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Nvidia-Backed WeRide Just Scored a Major Robotaxi Win. Should You Buy WRD Stock Now?

WeRide Nvidia WRD Tencent Uber autonomous vehicle Tencent Cloud

The competition in the autonomous vehicle industry is intense in 2025, and WeRide (WRD) is making headlines after deepening its robotaxi partnership with Tencent (TCEHY) to speed up the commercial launch of Level 4 self-driving cars. This step comes as the global robotaxi market is set for major growth, expected to jump from $1.19 billion in 2024 to $2.01 billion in 2025, which is a 69% annual increase according to the latest industry data.

WeRide’s progress is also supported by Nvidia (NVDA), which revealed a stake in the company earlier this year. That news alone sent helped WRD shares to more than double.

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