Weride Inc ADR WRD

$WRD 🇫🇷 WeRide just launched road testing in Chateauroux with Keolis and Renault. Operational by EOY. Keolis runs ~24,000 buses , and contracts 300 Public Transport Authorities globally to operate these transit networks. A $7B revenue global transit company. A likely step up to secure an initial 100+ bus potential tender in Paris, through another PT giant RATP. But good news won’t stop this stock from falling further. Market behaves irrational.

$WRD half of the mcap IS cash this a ridicule price 7/8$ minimum target here

$WRD 🇫🇷 Chateauroux Another step toward public transport deployment in France. Keolis began testing an autonomous shuttle in central Châteauroux in late September. Public service is targeted before year-end, on a 5 km route between Place Voltaire and Balsan’éo. Transport trade press identifies the vehicles as WeRide shuttles. The potential value is a working reference for further deployments with Keolis: Autonomous vehicles serving an actual urban transport route. Also, Île-de-France Mobilités (Paris) announced its plan on 10 Sept: • Competitive tendering in 2027. • 1st vehicle operating in early 2028, with around 20 minibuses and small coaches planned for the pilot. • Expansion to 100+ vehicles by 2030. • The strongest connection is the proposed structure: autonomous driving software integrated into a European vehicle platform, supported by a supervision centre. That fits Renault - WeRide - Beti The Chateauroux service has yet to launch. Encouraging deployment progress.

$WRD . Damn near a scam ! All them partnerships not producing any meaningful revenue any time soon. If you are not a bagholder, don’t become one. Tomorrow’s promises are not guaranteed revenue.

$WRD A thesis on why it made sense to buy WRD when you did and what went wrong on the thesis from my point of view and my own case study. Part 1 of several parts. My numbers are msotly from memory so they may be a bit diff, but not by much. The points I make matter, not the actual numbers. Everyone that bought WRD expected a very different outcome for a company that started its IPO with 10K Intent Orders for 4 diff L4 AV covering 20-30 cities from 7 -8 countries with 4 driver less permits. The 4 AV were already developed, expensed and authorized for deployments (bus, van, sweep and taxi. The competitor AV companies had one AV for one country with 1 driver less permit. The Pre IPO Filing said Weridie was the only AV company with that large a market and that number of L4 AV options. That was a true statement. You, like me, expected a better deployment post IPO on that data.

$WRD https://youtu.be/pQLW_LcAjmg?is=4rRb0fFaHlK9bBbO

$WRD Interesting WRD 3.0 volume indicator from GAC. The new Trumpchi Yue 7 received 16,815 orders in just the 1st 30 min after launch. Pre-sale demand was heavily skewed toward AWD, at 88%. Important distinction: that does NOT mean 88% are WRD 3.0 units! The Yue 7 comes in 4 trims. The full advanced-driving configuration, including LiDAR, is tied to the top AWD Ultra trim. We therefore need the Ultra share before translating orders into potential WRD 3.0 deliveries. But the potential order pool is also larger than ~17K. That number only captures the first 30 min after launch on Sept 22. GAC's launch promotion remains open through October 7, offering benefits worth up to RMB56,000, provided vehicles are delivered by Dec 31, 2026. To watch: -Total Yue 7 orders accumulated through Oct 7. -The share going to the WRD 3.0-equipped Ultra trim. With deliveries already underway nationally, the Yue 7 could become a meaningful Q4 contributor toward WeRide's 100K+ WRD 3.0 delivery target for 2026.

$WRD the below graphic shows the darkside post IP trhoug hQ2 2026. What are the upsdies going forward. 1. Guidance for full year profitability in 2029. 2. Guidance for 1st profitable qtr in 2028 (my assumption is that comes in Q4). 3. Guidance for 100K ADAS builds in 2026 (70K left into YE, 35K per qtr). 4. Guidance for 500K ADAS builds for 2027. 5.Guidance for full year 2026 AV of 5,000 (1,600 more by YE per Q2 comments at 800 more taxis and 800 more AV or 400 of each per qtr for Q3 and Q4). 6. 100 Sweeps to hit this year in China on a 3 year P.O. 7. GRAB adds 40 more taxis in next 2 months. So WeRide has 9 more qtr to get to full year profitability. Revenue will need to ramp each qtr and net losses will need to narrow by $7MM per qtr to erase the current net loss. YTD 2026 revenue in not on track bcs Q1 was so small. Q2 picked up. The above numbers suggest YE will track for the required 2026 revenue growth. They must collect on the A/R issue. That open balance is deadly. It's doable.