WeRide Named to Fortune Future 50 List, Recognizing Global Leadership in Autonomous Driving Tech

New York, December 2nd, 2024 - Fortune released its 2024 Fortune Future 50 List today. WeRide Inc. (“WeRide” or the “Company”) (Nasdaq: WRD), a global leader and a first mover has been named to the prestigious list. The Fortune Future 50 ranks the world's top public and private companies with the best long-term growth potential, assessing factors like strategic orientation, technology and investments, people, and structure. OpenAI, Shopify, Nvidia, Reddit and other renowned companies are among the list as well.

WeRide is the highest ranked autonomous driving company on The Fortune Future 50 list. WeRide's inclusion on the list comes on the heels of the company's successful Initial Public Offering and Nasdaq listing in October 2024. WeRide became the world's first publicly listed robotaxi company and the first publicly listed universal autonomous driving technology company, raising $458.5 million through the IPO and a concurrent private placement. "We are honored to be recognized by Fortune as one of the companies with the greatest long-term growth potential," said Tony Han, Founder and CEO of WeRide. "This accolade is a testament to the hard work and innovation of our team, as well as the transformative potential of our autonomous driving technology. As we continue to scale our operations and expand our global footprint, we remain committed to delivering safe, reliable, and accessible autonomous driving solutions that will shape the future of mobility." The Fortune Future 50 list was created in 2017 through a collaboration between Boston Consulting Group and Fortune Magazine. The ranking assesses the long-term revenue growth prospects of more than 2,800 publicly traded companies with at least $5 billion in market value as well as more than 170 privately held firms with at least $1 billion in funding since inception, using a proprietary "vitality index" that evaluates factors like strategic orientation, technology and investments, people, and structure. Companies that make the list have consistently outperformed the broader market in revenue growth. WeRide's inclusion on the 2024 Fortune Future 50 list underscores the company's position as a global leader in the autonomous driving industry. In September 2023, WeRide was also recognized as one of the "2023 Change the World" companies by Fortune, ranking among the top ten on the prestigious list. With its cutting-edge WeRide One autonomous driving platform, WeRide provides a comprehensive suite of autonomous driving products and services, from Level 2 to Level 4 capabilities, addressing a wide range of transportation needs across the mobility, logistics, and sanitation industries. The company's innovative technology, coupled with its strong commercial partnerships and global footprint, position WeRide for continued growth and leadership in the rapidly evolving autonomous driving landscape.