WeRide's Driverless Robobus Approved In Singapore
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 17 2025
0mins
Source: Benzinga
WeRide Launches Driverless Robobus: WeRide Inc. has launched fully driverless Robobus operations at Resorts World Sentosa in Singapore, marking the first autonomous vehicle in Southeast Asia to operate without a safety officer after receiving clearance from the Land Transport Authority.
Expansion and Innovation in Autonomous Vehicles: The company is also deploying autonomous sanitation vehicles in various urban areas and has partnered with Uber for an autonomous vehicle pilot in the Middle East, highlighting its strategy to expand globally and contribute to Singapore's public transport network by 2025.
Analyst Views on WRD
Wall Street analysts forecast WRD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WRD is 14.77 USD with a low forecast of 12.00 USD and a high forecast of 17.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 9.050
Low
12.00
Averages
14.77
High
17.00
Current: 9.050
Low
12.00
Averages
14.77
High
17.00
About WRD
WeRide Inc is a holding company mainly engaged in the commercialization of autonomous driving technology. The Company mainly operates three businesses. The company sells autonomous driving vehicles, primarily including robobuses, robotaxis and robosweepers, and related sensor suites. The Company provides autonomous driving related operational and technical support services. The Company also offers other technology services, including advanced driver-assistance system (ADAS) research and development services, and intelligent data services. The Company's autonomous driving products and solutions are available in multiple countries including China, the United Arab Emirates, Saudi Arabia, Switzerland, France, Singapore and Japan.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
