WeRide Vows to Boost Spending to Bring Robotaxis to the World

WeRide, a Chinese autonomous driving company, has announced plans to increase its spending despite ongoing losses. The company's focus is on ambitious international expansion, aiming to bring its robotaxi services to the global market. The article states that WeRide is willing to incur continued losses in the short term, as it believes its expansion strategy will ultimately lead to profitability. The company's goal is to establish a strong presence in the autonomous driving industry worldwide, leveraging its technological advancements and expertise. While the article does not provide specific financial figures or timelines, it suggests that WeRide is confident in its ability to overcome current challenges and become a leading player in the rapidly evolving autonomous vehicle industry. The company's willingness to invest heavily in its growth plans reflects its long-term vision and belief in the potential of its technology to transform the transportation landscape globally.