WeRide Inc. - American Depositary Shares (WRD)

Robotaxis are a trillion dollar market in the making.

WeRide Inc. (WRD) partners with Dubai's RTA & Uber to launch autonomous vehicles in the Middle East. Pilot program starts this year.

In the initial phase, the vehicles will operate with a safety driver on board, paving the way for the full-scale commercial rollout of driverless services in 2026, the Dubai government said.

Uber stock was higher in early Tuesday after the company said it will test driverless taxis in London in partnership with Wayve.

WeRide partners with Renault Group to provide self-driving shuttle at Roland-Garros. The successful debut last year highlights their strong partnership and expansion plans in Europe.

The Robobus service covers 2.8 km in 12 minutes, connecting Avenue de la Porte d'Auteuil, Place de la Porte d'Auteuil, P1 Parking Carrefour des Anciens Combattants, and Village de Roland Garros.

Uber stock fell more than 5% Thursday, following a report that Tesla will launch a limited version of its robotaxi service early next month.

Chinese self-driving company WeRide Inc (NASDAQ: WRD) surged after announcing expansion into Saudi Arabia with Robotaxi launch and testing.

The company reported RMB 525.3 million in revenue and secured new ADAS design wins and robotics deals while confirming the dismissal of all IP litigation.

While institutional money managers have released their Q1 holdings, so has the heart and soul of the AI revolution, NVIDIA. See which six stocks NVIDIA owns.

The China-based robotaxi company increased its total fleet size to over 1,200 units in the quarter.

WeRide shares rise after reporting $10M in Q1 revenue, expanding global robotaxi services, and announcing a $100M share buyback plan.