WeRide (WRD) Soars 12% on Global Expansion

We recently published 10 Big Names With Explosive Growth. WeRide Inc. (NASDAQ:WRD) is one of the best performers on Wednesday.

WeRide saw its share prices grow by 12.04 percent to close at $12.38 apiece as investors snapped up positions in robotaxi companies amid overall optimism for the industry, supported by its recent expansion in the UAE.

WeRide Inc. (NASDAQ:WRD) rallied alongside its counterparts, such as Pony AI and Mobileye Global, supported by growing optimism for autonomous driving on the back of government polices and increased adoption of the sector in various countries globally.

For its part, WeRide Inc. (NASDAQ:WRD) just last week announced its expansion plans into its third city in the UAE with the pilot test of its Robotaxi GXR and Robobus in Ras Al Khaimah.

In partnership with the Ras Al Khaimah Transport Authority (RAKTA), WeRide Inc. (NASDAQ:WRD) expects to kick off commercial operations in early 2026, during which services will be supported by a safety officer on board and slowly transition to fully driverless operations upon regulatory approval.

According to WeRide Inc. (NASDAQ:WRD), it is the first and only autonomous vehicle company with active operations in Ras Al Khaimah, pioneering advanced mobility in the said area.

While we acknowledge the risk and potential of WRD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than WRD and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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