WeRide Wins Dubai World Challenge for Self-Driving Transport, Secures Robotaxi Trial Permit

WeRide Inc. (NASDAQ:WRD) is one of the oversold tech stocks to invest in. On September 26, WeRide announced that the company recently achieved a significant milestone in its global expansion and secured first place and ~$900,000 in prize money at the 2025 Dubai World Challenge for Self-Driving Transport. The achievement highlights the company’s technological competence, with its joint project with Deutsche Bahn integrating a self-driving taxi and a self-driving bus outperforming competitors.

The award was announced at the 2025 Dubai World Congress for Self-Driving Transport/DWC and comes as part of Dubai’s ambitious push toward becoming a global hub for smart mobility for a quarter of all travel to be self-driving by 2030. In conjunction with this competition win, WeRide also received a self-driving vehicle trial permit from the Dubai Roads and Transport Authority/RTA to begin Robotaxi GXR trials in the city.

WeRide Wins Dubai World Challenge for Self-Driving Transport, Secures Robotaxi Trial Permit

WeRide intends to initially deploy 50 Robotaxi GXRs in Dubai, with a larger goal of expanding its Middle East fleet to 1,000 vehicles and ultimately deploying tens of thousands of Robotaxis by 2030. This makes Dubai the 11th city worldwide and the second in the UAE to deploy WeRide Robotaxis, following operations in Abu Dhabi.

WeRide Inc. (NASDAQ:WRD) operates as a mover in the autonomous driving industry and a robotaxi company. Its One platform provides autonomous driving products and services that address various transportation needs across a range of use cases on the open road.

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