WeRide fleet reaches 1,300 vehicles worldwide, moving toward its 2,600 target
- WeRide said on May 13 its global robotaxi fleet reached about 1,300 vehicles as first-quarter revenue rose 58% from a year earlier. - The company said roughly 2,800 Level 4 vehicles now operate or are being tested across 12 countries and more than 40 cities. - By the end of 2026, WeRide still expects 2,600 robotaxis globally, according to its March 23 and May 13 disclosures.
WeRide said on May 13 that its global robotaxi fleet had reached about 1,300 vehicles, up from 1,125 disclosed in late March, as the company reported first-quarter revenue growth of 57.6% from a year earlier. The autonomous driving company said its broader Level 4 fleet, including robobuses and robovans, had grown to about 2,800 units deployed or tested worldwide. Revenue for the quarter ended March 31 rose to 114.1 million yuan, or about $16.5 million, according to the company’s earnings release and conference call. Tony Han, WeRide’s founder and chief executive, said the results reflected faster commercialization of robotaxis and the company’s driver-assistance business. ### How fast is WeRide adding robotaxis? WeRide said on March 23 that its robotaxi fleet stood at 1,125 vehicles and was expected to reach 2,600 by the end of 2026. Less than two months later, the company said the fleet had reached about 1,300 vehicles by the end of April. That implies an increase of roughly 175 robotaxis since the March disclosure. (weride.ai) The end-of-April figure included about 1,000 robotaxis in China and about 300 internationally, according to the company’s earnings call. WeRide said in March that its total global autonomous vehicle fleet, across all categories, had reached 2,113 vehicles as of that announcement date. (weride.ai) ### What does the 2,800-vehicle figure include? The company said the 2,800-vehicle count covers its broader Level 4 autonomous fleet, including robobuses and robovans in addition to robotaxis. WeRide said those vehicles have been deployed or tested in 12 countries and more than 40 cities. (fool.com) March disclosures described that footprint as the widest global deployment among autonomous driving companies, though that characterization came from the company. The same March filing said WeRide’s autonomous vehicles had been deployed in more than 40 cities across 12 countries as of that date. ### Where is the company expanding outside China? (fool.com) Dubai and Singapore featured in WeRide’s latest update on international operations. The company said fully driverless robotaxi services launched in Dubai, while autonomous ride-hailing operations began in Singapore through a partnership with Grab. Riyadh and Slovakia were also named in the latest disclosures. (weride.ai) WeRide said it expanded into Riyadh and entered Slovakia as its fourth European market. On the earnings call, management said international revenue accounted for about one-third of total group revenue in 2025 and that its Middle East subsidiary had reached net-level profitability. (finance.yahoo.com) ### What did the quarter show beyond fleet size? First-quarter gross profit rose 55.9% to 39.6 million yuan, while gross margin was 34.7%, compared with 35.0% a year earlier, according to the company’s results. Product revenue rose 115.8% to 20.5 million yuan, which WeRide said was driven mainly by higher sales of robotaxis and other Level 4 vehicles. Service revenue increased 49% to 93.7 million yuan, supported by intelligent data solutions and ADAS-related services. (finance.yahoo.com) As of March 31, WeRide reported 6.18 billion yuan in cash, cash equivalents and time deposits, with total capital reserves of 6.22 billion yuan on the earnings call. The company also said registered robotaxi users in China roughly doubled from a year earlier, average daily orders per vehicle exceeded 17, and peak utilization reached 28 trips. (finance.yahoo.com) ### What has WeRide said comes next? May 13 disclosures kept intact the company’s target of 2,600 robotaxis globally by the end of 2026. The earnings call also cited a partnership with Geely Farizon aimed at delivering 2,000 GXR robotaxis in 2026. The company said its collaboration with Lenovo targets deployment of 200,000 robotaxis and other autonomous vehicles globally over the next five years. (finance.yahoo.com) Together with Uber, WeRide plans to deploy at least 1,200 robotaxis across Abu Dhabi, Dubai and Riyadh by 2027, according to the company’s latest update. (weride.ai 1) (weride.ai 2)