WeRide Inc. announced Q3 2024 results and strategic developments. The company introduced GXR, a next-generation Robotaxi platform, integrating proprietary L4 systems and advanced sensors. WeRide partnered with Uber to deploy Robotaxis in the UAE by December 2024, expanding its global presence to seven countries.Financially, Q3 revenues decreased to RMB70.0 million, with product revenue rising to RMB15.0 million and service revenue declining to RMB55.0 million. The company reported a net loss of RMB1,042.7 million. WeRide's cash position remained strong at RMB2,705.9 million as of September 30, 2024.WeRide continued to expand its autonomous driving solutions globally, including Robobus services in France and Singapore, and Robosweeper operations in Singapore and China. The company expects full-year 2024 revenues between RMB350-380 million, reflecting ongoing market uncertainties and its commitment to innovation and strategic growth.

WeRide Inc. announced Q3 2024 results and strategic developments. The company introduced GXR, a next-generation Robotaxi platform, integrating proprietary L4 systems and advanced sensors. WeRide partnered with Uber to deploy Robotaxis in the UAE by December 2024, expanding its global presence to seven countries.Financially, Q3 revenues decreased to RMB70.0 million, with product revenue rising to RMB15.0 million and service revenue declining to RMB55.0 million. The company reported a net loss of RMB1,042.7 million. WeRide's cash position remained strong at RMB2,705.9 million as of September 30, 2024.WeRide continued to expand its autonomous driving solutions globally, including Robobus services in France and Singapore, and Robosweeper operations in Singapore and China. The company expects full-year 2024 revenues between RMB350-380 million, reflecting ongoing market uncertainties and its commitment to innovation and strategic growth.