WeRide

As of press time, WeRide fell 12.18 percent and Pony AI dropped 13.96 percent.

WeRide CFO alleges Pony AI used deliberately disparaging language about WeRide in its roadshow materials, calling it a deception of investors.

WeRide will collaborate with Grab to launch an autonomous ride-hailing service named Ai.R in Singapore, initially deploying 11 robotaxis.

Grab will invest tens of millions of dollars in WeRide, with the transaction expected to close by the first half of 2026.

WeRide gets the green light to roll out robotaxis across Saudi Arabia, starting with a pilot in Riyadh with Uber and its local partner Ai Driver.

WeRide is one of China's earliest companies focused on smart driving solutions, and went public on the Nasdaq in October 2024.

WeRide's first robotaxis will start commercial operations with safety officers and fully driverless testing in Dubai this year, with fully driverless commercial operations set to start in the first quarter of 2026.

WeRide will begin robotaxi pilot operations on the Uber platform in the coming months and plans to launch commercial robotaxi operations in Saudi Arabia within 2025.

WeRide began fully unmanned robotaxi pilot operations in Abu Dhabi, creating the first purely unmanned robotaxi fleet in the Middle East.

The investment, which will be closed in the coming months, will be Uber's largest investment in the autonomous driving space to date.