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<Research>CMS Initiates Coverage on WERIDE-W (00800.HK) w/ Rating at Overweight as Global Robotaxi Sector Enters Turning Point
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WERIDE-W (00800.HK) is a technological pioneer and commercial first-mover in the global L4 autonomous driving sector, according to China Merchants Securities (CMS)'s research report.

The global robotaxi industry is currently at a turning point, and the Company is poised to expand its competitive advantage through its superior overseas commercialization, comprehensive product matrix layout and technological & hardware reserves.

CICC was optimistic about the Company's positioning and growth potential in the robotaxi industry, and initiated coverage on WERIDE-W with rating at Overweight.
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