WeRide Inc. (WRD) Stock: Surges as Uber Launches First Robotaxi Service in Saudi Arabia

TLDR

• WeRide & Uber roll out Riyadh’s first autonomous robotaxi rides.
• Launch backs Saudi Vision 2030 smart transport modernization.
• Human operators ensure safety in early robotaxi operations.
• WeRide expands AV footprint after Abu Dhabi’s successful launch.
• Market reacts positively as WeRide’s stock jumps over 5%.

WeRide Inc. (NASDAQ: WRD) closed at $10.64, gaining 5.14% after launching autonomous Robotaxi rides with Uber in Riyadh.

WeRide Inc., WRD

This rollout marks the first time autonomous vehicles are available to the public via the Uber platform in Saudi Arabia. The development supports Vision 2030, a national initiative aimed at modernizing mobility and promoting smart transportation systems.

Uber has launched robotaxi passenger rides in Saudi Arabia using WeRide’s Robotaxi GXR, initially operating between Roshn Front and Princess Noura University. This marks a significant milestone in Uber’s expansion strategy in the Middle East, as the company aligns with local government efforts. The Transport General Authority (TGA) has backed the initiative, reinforcing Saudi Arabia’s commitment to future-focused transportation.

Riders can now experience autonomous driving technology through the Uber app, but a human vehicle operator will remain onboard for now. This early-phase deployment is designed to ensure safety and system reliability ahead of a planned transition to full autonomy. Uber continues to expand access to autonomous mobility while enhancing transportation infrastructure.

WeRide’s presence on the Uber platform in Riyadh builds on previous regional deployments, including a similar launch in Abu Dhabi in late 2024. The initiative also expands on Uber and WeRide’s September 2024 partnership announcement. Both companies aim to introduce autonomous services to 15 new cities outside the U.S. and China over the next five years.

WeRide Gains Ground Following Saudi AV Permit Milestone

WeRide became the first autonomous vehicle company to receive a robotaxi permit from the Saudi Transport General Authority. The company also successfully passed the Regulatory Sandbox for Autonomous Vehicle Piloting, an essential prerequisite for public deployment. This regulatory approval has now transitioned into active operations in Riyadh.

Saudi Arabia’s transport minister launched the operational phase of autonomous vehicles in July, further supporting the nation’s move toward smart mobility. This backing provided the foundation for WeRide’s entry into the Saudi market. It also underlines the government’s focus on bringing advanced mobility solutions to urban environments.

WeRide holds autonomous driving permits in several global markets, including China, the UAE, the U.S., Singapore, Belgium, and France. The Riyadh launch enhances WeRide’s international footprint, supporting its long-term strategy for smart urban transportation. Each new deployment strengthens the company’s operational credibility and boosts platform scalability.

Strong Market Reaction to WeRide’s Strategic Expansion

The move follows the earlier Abu Dhabi launch and aligns with Uber’s long-term vision of enabling sustainable, tech-driven mobility solutions. By establishing a presence in Riyadh, WeRide reinforces its position as a global leader in autonomous vehicle innovation. It also signals continued growth in regulated, real-world deployments.

The market views the Riyadh rollout as a significant milestone in a rapidly evolving sector that combines innovation, regulation, and public trust. With new routes and more cities planned, both companies are set to accelerate AV adoption. WeRide’s expanded footprint gives it a more potent edge as global cities invest in future mobility.

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