WeRide posts transcript of Q1 2026 earnings call

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  • WeRide discussed Q1 2026 results on its earnings call attended by Founder, Chairman and CEO Tony Han; CFO and Head of International Jennifer Li.
  • Revenue RMB 114 million, up 58% y/y; gross margin about 35%; net loss RMB 389 million; cash and time deposits RMB 6.18 billion.
  • Global robotaxi fleet about 1,300 by end-April, including about 1,000 in China; overseas fleet about 300; 2026 target 2,600 worldwide.
  • Driverless commercial robotaxi service launched in Dubai with Uber and RTA; Abu Dhabi coverage about 70% of core area; 1,200 Middle East robotaxis targeted by 2027.
  • Management called China’s pause on new self-driving approvals a short-term adjustment; maintained HD map plus multi-sensor approach for L4 while advancing camera-led ADAS via GENESIS.


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