WeRide (WRD): Robobus Received Belgium's First Federal Test Permit For Level 4 Autonomous Shuttle

WeRide Inc. (NASDAQ:WRD) is one of the Oversold Software Stocks to Buy Now. On September 19, WeRide Inc. (NASDAQ:WRD) announced that its Robobus received Belgium’s first federal test permit for the Level 4 autonomous shuttle. As a result, WeRide Inc. (NASDAQ:WRD) is now the only technology company in the world that has products holding autonomous driving permits in 7 countries. These countries include Belgium, China, France, the UAE, Saudi Arabia, Singapore, and the US.

Elsewhere, WeRide Inc. (NASDAQ:WRD) reported Q2 2025 revenue of US$17.8 million, reflecting a rise of 60.8% YoY, showcasing the acceleration of commercial momentum. In Abu Dhabi, the company’s Robotaxi fleet size tripled since December 2024, ramping up regional commercialization and maintaining the largest Robotaxi fleet outside of the US and China. A major driver of WeRide Inc. (NASDAQ:WRD)’s momentum is increased contribution from the Robotaxi business, which has a key role in the revenue mix and overall financial strength.

While we acknowledge the potential of WRD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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