Key Highlights:
- WeRide (WRD, Financial) reports first-quarter revenue growth.
- Fleet expansion reaches over 1,200 autonomous vehicles.
- Strategic positioning in the autonomous vehicle industry continues.
WeRide's Steady Revenue Growth
In its financial disclosure for the first quarter of 2025, WeRide (WRD) demonstrated a marginal revenue increase, reporting $10 million compared to $9.9 million from the same period last year. This growth, albeit slight, underscores the company's resilience and strategic focus in the competitive autonomous vehicle market.
Expansion of Autonomous Fleet
Aligning with its revenue upturn, WeRide has notably expanded its fleet. The company now boasts over 1,200 autonomous vehicles, marking a significant milestone in its operational capacity and industry presence. This expansion reflects WeRide's commitment to scaling its operations and enhancing its market share within the burgeoning autonomous vehicle sector.