WeRide Achieves Dual Primary Listing, Pioneering the Public Robotaxi Era Across Hong Kong and the US
Dual Listing Establishes WeRide as a Global Leader in Autonomous Driving
In a significant move for the autonomous vehicle sector, WeRide has listed its shares on the Hong Kong Stock Exchange (HKEX) under the code 0800.HK, while maintaining its presence on the NASDAQ (WRD). This milestone makes WeRide the first Robotaxi company to hold dual primary listings on both the Hong Kong and US stock exchanges, firmly anchoring its global leadership in self-driving technology and smart mobility solutions.
Strategic Capital Raise Fuels Technology and International Growth
WeRide’s Hong Kong listing saw the company issue 88.25 million shares (pre-greenshoe), with an offer price of HKD 27.10 per share. This resulted in a total capital raise of approximately HKD 2.39 billion before any additional shares are sold through the greenshoe option. Of these shares, 17.65 million were publicly offered, and 70.60 million were placed internationally, broadening WeRide's global investor base and access to fresh capital for technology investment and international fleet expansion.
| Shares Issued (Pre-Greenshoe) | Offer Price (HKD) | Total Capital Raised (HKD) | Public Offering (Shares) | International Placement (Shares) |
|---|---|---|---|---|
| 88,250,000 | 27.10 | 2,390,000,000 | 17,650,000 | 70,600,000 |
Leadership Confidence Reflected by Founder’s Three-Year Lock-Up Commitment
Dr. Tony Han, WeRide’s Founder and CEO, reinforced leadership’s commitment by voluntarily agreeing not to sell any of his shares for at least three years. This bold lock-up underscores both management’s confidence in the company’s vision and a belief in WeRide’s potential for long-term growth.
First-Mover Advantage in Global Robotaxi and Autonomous Vehicle Deployment
WeRide’s international expansion is marked by unique achievements: it is currently the only company with autonomous driving permits in seven countries, and its fleet—over 1,500 Level 4 vehicles, including 700+ Robotaxis—is active in more than 30 cities across 11 countries. In partnerships with major industry players such as Uber in Abu Dhabi, WeRide now operates the largest commercial Robotaxi fleet outside China and the US, maintaining a competitive lead of at least 1.5 years in markets like the Middle East and Singapore.
| Countries with Permits | Cities Deployed | Total L4 Vehicles | Robotaxis Operated | Partnership Highlights |
|---|---|---|---|---|
| 7 | 30+ | 1,500+ | 700+ | Uber, Grab, Bosch, NVIDIA, Renault-Nissan |
Technology and Industry Collaboration Set the Stage for Further Expansion
Powered by the proprietary WeRide One platform, the company delivers a full range of autonomous mobility and logistics solutions, including Robotaxis, Robobuses, Robosweepers, Robovans, and ADAS. WeRide’s end-to-end simulation engine, GENESIS, accelerates technology iteration, helping the company scale its commercial fleet efficiently and safely. Industry partnerships and joint R&D with leading companies such as Bosch, Uber, and Grab emphasize WeRide’s robust ecosystem and forward momentum.
Recognition Underscores Impact and Ambition
WeRide’s technology and global reach have earned it international recognition, being the only autonomous driving company featured twice on Fortune’s Change the World and Global Future 50 lists, with a standout ranking as the highest Chinese company in the latest Future 50 edition.
Outlook: Laying the Foundation for a Smarter, Autonomous Urban Future
WeRide’s successful dual primary listing provides access to broader capital markets, strategic partnerships, and fresh capital, positioning the company to advance the scale and commercial adoption of autonomous vehicles worldwide. With plans to deploy tens of thousands of Robotaxis by 2030 and continued focus on global R&D and commercialization, WeRide’s ambition signals a major transformation for urban mobility and logistics.
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