WeRide Stock Surges After Hours: What's Driving The Action? - WeRide (NASDAQ:WRD)
- On May 5, 2025, Uber and WeRide revealed plans to extend their autonomous vehicle collaboration by launching services in 15 new cities worldwide over the next five years.
- Building on a successful debut in Abu Dhabi, the expansion aims to introduce autonomous vehicle services to additional cities outside the US and China, including several locations across Europe.
- WeRide's Robotaxi services will be integrated into the Uber app, with Uber managing fleet operations as part of WeRide's global growth strategy.
- WeRide shares increased by 20.71% after hours to $8.27, reflecting investor confidence following the companies' description of the agreement as a major milestone and one of the largest collaborations of its nature.
- This partnership aims to expand affordable autonomous driving services worldwide and demonstrates both companies' confidence in their technology and sustainable transportation goals.
17 Articles
17 Articles
WeRide Stock Surges After Hours: What's Driving The Action? - WeRide (NASDAQ:WRD)
WeRide Inc (NASDAQ:WRD) shares are surging in Monday’s after-hours session after the company and Uber Technologies Inc (NYSE:UBER) announced an expanded partnership. What Happened: After the market close on Monday, autonomous driving technology company WeRide and Uber announced an expansion of their previously announced strategic partnership that will add 15 cities to their autonomous vehicle expansion plans over the next five years. ...Full sto…
WeRide launches paid commercial Level-4 robobus service in central Guangzhou
WeRide has launched a paid commercial service with its Level-4 robobus in central Guangzhou. This marks the city’s first fare-charging autonomous bus line in its downtown core — and a significant step toward mass commercialization of WeRide’s Level-4 autonomous vehicles, according to the company. As one of the world’s largest cities, Guangzhou faces some of the most complex and congested urban traffic conditions, with its dense population and he…
Uber and WeRide reveal plans to expand autonomous vehicle partnership to 15 more global cities
Uber and autonomous driving firm WeRide have confirmed the expansion of their partnership to cover 15 more cities worldwide over the next five years. The move will include cities across Europe, but excludes the United States and China.The announcement follows the service’s debut in Abu Dhabi, with Dubai expected to follow soon. The companies are aiming to roll out WeRide’s Robotaxi services through the Uber app in each of the new locations.Uber …
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