Stock Track | WeRide Soars 11.75% Pre-market on Approval for Fully Unmanned Robotaxi Service in Beijing

Stock Track
02-24

WeRide Inc. (WRD) shares surged 11.75% in pre-market trading on Monday, following the company's announcement of receiving approval to launch its latest Robotaxi model, the GXR, for fully unmanned paid ride-hailing services in Beijing.

This marks a pivotal achievement for WeRide, as the GXR becomes the company's second Robotaxi model to achieve fully driverless commercial operations in Beijing. It also represents the first large-scale commercial deployment of the GXR in China, following its initial launch on the Uber platform in Abu Dhabi last December.

The GXR service area spans key regions within the Beijing Economic-Technological Development Area, including high-speed railway stations and routes to and from Beijing Daxing International Airport. With industry-leading features like a redundant drive-by-wire chassis architecture, open mobile travel space, and the world's first hidden B-pillar design, the GXR can accommodate up to five passengers, offering the widest entry and exit space, the best seating space, and the largest luggage storage space in the Robotaxi industry.

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