WeRide – Quietly Crushing the Autonomous Driving Game

Alright, let’s talk about a ticker nobody’s giving enough love: WeRide ($WRD).

Yeah, their earnings were 2 months ago, but sometimes you gotta let the hype die down and actually look at the numbers. And holy hell, these guys are quietly building one of the strongest plays in autonomous driving.

Q2 ‘25 Recap:

• Total revenue hit $17.8M, up 60% YoY.
• Robotaxi revenue exploded +836% YoY to $6.4M. That’s now over a third of their total business – it’s not a “pilot program” anymore, it’s a legit revenue driver.
• Gross profit climbed 40% YoY, with gross margin sitting pretty at 28%. Scaling AND getting more efficient. Most of their competitors can’t say that.
• They dropped HPC 3.0, running on NVIDIA DRIVE AGX Thor. This isn’t just marketing fluff – it cuts system cost in half while keeping it fully automotive-grade. Lower costs + better scalability = every fleet rollout becomes more profitable.
• Market Cap still only 2.7 Billion – potential 10x in coming years

Global footprint (bigger than most people realize):

• Abu Dhabi: robotaxi fleet tripled since Dec ‘24. Over 2,200 days of safe ops – regulators love that.
• Saudi Arabia: first company to run robotaxis in Riyadh. Major flex in the Middle East.
• Singapur: First operating autonomous vehicle without a safety driver in South-East Asia
• Permits in 6 countries.
• Uber and Grab partnership: the real kicker. WeRide’s tech is getting plugged into Uber’s and Grab's ecosystems, with plans for 15 cities outside US/China in the next 5 years. Uber also tossed in a $100M investment.

People sleep on this – WeRide isn’t just pushing one product. They’ve got:

• Robotaxis (obviously)
• Robobusses
• Robovans (autonomous logistics/delivery)
• Robosweepers (city sanitation, already deployed)
• Other mobility/transport solutions, all running on the WeRide One Platform.

That means multiple revenue streams across mobility + logistics + smart city services. They’re building an ecosystem.

Look, the stock isn’t mooning yet. They’re still in growth mode, and yes, net income is red. But think about it: massive YoY growth, global ops scaling, partnerships with Uber, Grab, Lenovo and NVIDIA, and a diversified portfolio. Compare that to the other AV players stuck in testing loops or bleeding cash without a clear roadmap.

This is how a long game looks – grab market share, get permits, build trust with regulators, diversify products, line up big-name partners, and then ride the revenue curve.

TL;DR
2 months after earnings and I’m still hyped:

• Revenue up 60%, robotaxi rev up 836%.
• NVIDIA-powered HPC 3.0 = cheaper, faster scaling.
• Global expansion (Abu Dhabi, Saudi, Singapur, 6 permits worldwide).
• Uber deal with $100M backing.
• Broad product lineup beyond taxis.

I’m not saying it’s going 10x overnight, but this smells like a sleeper growth stock that’ll sneak up on everyone. While the herd chases Tesla and Waymo FSD headlines, WeRide is quietly racking up cities, fleets, and partnerships.