📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $WRD WeRide Secures Autonomous Driving Permit in Saudi Arabia, Expands Global Reach to Six Nations $UBER $PONY $TSLA $GOOGL $AMZN $NVDA https://t.co/zDELtv1dLi
Just in: WeRide $WRD secures Saudi Arabia's first Robotaxi autonomous driving permit, expanding its reach to six countries. The pilot in Riyadh with $UBER covers key locations, with full commercial service expected by end-2025.
$WRD +6% [WeRide's Robotaxi received Saudi Arabia's first autonomous driving permit, making it the only tech company with AV permits in six countries. Pilot operations with Uber and Ai Driver have launched in Riyadh, with a full commercial service expected by end-2025. WeRide https://t.co/cVLoRvOt0P
Autonomous-vehicle developer WeRide has obtained Saudi Arabia’s first permit to deploy self-driving robotaxis, granted by the kingdom’s Transport General Authority. The license makes WeRide the only technology company with autonomous-driving approvals in six countries, adding Saudi Arabia to existing operations in China, the United States, the United Arab Emirates, Singapore and France. WeRide has already begun a pilot service in Riyadh in partnership with Uber, offering rides between key locations in the capital. The company said it aims to transition to full commercial operations across the city by the end of 2025. The announcement boosted investor sentiment, sending WeRide’s shares up roughly 6% in morning trading.