BREAKING
WeRide Q2 Sales Beat Estimates
0
%
YoY revenue
0
%
Gross margin
0
%
Overseas YoY
China Demand, Europe Push
1
China rides +140% QoQ
↓
2
Madrid Uber pilot
↓
3
Zurich & Denmark
↓
4
60+ cities, 13 countries
Fleet Scale Meets ADAS Boom
Robotaxis
1800
L4 fleet
3400
WRD 3.0 units
30000
Growth Versus Cash Burn
Bull case
Strengths
●
Rides over 21 per day
●
Gross margin 37.5%
●
Overseas +164% YoY
Bear case
Risks
●
Loss ~RMB401M
●
R&D exceeds sales
●
Profit still distant
AI NEWS BLITZ
AI NEWS BLITZ
WeRide topped second-quarter sales expectations as China robotaxi demand surged.