Date | Price Target | Rating | Analyst |
---|---|---|---|
11/19/2024 | $23.00 | Overweight | Morgan Stanley |
Morgan Stanley initiated coverage of WeRide with a rating of Overweight and set a new price target of $23.00
6-K - WeRide Inc. (0001867729) (Filer)
SC 13D - WeRide Inc. (0001867729) (Subject)
ZURICH, Jan. 14, 2025 (GLOBE NEWSWIRE) -- WeRide Inc. (NASDAQ:WRD), a global leader in autonomous driving technology, is the technology provider for an innovative new autonomous driving pilot project in Switzerland. This project is funded by the Canton of Zurich and Swiss national railway Schweizerische Bundesbahnen (SBB) and managed by the Swiss Transit Lab (STL), with WeRide providing products and operational support. The decision demonstrates WeRide's leading L4 autonomous driving technology and operational experience has again been recognized by the international market. During the test phase, two autonomous cars with WeRide technology will be in service. When operations start, whic
ZURICH, Jan. 09, 2025 (GLOBE NEWSWIRE) -- WeRide Inc. (NASDAQ:WRD), a global leader in autonomous driving technology, today announced deployment of its Robobus autonomous shuttle service at Zurich Airport in partnership with Flughafen Zürich AG and Swiss Transit Lab (STL), marking a significant milestone in bringing autonomous mobility solutions to a major European aviation hub, and building on WeRide's successful European operations, including its recent autonomous shuttle service at Roland-Garros during the 2024 French Open. The WeRide Robobus, which accommodates nine passengers, will be the first commercial autonomous bus shuttle project at a European airport. It will serve airport
Launch represents the first time autonomous vehicles are available on the Uber platform outside of the U.S. Marks the largest commercial robotaxi service outside the U.S. and China. WeRide vehicles will be available for eligible Uber trips in key areas, including Al Saadiyat Island, Yas Island, and routes to and from Abu Dhabi International Airport. Tawasul will be the main fleet operator for WeRide vehicles on the Uber platform, providing fleet management services. Program supported by the Abu Dhabi Integrated Transport Centre (Abu Dhabi Mobility) Uber Technologies, Inc. (NYSE:UBER), the world's largest mobility and delivery technology platform, and WeRide (NASDAQ:WRD), the
NEW YORK, Dec. 02, 2024 (GLOBE NEWSWIRE) -- WeRide Inc. ("WeRide" or the "Company") (NASDAQ:WRD), a global autonomous driving leader, today was named to the 2024 Fortune Future 50 List, which ranks the world's top public and private companies with the best long-term growth potential by assessing factors like strategic orientation, technology and investments, people, and structure. OpenAI, Shopify, Nvidia, Reddit and other renowned companies were also recognized. WeRide's inclusion as the highest ranked autonomous driving company on the list follows its Initial Public Offering and Nasdaq listing in October 2024. WeRide became the world's first publicly listed robotaxi company and the fir
NEW YORK, Nov. 29, 2024 (GLOBE NEWSWIRE) -- WeRide Inc. ("WeRide" or the "Company") (NASDAQ:WRD), the world's first publicly traded Robotaxi company and a global leader in the autonomous driving industry, today announced its unaudited results for the third quarter and nine months ended September 30, 2024. Recent Highlights After the successful listing on Nasdaq, the Company continued to make progress towards its long-term strategic objectives in the development of autonomous driving technologies and applications both directly and in partnership with others. WeRide Reinforces Technology Leadership and First-mover Position in the World In October 2024, WeRide introduced GXR, a f
NEW YORK, Nov. 20, 2024 (GLOBE NEWSWIRE) -- WeRide (NASDAQ:WRD), the leading global commercial-stage company developing autonomous driving technologies from Level 2 to Level 4, announced that its Robosweeper S6 and Robosweeper S1 have officially commenced operations at Marina Coastal Drive and Esplanade in Singapore, respectively. This milestone represents Singapore's first commercialized autonomous sanitation project, setting a benchmark for the broader adoption of smart sanitation technologies in the country. The commercial launch of WeRide's two autonomous sanitation devices follows one week after the company's receipt of M1 and T1 licenses from the Land Transport Authority of Singapor
Deutsche Bank announced today its appointment as depositary bank for the NASDAQ-listed American Depositary Receipt program of WeRide Inc. WeRide Inc. (NASDAQ:WRD) provides autonomous driving products and services from Level 2 to Level 4, addressing transportation needs across a wide range of use cases on open road, including in mobility, logistics, and sanitation industries. Its corporate headquarters are located in Guangzhou, China.* In addition to specializing in administering cross-border equity structures such as New York Shares and American and Global Depositary Receipts, Deutsche Bank provides corporates, financial institutions, hedge funds and supranational agencies around the worl
NEW YORK, Oct. 28, 2024 (GLOBE NEWSWIRE) -- WeRide Inc. ("WeRide" or the "Company") (NASDAQ:WRD), a global leader and a first mover in the autonomous driving industry, today announced that its previously announced initial public offering (the "Offering") of 7,742,400 American depositary shares ("ADSs") at a price to the public of US$15.50 per ADS closed on October 28, 2024. Each ADS represents three Class A ordinary shares of the Company. WeRide's ADSs began trading on the Nasdaq Global Select Market on October 25, 2024, under the ticker symbol "WRD." The Company has granted the underwriters an option, exercisable within 30 days from the date of the final prospectus, to purchase up to
NEW YORK, Oct. 28, 2024 (GLOBE NEWSWIRE) -- WeRide, the leading global commercial-stage company, was officially listed on the Nasdaq Global Select Market under the ticker symbol "WRD." Upon listing, WeRide became the world's first publicly listed universal autonomous driving technology company and the first publicly listed Robotaxi company. The initial public offering price was set at $15.5 per American depositary share (ADS). If the underwriters fully exercise the granted option, the Company will issue a total of 8,903,760 ADSs. The total proceeds from the public offering, combined with $320 million concurrent private placement, are expected to amount to $458.5 million, assuming the under