LubberJML
Oct 27, 9:48 AM
$WRD Q3 earn will have total AV deployments on YE targets of 5K AV (2K of those are taxi's with Geely).
These taxi's cost
$40K. A Morgan Stanley note says PONY 2027 builds will be <
$34K.
Baidu. TESLA and PONY taxi's are all lower cost people movers for mass markets. You can do the research to see why, see how they are built diff than WeRide AV and see how they are discounted. It's a fascinating study.
WeRide decided to go its own way and build their taxi's for easier integration into global markets and clears regulations in a better way and have a superior consumer experience that they think people will pay more for.
The GXR has dual sliding doors, larger luggage storage, more leg room and mostly, they have computer overkill for the AV stack.
Tony said he will never sacrifice safety for price bcs killing one passenger is killing WeRide and the AV sector.
This vid was uploaded 9/30. How busy was WeRide during Q3? We'll know next month.
1 of 2
https://www.youtube.com/shorts/D2HOAzThub4
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