and the Swiss national railway Schweizerische Bundesbahnen (SBB) and managed by the Swiss Transit Lab (STL). WeRide’s leading Level-4 autonomous driving technology and mature operational capability have once again been recognized by the international market.
Latest GXR Model Secures Highway and Driverless Testing Permits in Guangzhou. In December 2024, only two months after launch of its latest GXR robotaxi, WeRide received additional permits for passenger ride, highway and remote driverless in Guangzhou, China. This milestone underscores WeRide’s leadership in achieving industry-specific regulatory approvals and marks a significant step towards fully-driverless commercial operations on GXR platform in Guangzhou.
Robobus
First Autonomous Robobus Trial in Spain. In March 2025, WeRide and Renault launched their first autonomous robobus trial in Spain. The service ran from March 10th to March 14th, offering a free autonomous robobus trial service in the center of Barcelona to showcase the maturity and potential of automated transport technologies.
First European Fully-Driverless Commercial Robobus Deployment. In February 2025, WeRide launched the first European fully-driverless Level-4 robobus commercial deployment in collaboration with Beti, Renault Group and Macif in France’s Drôme region. The open road route covered by the automated shuttles, serves the train station, the off-site long-term parking area, the business park’s catering hub and about 150 companies totaling approximately 3000 employees within a 162-hectare area.
Deployment of Autonomous Robobus at Zurich Airport. In January 2025, WeRide deployed its autonomous robobus shuttle service at Zurich Airport, marking a significant milestone as one of the first autonomous bus shuttle projects at a European airport. The service will transport airport employees along a dedicated route connecting employee-access gates.
Launch of BRT Robobus Shuttle Line in Guangzhou, China. In December 2024, WeRide inaugurated the commercial operation of the Tianhe BRT robobus shuttle line in Guangzhou. This line marks the first autonomous shuttle to navigate the BRT system in Guangzhou’s city center that operates at night in a tier-one Chinese city, offering an efficiently safe and convenient option for nighttime commuters.
Robovan
Release of Robovan W5. In February 2025, WeRide launched the robovan W5, a Level-4 autonomous logistics vehicle designed for open urban roads. Built on WeRide’s 40 million kilometers of autonomous driving mileage, the vehicle features the largest cargo capacity in its class at 5.5 cubic meters with a 1,000 kg maximum payload and an operating range of up to 220 kilometers.
Advancing Innovation Across Singapore’s Logistics Industry. In February 2025, WeRide announced that it had signed an MoU with the Singapore Logistics Association (SLA), marking a significant milestone in advancing autonomous vehicle technology for Singapore’s logistics sector. WeRide will collaborate with SLA to provide frontier solutions – including the recently unveiled robovan W5 – that will strengthen Singapore’s position as a global logistics hub while promoting sustainable and efficient transportation solutions.
Robosweeper
Urban Sanitation MoU with Chye Thiam Maintenance. In February 2025, WeRide signed an MoU with Chye Thiam Maintenance Pte Ltd (CTM) in Singapore. This collaboration combines WeRide’s leading Level-4 autonomous robosweeper technology with CTM’s extensive urban maintenance expertise, creating a powerful alliance to develop smarter, cleaner, and more sustainable cities across Southeast Asia and beyond.
Expanding City Sanitation Operations Across China. WeRide continues to grow the market reach of its smart city sanitation solutions. Since the fourth quarter of 2024, WeRide has commenced operation or secured agreements to run robosweeper fleets in multiple new locations across China, such as Shenzhen, Tianjin and Erdos, among other cities.
WeRide Continues to be Recognized for Product Innovation and Industry Recognition
Strengthening Global Cybersecurity Standards. In January 2025, WeRide announced that it had obtained ISO/IEC 27001:2022 certification, underscoring its commitment to top-grade information security. This certification validates WeRide’s alignment with international standards in information security management with a robust foundation for global expansion and cross-industry collaboration.
Recognition on 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. The inclusion affirms the Company’s position as one of the global leaders in the autonomous driving industry. This highly-regarded recognition came on the heels of the Company’s successful Initial Public Offering and Nasdaq listing in October 2024, when it became the world’s first publicly listed robotaxi company.
Management Commentary
Tony Han, WeRide’s Founder, Chairman, and Chief Executive Officer, commented, “WeRide continues to drive the future of autonomous mobility across the globe. Our success is built upon our endless commitment to innovation and safety. This has enabled us to expand our presence globally in new markets as well as deepen and refine our operations in existing markets. Internationally, we grew our footprint in Europe, the Middle East, and Asia, by engaging with partners and regulators to identify the best solutions for each market. We made significant progress in our international robotaxi deployment in 2024, including launching the largest robotaxi fleet outside the U.S and China. This achievement validates all of our efforts and is proof of our continued momentum for further expansion in 2025. In China, we made significant strides with fully unmanned commercial operations on our latest generation GXR robotaxi in Beijing, as well as multiple launches of our robobus and robosweeper services across multiple domestic cities. As the first publicly listed robotaxi company, we remain committed to pushing the boundaries of autonomous technology, delivering safer, smarter, and more sustainable transportation solutions worldwide.”
Jennifer Li, WeRide’s Chief Financial Officer, added, “Amidst a challenging macro environment, we adopted a comprehensive approach in 2024 to optimize revenue and customer structure through internationalization, competitive pricing, and strategic partnerships. This strategy delivered meaningful results in 2024, including achieving record-high robotaxi revenue and the strongest growth of international revenue since company’s inception. As we expand into new markets and scale our autonomous fleet, we continue to break through in technology, optimize operations, and enhance overall efficiency. Collaborating with local partners and stakeholders enables us to execute a cost-effective, rapid go-to-market model, allowing us to adapt quickly to diverse competitive landscapes. By leveraging strategic alliances and real-world insights, we are building a scalable mobility ecosystem that prioritizes innovation, reliability, and sustainable success.”