WeRide (WRD) Q1 Revenue Grows Slightly, Fleet Expands

May 21, 2025

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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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