US Stock Market Move | Swiss autonomous driving pilot commercial project launched, Wernher Robotics (WRD.US) rises over 4% before market open.
15/01/2025
GMT Eight
On Wednesday, WeRide Technologies (WRD.US) pre-market stock rose by over 4%, reaching $12.81 per share. WeRide Technologies announced on January 14 that a Swiss innovative autonomous driving pilot commercial project, funded jointly by the Zurich State and the Swiss National Railway SBB, managed by the Swiss Transport Laboratory (STL), and supported by WeRide Technologies, has officially launched.
According to the plan, the project will gradually introduce dozens of autonomous driving vehicles in stages, including autonomous driving taxis (Robotaxi) and autonomous driving minibusses (Robobus). During the testing phase, two autonomous driving vehicles equipped with WeRide Technologies will be put into use. The first fleet of autonomous driving vehicles is scheduled to start operation in the second quarter of 2025, with up to four vehicles deployed and operated in fully autonomous mode for up to 5 years. By 2026, the fleet is expected to add another 8 autonomous driving vehicles and further expand in the future.