- In June 2026, WeRide Inc. partnered with Geely Farizon and Kwoon Chung Bus to develop right-hand-drive Robotaxis for Hong Kong, aiming for broader global deployment.
- This initiative seeks to expand WeRide’s market footprint despite challenges related to regulatory approvals and ongoing financial losses.
- Projections suggest CN¥6.7 billion revenue by 2029, contingent on significant annual growth, with some analysts forecasting even higher earnings if regulatory trust translates to sustained contracts.
- Geely Farizon has signed a strategic cooperation agreement with WeRide and Kwoon Chung Bus Holdings at the International Automotive & Supply Chain Expo 2026 to jointly develop a right-hand drive robotaxi based on their GXR platform.
- This collaboration aims to introduce commercial robotaxi services in Hong Kong, utilizing each partner's strengths in vehicle manufacturing and autonomous driving.
- The innovative vehicle, specifically designed for right-hand systems, will enhance safety and functionality, with plans to expand to other global markets such as Singapore, the UK, Japan, and Australia.