U.S. Stocks Movement | WeRide rises about 3% pre-market, intensifies investment in autonomous driving and AI technology

Glonghui, February 5th｜Leading global autonomous driving company WeRide (WRD.US) rose 2.8% to $7.31 in pre-market trading on the US stock market. According to reports, Guangzhou WeRide Technology Co., Ltd. recently completed an industrial and commercial registration change, increasing its registered capital from 3.5 billion RMB to 4 billion RMB, an increase of about 14%. This capital increase will further strengthen its financial position and support the R&D and commercialization of autonomous driving and artificial intelligence-related businesses. As a global leader in autonomous driving, WeRide has established a diversified product matrix covering five major areas: autonomous taxis, minibuses, freight vehicles, sanitation vehicles, and assisted driving solutions. Its business spans more than 40 cities in 11 countries worldwide, making it the only company globally whose products simultaneously hold autonomous driving licenses in eight countries. As of now, its Robotaxi fleet has exceeded 1,600 vehicles, has been in public operation for nearly six years, and has accumulated over 55 million kilometers of autonomous driving mileage.