Autonomous Driving Company WeRide Lists on US Stock Market, Shares Surge Over 27% on Debut!
WeRide, a prominent company in the field of autonomous driving technology, has made its debut on the US stock market. The company's shares experienced a significant surge, peaking at over 27% higher on the first day of trading.
For reference, WeRide was established in 2017 and offers autonomous driving products and services ranging from Level 2 to Level 4. It is a technology company that has obtained autonomous driving licenses in China, the United Arab Emirates, Singapore, and the United States. WeRide has been conducting autonomous driving research and development, testing, and operations in 30 cities across 7 countries, with over 1,700 days of operation. WeRide's partners include the Renault-Nissan-Mitsubishi Alliance, Yutong Group, Bosch, and GAC Group, among others.
Currently, WeRide has a comprehensive product portfolio that includes five major product matrices: Autonomous Taxis (Robotaxi), Autonomous Shuttles (Robobus), Autonomous Freight Vehicles (Robovan), Autonomous Sanitation Vehicles (Robosweeper), and Advanced Driver-Assistance Systems (ADAS).