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The robotaxi leader’s latest financial report shows its losses remained stubbornly high in the first half of this year, despite a substantial revenue increase image credit: Bamboo Works Key
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The robotaxi operator has even achieved single-vehicle profitability in Guangzhou and Shenzhen, but high R&D and depreciation costs are undermining its high valuation image credit: Bamboo Works Key
Read original at benzingaAI spending continues reshaping technology as Nvidia, AMD, Cisco, Intel and semiconductor companies announce new investments, partnerships and infrastructure initiatives.
Read original at benzingaWeRide (NASDAQ: WRD) stock falls despite Q2 revenue surging 92% to $34.15M, driven by global Robotaxi expansion and record gross margins.
Read original at benzinga