WeRide Revenue Jumps 82%
In local currency, revenue climbed 82% year over year to 232 million Chinese yuan, driven by growth across L4 autonomous driving, L2/L3 advanced driver-assistance systems and international operations.
Overseas revenue surged 164% and accounted for nearly 40% of total revenue. WeRide recorded growth across the Middle East, Europe and Southeast Asia.
L4 revenue rose 47% to 125 million Chinese yuan, mainly due to higher Robotaxi revenue.
Gross profit jumped 143% to 87 million Chinese yuan. Gross margin hit a record 37.5%, up from 28.1% a year earlier. The improvement reflected growth in higher-margin, asset-light L4 services and a stronger mix of AI services.
