WeRide Becomes First Autonomous Driving Company with Dual Primary Listings in the U.S. and Hong Kong

November 6 — Sky9 Capital portfolio company and global autonomous-driving leader WeRide Inc. (HKEX: 0800, Nasdaq: WRD) officially listed on the Hong Kong Exchanges and Clearing Limited (HKEX) under ticker 0800.HK. Already the first Robotaxi company on Nasdaq, WeRide is now also the first Robotaxi player on the HKEX— and the first Robotaxi and autonomous driving technology company to achieve a dual primary listing on both HKEX and Nasdaq.

Under our Hong Kong listing, WeRide issued a total of 88.25 million shares (pre-greenshoe). This comprised 17.65 million shares for the public offering and 70.60 million shares for international placement. The offer price was set at HKD 27.1 per share, raising total proceeds of approximately HKD 2.39 billion (pre-greenshoe).

Dr. Tony Han, Founder and CEO of WeRide, officially signed a voluntary lock-up agreement on October 28, committing not to reduce his shareholdings in the company for the next three years. This fully demonstrates the founder and management’s firm commitment to the company’s long-term and stable development, as well as their strong confidence in the future value release of the company.

The Only Company Globally with Licenses in Seven Countries, Building a Top-Tier Ecosystem

This successful Hong Kong listing not only injects stronger capital momentum into WeRide’s global strategy but also highlights the international capital market’s high recognition of the company’s technological path, business model, and long-term value.

Based on its self-developed universal autonomous driving platform WeRide One, WeRide has built a product matrix covering five key areas – Robotaxi, Robobus, Robosweeper, Robovan, and ADAS solutions – focusing on three application scenarios: smart mobility, smart logistics, and smart sanitation. Simultaneously, leveraging its full-stack, self-developed closed-loop simulation engine WeRide GENESIS, WeRide has significantly reduced road testing costs and safety risks, achieving globally leading product iteration efficiency, market expansion speed, and commercial deployment breadth.

Currently, WeRide is the only technology company in the world whose products have obtained autonomous driving licenses/permits in seven countries: China, UAE, Singapore, France, Saudi Arabia, Belgium, and the USA. Its L4 autonomous vehicle fleet exceeds 1,500 units, including over 700 Robotaxis. In collaboration with Uber, it operates the largest commercialized Robotaxi fleet outside China and the US, located in the Middle East. The company plans to deploy tens of thousands of Robotaxis by 2030.

In terms of industrial collaboration, the company continues to attract interest from top-tier global industrial capital and ecosystem partners. It has built a strategic ecosystem encompassing leading companies like Uber, NVIDIA, Bosch, Grab, and Renault-Nissan, and is the only autonomous driving technology company to have received investment commitments from both ride-hailing giants Uber and Grab, showcasing its irreplaceable strategic value and leading position.

WeRide has made multiple key progress in the global commercialization of L4 autonomous driving. In China, its Robotaxi has achieved fully driverless commercial operation in Guangzhou and Beijing, and has launched 24/7 autonomous services at transportation hubs like airports and train stations. In core markets like the Middle East and Singapore, WeRide maintains a first-mover advantage of at least one and a half years over peers. In European countries like France, Switzerland, and Belgium, WeRide is the only autonomous driving company to have achieved commercial deployment of L4 fleets.

In the ADAS field, the one-stage, end-to-end combined ADAS solution co-developed by WeRide and Bosch has successfully reached SOP and is scheduled for mass production within 2025. These developments fully demonstrate the global applicability and international competitiveness of WeRide’s technological solutions and business model.

Turning “Listing Bell” into a “Globalization Engine”

On October 25, 2024, WeRide was listed on the Nasdaq Stock Exchange, becoming the first global universal autonomous driving stock and the first global Robotaxi stock. Within just one year, WeRide turned the “listing bell” into a “globalization engine,” scaling up multiple businesses domestically and internationally at a pace that has drawn industry attention:

• In December 2024, WeRide and Uber launched the largest commercial Robotaxi fleet in the Middle East in Abu Dhabi, UAE.
• In April 2025, it announced the launch of Robotaxi services in Dubai, planned for late 2025, achieving fully driverless operation by 2026.
• In May 2025, WeRide announced the start of fully driverless Robotaxi trial operations in Abu Dhabi, creating the first fully driverless Robotaxi fleet in the Middle East. Concurrently, WeRide received an additional $100 million equity investment from Uber – Uber’s largest investment in the autonomous driving sector.
• In July 2025, WeRide officially launched the first Robotaxi trial service in Saudi Arabia’s capital Riyadh, which is currently the only Robotaxi trial service in the country.
• In September 2025, WeRide’s Robobus officially received Belgium’s first federal L4 autonomous driving test license. This made WeRide the only technology company in the world whose products hold autonomous driving licenses in seven countries simultaneously.

With licenses in seven countries, a global presence covering 30 cities across 11 nations, and a cooperation system built with Uber and local governments integrating “Technology + Platform + Policy,” WeRide has become the most competitive Chinese player in overseas markets.

Looking domestically, WeRide’s pace is also accelerating: In February 2025, WeRide’s new generation mass-produced Robotaxi ‘GXR’ was officially approved to launch commercial driverless autonomous ride-hailing services (Robotaxi) in Beijing. The service area covers the core area of Beijing Economic-Technological Development Area, including important hubs like downtown high-speed rail stations. This marked the first large-scale deployment of fully driverless commercial application in China, following its launch on the Uber platform in Abu Dhabi in December 2024.

WeRide also provides regular Robotaxi services in nearly 10 cities worldwide, including, besides Beijing and Abu Dhabi, Guangzhou, Nanjing, Ordos, Suzhou, and Zurich, among others.

As a key investor in WeRide’s Series C funding round, Sky9 Capital has witnessed the “WeRide Speed” in the autonomous driving field – the entire process of autonomous driving technology moving from blueprint to reality. We deeply appreciate the leap made by Chinese autonomous driving enterprises from being followers to becoming scale exporters in the global industrial chain. In the future, we will continue to focus on autonomous driving and its upstream and downstream industries, from automotive-grade chips and LiDAR to edge computing, empowering more technology companies to establish themselves as foundational players in the era of autonomous driving.