WeRide: A Global Leading Autonomous Driving Technology Company 188

WeRide was founded in 2017 and is a globally leading autonomous driving technology company headquartered in Guangzhou. It provides autonomous driving products and services ranging from L2 to L4, covering a variety of autonomous vehicles including Robotaxi, Robobus, and Robovan. WeRide conducts autonomous driving R&D, testing, and operations in 30 cities across 7 countries worldwide, with over 1,700 days of operations. WeRide is the only company that simultaneously holds autonomous driving licenses in China, the United States, the United Arab Emirates, and Singapore.

WeRide is committed to developing safe and reliable driverless technology. Its application scenarios cover smart mobility, smart freight, and smart sanitation. It has entered the commercial operation stage of autonomous driving and has formed five major product matrices: Robotaxi, Robobus, Robovan, Robosweeper, and Advanced Driver-Assistance System. It provides a variety of services such as ride-hailing, on-demand public transit, intra-city freight, smart sanitation, and advanced intelligent driving solutions.

WeRide Main Technological Advantages

• WeRide One Autonomous Driving Universal Technology Platform: Integrates the full-stack software algorithms, modular hardware, and cloud architecture platform for autonomous driving, supporting autonomous driving capabilities across different levels and vehicle models.

• Multi-modal Large Model: Combines the "understanding and reasoning capabilities of multi-modal large models" and the "advantages of end-to-end models in decision-making and planning" to enhance the performance of the autonomous driving system.

• Product Line: Includes a variety of autonomous vehicles such as Robotaxi, Robobus, and Robovan.

• Sensor Suite: WeRide SS 5.1 is the latest generation of autonomous driving sensor suite, providing 360-degree perception with no blind spots.

• Patent Portfolio: Over 1,000 patent applications filed, with a patent grant rate exceeding 80%, of which invention patents account for more than half, covering all categories of autonomous driving technology.

WeRide Application Cases

• Robotaxi: Provides fully driverless taxi services in Guangzhou's Huangpu District and Guangzhou Development District, with accumulated operation days exceeding 1,200.

• Autonomous Driving Sanitation Vehicle: Launched the driverless road sweeper S1, which has been tested and operated in multiple cities including Guangzhou, Beijing, Dalian, and Shenzhen, effectively improving the efficiency and environmental performance of sanitation operations.

• Autonomous Driving Freight Vehicle: Partnered with Jiangling Motors and ZTO Express Group to launch the WeRide Robovan autonomous driving freight vehicle, achieving all-time, all-weather operation.

On October 25, 2024, WeRide successfully listed on the U.S. Nasdaq under the ticker symbol "WRD". It raised over 3.15 billion RMB and is regarded as the "world's first universal autonomous driving stock" and the "world's first Robotaxi stock".