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Barchart
Barchart
Aditya Raghunath

This Under-$10 Stock Just Reported a 700% Surge in Robotaxi Revenue. Should You Buy Shares Here?

Valued at a market cap of $2.8 billion, WeRide (WRD) provides autonomous driving products and solutions for mobility, logistics, and sanitation industries. Its product categories include robotaxis, robobuses, robovans, and robosweepers. The China-based company also offers advanced driver-assistance system solutions, and the WeRide Go app, an online ride-hailing platform. 

WeRide stock rose nearly 15% last week after the autonomous vehicle company delivered explosive third-quarter results, demonstrating its robotaxi business is gaining momentum. 

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