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Benzinga
Benzinga
Business
Anusuya Lahiri

WeRide Lands Grab Investment To Speed Robotaxi Rollout In Southeast Asia

WeRide Grab Nasdaq SouthEast Asia WRD
WeRide-Photo by Tada Images via Shutterstock

WeRide (NASDAQ:WRD) stock gained on Friday after it announced that Grab (NASDAQ:GRAB) will take a strategic equity stake as part of a deeper partnership to speed up the deployment and commercialization of Level 4 Robotaxis and shuttles across Southeast Asia.

The deal, expected to close by mid-2026, supports WeRide’s plan to expand its autonomous vehicle fleet and advance AI-driven mobility in the region.

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