AI Index / WeRide Inc.
WeRide Inc. (WRD)
Main revenue sources: 1) Service revenue (ride-fare revenue share, annual AV software licensing, autonomous operations/technical services, intelligent data services) – AI directly powers all via L4 stack and world model. 2) Product revenue (sales of robotaxis/robobuses; L2+/ADAS WePilot 3.0 with OEMs) – AI directly embedded (end-to-end ADAS, autonomy hardware/software). Geographies include China, Middle East, Europe; platforms include Uber/Grab. Robotaxi service utilization and permits drive recurring AI software/licensing growth. Overall, revenue is overwhelmingly from AI-native autonomy products and services.
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The core of WeRide is really the AI technology. WeRide since day 1 has been an AI company, and we hire so many top talents and set up our company for the fast iteration in the AI algorithm.
- Xu Han
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Quotes from weride Executives About Artificial Intelligence and Generative AI
Our ability to massively deploy both L4 and L2++ level mass production vehicles helps us to gather data more efficiently and make our algorithm more generalizable.
- Xu Han
One of our very midterm goal is trying to reach profitability at the same time, maintain a strong market share. With our current progress, I think I'm very optimistic because I have already seen the success of the Abu Dhabi model.
- Xu Han
This is our world model, and it's seamlessly integrated with our end-to-end system. Our world model can be seamlessly integrated into end-to-end ADAS system and our L4 system can leverage on the data we collected from our L2 level data.
- Xu Han
The technology has been there. We have used deep learning algorithm based on large language model, a lot of data. But all of this, I want to say, it's based on our past 8 years' experience.
- Xu Han
The substantial data we have collected from L2++ system is helping us strengthen our L4 system, making our autonomous fleet safer and more efficient.
- Xu Han
So this Genesis form as the core flywheel, actually, we call it a double flywheel. We can actually leverage on L2++ level massive production car data to improve our robotaxi.
- Xu Han