Everbright Securities initiated coverage on WERIDE-W (00800) with a "Buy" rating, forecasting revenues of RMB 587 million, RMB 1.131 billion, and RMB 2.017 billion for 2025–2027, citing the company's unique positioning and premium potential. In H1 2025, WERIDE-W reported revenue of RMB 200 million, up 32.8% YoY, with product revenue surging 230% to RMB 70 million and service revenue stable at RMB 130 million. Gross profit rose 11.5% to RMB 60 million.

Key drivers for Robotaxi scalability include cost optimization—through falling LiDAR costs, remote safety officer models reducing labor expenses, and energy-efficient electric drivetrains—and supportive policies like China’s revised autonomous driving regulations, which permit L4收费 operations in five cities, including Shanghai, and key zones in Beijing. Abu Dhabi and San Francisco’s policies further accelerate commercialization. Frost & Sullivan projects the global Robotaxi market to hit $66.6 billion by 2030.

WERIDE-W, the only firm with autonomous licenses across seven countries, operates in 30 cities globally. Its five core product lines (Robotaxi, Robobus, Robovan, Robosweeper, ADAS) serve smart mobility, logistics, and sanitation. Near-term focus is on high-value Middle Eastern markets (Abu Dhabi, Dubai, Riyadh), where Uber partnerships are expanding fleets. CIC estimates the region’s Robotaxi fleet will exceed 30,000 by 2030.

The HPC 3.0 hardware upgrade boosts AI算力 to 2000 TOPS, cuts lifecycle costs by 84%, and meets AEC-Q100 standards, enabling scaled operations. Q2 2025 Robotaxi revenue jumped 836.7% YoY to RMB 50 million, with Abu Dhabi’s fleet tripling since December 2024, signaling sustained growth potential.