WeRide's GXR Robotaxi Launches First Fully Driverless Commercial Service In Beijing: Details

Chinese autonomous startup WeRide Inc’s WRD stock surged Monday after the company received approval to deploy its latest Robotaxi, the GXR, for fully driverless ride-hailing services in Beijing.

This milestone marks the company’s second Robotaxi model to operate without a safety driver in the city and GXR’s first major commercial rollout in China, following its debut on Uber’s platform in Abu Dhabi last December.

The GXR Robotaxi operates in key areas of the Beijing Economic-Technological Development Zone, including high-speed railway stations. It is approved for highway routes, such as those to Beijing Daxing International Airport.

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WeRide said it is the only autonomous driving technology company with commercial Robotaxi operations in China and abroad. Its services are available in multiple cities, including Beijing, Abu Dhabi, and, soon, Zurich in 2025. Following the GXR’s commercial launch, WeRide aims to expand its Beijing fleet to several hundred vehicles by 2025.

Two weeks ago, WeRide announced significant developments, including Nvidia’s investment in the company, with the tech giant acquiring 1.74 million shares by the end of December. This follows WeRide’s partnership with Uber last December to launch a large-scale Robotaxi service in Abu Dhabi, Uber’s biggest outside the U.S. and China.

Price Action: WRD shares are trading higher by 2.99% at $25.15 at the last check Monday.

Photo Source: WeRide Inc.