WeRide Inc (WRD) Launced its First Fully Driverless Robobus in Singapore

WeRide Inc. (NASDAQ:WRD) is one of the Most Promising New Technology Stocks According to Wall Street AnalystsOn July 17, WeRide Inc. (NASDAQ:WRD) announced the launch of its first fully driverless Robobus at Resorts World Sentosa, Singapore. The Robobus operates entirely without a safety officer on board, making it the first of its kind in Southeast Asia.

The launch comes after a full year of safe, incident-free service with tens of thousands of passengers transported. The Robobus received approval from Singapore’s Land Transport Authority after passing strict tests and safety checks. The Robobus will serve fixed routes and connect key sites like Equarius Hotel, Hotel Michael, Hotel Ora, and The Galleria on a 12-minute loop.

WeRide Inc (WRD) Launced its First Fully Driverless Robobus in Singapore

A pick-up and delivery truck speeding down a busy city street.

WeRide Inc. (NASDAQ:WRD) is a global leader in autonomous driving technology. It develops and operates self-driving vehicles, including Robotaxis, Robobuses, Robovans, and Robosweepers for smart mobility.

While we acknowledge the potential of WRD to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than WRD and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.