Qiming Venture Partners Portfolio Company WeRide Partners with Chery Automobile, Jin Jiang Taxi to Launch Driverless L4 Robotaxi Ride-Hailing Service in Shanghai

During the 2025 World Artificial Intelligence Conference (WAIC), Shanghai officially launched a new batch of intelligent connected vehicle demonstration operations. Qiming Venture Partners portfolio company WeRide (NASDAQ: WRD) partnered with Chery Automobile and Jinjiang Taxi to obtain approval for regulation-based, safety-driver-free public road autonomous ride-hailing demonstration services in Shanghai's Pudong New Area. This also marks the entry of WeRide-enabled Chery Robotaxi into Shanghai — WeRide's 10th global city — fully demonstrating the company's solid autonomous driving technical capabilities and efficient global deployment capacity.

At the conference's "Intelligent Mobility Without Boundaries · AI Drives the Future" L4 intelligent connected vehicle experience event, the three parties brought the only frontline mass-produced L4 autonomous vehicle shuttle service on site. The service covers major transportation hubs and cultural landmarks including Shanghai World Expo Center, Jinqiao, Huamu, Shanghai Pudong International Airport, and Shanghai Disney Resort. Shanghai residents, tourists, and conference attendees can book rides anytime through the "Jinjiang Zhixing" WeChat mini program.

The tripartite cooperation of WeRide, Chery Automobile, and Jinjiang Taxi launches Robotaxi shuttle service at WAIC

WeRide is a pioneer and leader in the Robotaxi field. Chery Automobile, as one of China's earliest homegrown brands to surpass one million units in annual sales, has consistently adhered to technological innovation and market expansion. Its premium new energy brand EXEED continues to intensify its "intelligentization, connectivity, and electrification" transformation strategy, making continuous breakthroughs in electrified platform architecture and other domains. This has laid a solid foundation for the two parties' collaboration in developing a new generation of mass-produced Robotaxi.

Integrating their respective strengths, the two parties first unveiled the new generation frontline mass-produced Robotaxi model — CER at the 2025 Shanghai Auto Show, based on WeRide's WeRide One autonomous driving general-purpose technology platform and EXEED's Exlantix ET vehicle architecture platform.

The new generation frontline mass-produced Robotaxi model CER, jointly developed by WeRide and Chery Automobile's EXEED Exlantix

The model exhibited by both parties at WAIC is precisely this frontline mass-produced Robotaxi CER. CER is equipped with WeRide's self-developed HPC high-performance computing platform and Sensor Suit 5.6 sensor suite, featuring over 20 sensors including high-performance low-cost LiDAR, high-definition high-dynamic-range cameras, and RTK high-precision integrated inertial navigation modules. It incorporates five redundant safety designs (steering redundancy, braking redundancy, parking redundancy, communication redundancy, and power supply redundancy) for comprehensive safety assurance. Combined with the Exlantix ET model's spacious interior and ultra-long range, it can fully satisfy long-distance, all-scenario, high-frequency unmanned mobility needs across full scenarios.

WeRide-enabled Chery Robotaxi providing shuttle service during WAIC

Since its founding in 2017, WeRide has consistently led the industry in Robotaxi technology R&D and commercial deployment, becoming the first to achieve Robotaxi operations or testing in 9 cities across 3 countries. Its footprint now covers multiple global cities including Beijing, Guangzhou, Nanjing, Suzhou, Ordos, Abu Dhabi, Dubai, Riyadh, and Zurich, with over 2,000 days of safe operations.

WeRide Robotaxi in cities around the world

Going forward, WeRide will continue to collaborate with partners from across the globe to accelerate Robotaxi technology optimization, commercial deployment, and service upgrades, helping cities worldwide advance toward a new era of intelligent transportation.

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Qiming Venture Partners was founded in 2006. The firm currently manages 11 USD funds and 7 RMB funds, with total assets under management reaching $9.5 billion. Since inception, Qiming Venture Partners has focused on investing in outstanding early and growth-stage companies in the Technology and Healthcare sectors.

To date, Qiming Venture Partners has invested in over 580 high-growth innovative companies, of which more than 210 have gone public on the New York Stock Exchange, NASDAQ, Hong Kong Exchanges and Clearing Limited, Shanghai Stock Exchange, and Shenzhen Stock Exchange, or exited through M&A and other means. Over 80 portfolio companies have become recognized unicorns or super-unicorns in their respective industries.

Many Qiming Venture Partners portfolio companies have grown into the most influential companies in their fields, including Xiaomi (01810.HK), Meituan (03690.HK), Bilibili (NASDAQ: BILI, 09626.HK), Zhihu (NYSE: ZH, 02390.HK), Roborock (688169.SH), UBTECH (09880.HK), WeRide (NASDAQ: WRD), Insta360 (688775.SH), Gan & Lee Pharmaceuticals (603087.SH), Tigermed (300347.SZ, 03347.HK), Zai Lab (NASDAQ: ZLAB, 09688.HK), CanSino Biologics (688185.SH, 06185.HK), Schrödinger (NASDAQ: SDGR), MicroPort EP MedTech (688617.SH), Sanyou Medical (688085.SH), Amoy Diagnostics (300685.SZ), Berry Genomics (000710.SZ), GenScript ProBio (688520.SH), Yuanxin Technology, Insilico Medicine, MediLink Therapeutics, LaNova Medicines, Zhipu AI, StepFun, Biren Technology, and others.