WeRide (WRD) Stock Rises After Unveiling Nvidia-Powered Robotaxi at GTC 2026

TLDR

• WeRide unveiled its Robotaxi GXR at Nvidia GTC 2026, built on Nvidia’s DRIVE Hyperion platform and DRIVE AGX Thor chip
• New HPC 3.0 computing unit expected to cut autonomous driving system costs by ~50% and total cost of ownership by 84%
• WeRide plans to expand its robotaxi fleet to 2,600+ vehicles globally by 2026, and tens of thousands by 2030
• Public robotaxi services with Grab in Singapore’s Punggol district set to launch April 1
• WRD stock is down 63.46% over the past 12 months and trading near 52-week lows

WeRide showcased its Robotaxi GXR at Nvidia’s GTC 2026 conference in San Jose this week. The vehicle runs on Nvidia’s DRIVE Hyperion autonomous driving platform and the DRIVE AGX Thor system-on-chip.

WeRide Inc., WRD

The GXR integrates computing, sensors, and safety systems designed for large autonomous fleets. WeRide says this setup enables faster deployment and lower operating costs compared to previous generations.

The big headline from the launch is cost reduction. WeRide’s new HPC 3.0 computing unit is expected to cut autonomous driving system costs by around 50%, with total cost of ownership dropping by 84%.

That’s a meaningful number for a company trying to scale a robotaxi business globally.

WeRide’s partnership with Nvidia isn’t new, but the GTC showcase put it front and center. The collaboration underpins WeRide’s Level 4 autonomous vehicle development — meaning the car drives itself with no human needed under specific conditions.

Southeast Asia Expansion With Grab

WeRide is leaning on its partnership with Grab Holdings to push into Southeast Asia. Grab, which is also a WeRide shareholder, will be the ride-hailing platform through which the robotaxi service is offered in the region.

The two companies have already begun autonomous vehicle trials in Singapore’s Punggol district. Public robotaxi services are expected to go live on April 1.

Singapore is the entry point, but WeRide has wider regional ambitions through the Grab tie-up.

On the fleet side, WeRide is targeting more than 2,600 active robotaxis globally by the end of 2026. The longer-term goal is to scale to tens of thousands of vehicles by 2030.

Stock Performance and Analyst Views

WRD stock was trading higher in premarket on Tuesday following the announcement. That said, the stock’s broader picture is rougher.

Over the past 12 months, the stock has dropped 63.46% and is sitting closer to its 52-week low than its high. It’s currently trading 4.4% below its 20-day SMA and 21.2% below its 100-day SMA.

The RSI sits at 39.47, in neutral territory. The MACD is showing a potential bullish crossover, which some traders watch as a sign of near-term upward momentum.

Key resistance is at $7.00, with support at $6.00. The stock was last trading around $6.56.

Analysts remain constructive on the name despite the price weakness. The consensus is a Buy, with an average price target of $22.16.

Bank of America initiated coverage with a Buy and a $12.00 target in December 2025. Citigroup started coverage with a Buy and a $15.50 target back in September 2025.

WeRide carries a 4.83% weight in the Roundhill Robotaxi, Autonomous Vehicles & Technology ETF (CABZ).

The Singapore public robotaxi launch with Grab is set for April 1, 2026.

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