WeRide Stock Surges Over 10% on New Autonomous Driving License in Belgium
WeRide (WRD) shares accelerated more than 10% Friday after securing a Level 4 autonomous testing permit in Belgium—outpacing the S&P 500's modest 0.5% gain. The Chinese autonomous vehicle specialist becomes the first company to hold driverless testing licenses across seven nations, including the U.S. and UAE.
Belgium's 8-kilometer test route between Heverlee and Leuven marks a strategic collaboration with transit agency De Lijn and local authorities. Level 4 autonomy, as defined by SAE International, enables full self-driving under specific conditions without human intervention.
Market Optimism reflects growing institutional validation for AV technology. WeRide's expanding global footprint—now spanning three continents—positions it as a frontrunner in the race toward commercialized robotaxis and smart public transport solutions.