WeRide (WRD) Investor presentation summary

Financial and operational highlights

• Achieved RMB 114 million in revenue for 1Q2026, a 58% year-over-year increase, with a 35% gross profit margin.

• Operating expenses remained stable at RMB 464 million, with a net loss of RMB 389 million for 1Q2026.

• R&D expenses rose 12% to RMB 363 million, while administrative expenses dropped 33% to RMB 83 million.

• Capital reserves stood at RMB 6,225 million as of March 31, 2026.

• Autonomous vehicle fleet expanded to approximately 1,300 robotaxis and 2,800 L4 AVs across 12 countries and 40+ cities.

Global expansion and commercial milestones

• Secured the first city-level fully driverless robotaxi commercial permit outside the U.S. in Abu Dhabi, with 1,200 robotaxis planned by 2027.

• Launched driverless commercial operations in the Middle East, covering about 70% of Abu Dhabi's city core.

• Entered four European markets, including Slovakia, with the first large-scale, multi-product AV deployment at a national level.

• Commenced public robotaxi and robobus operations in Singapore, partnering with Grab.

• Projected to reach 2,600 global robotaxis by end of 2026 and 200,000 L4 vehicles globally by 2030.

Technology and product leadership

• WRD 3.0 L2++ ADAS solution achieved five consecutive national competition wins and is mass produced in models from Chery and GAC.

• Multi-chip compatibility with NVIDIA, Qualcomm, and SiEngine enables faster mass production and cost optimization.

• Upgraded Robotaxi GXR features 2,000 TOPS compute power, 600m detection range, and 2,000 units targeted for delivery by 2026.

• WeRide One universal technology platform powers all autonomous mobility solutions, enabling data feedback and product synergies.

• GENESIS simulation engine accelerates model iteration and safety validation, reducing on-road testing costs significantly.