Month: October 2026

• WeRide establishes a global insurance partnership program, with Allianz Insurance Singapore and Ping An P&C Insurance as inaugural partners
• The program will support the responsible deployment of tens of thousands of WeRide autonomous vehicles worldwide
• Partners will jointly develop tailored coverage for driverless operations and streamline insurance protocols as deployments scale.
• This program further expands WeRide’s global partnership ecosystem across OEMs, mobility platforms, fleet operators, infrastructure and insurance providers.

GUANGZHOU, China, Oct. 27, 2026 (GLOBE NEWSWIRE) — WeRide (NASDAQ: WRD, HKEX: 0800), a global leader in autonomous driving technology, today announced the launch of its global insurance partnership program to support the expansion of autonomous driving services worldwide, spanning existing deployments in China, Southeast Asia and the Middle East, as well as upcoming launches in broader Europe.

WeRide has established its global insurance partnership program with Allianz Insurance Singapore Pte. Ltd. (“Allianz”) and Ping An Property & Casualty Insurance Company of China, Ltd. (“Ping An P&C Insurance”) as inaugural partners. The program brings together leading insurance expertise across international and Chinese markets with WeRide’s advanced autonomous driving technology and operational experience. A critical foundation for real-world autonomous vehicle deployment, the global insurance program is designed to support WeRide’s global expansion across diverse regulatory and operating environments.

Under this strategic initiative, WeRide and its partners will co-develop tailored insurance solutions covering the full lifecycle of L4 vehicle operations, including motor liability, commercial general and product liability, and privacy and cybersecurity risks, in accordance with local requirements. Over time, long-term partnerships, centralized insurance programs and greater fleet scale are expected to improve insurance efficiency and support stronger unit economics.

Real-world operations and insurance risk-management practices demonstrate the strong safety performance of WeRide’s Robotaxis. Its technological strengths in risk detection, driving decisions and safety control continue to advance, offering a promising approach to addressing the uncertainties of human driving and improving road safety.

WeRide’s Robotaxi GXR in Abu Dhabi, insured by Ping An P&C’s locally compliant insurance solutions

Beyond providing risk protection, insurance plays an important role in enabling autonomous driving to scale safely and commercially. WeRide’s operational experience and track record across diverse markets provide a strong foundation for collaboration with insurance partners as the company expands its driverless services.

Allianz Insurance Singapore is the third-largest motor insurer in Singapore by gross written premiums as of Q2 2026 and a major insurance partner for WeRide’s autonomous vehicle operations in Singapore. Allianz was the first insurer in Singapore to insure a fully driverless autonomous vehicle through WeRide’s Robobus service at Sentosa. Allianz subsequently expanded coverage to WeRide Robotaxis deployed with Grab as part of the Ai.R autonomous shuttle service in Punggol. As of October 2026, the Ai.R autonomous shuttle service had served more than 13,000 unique riders and accumulated over 135,000 kilometers of autonomous mileage.

WeRide and Ping An P&C Insurance, one of the largest property and casualty insurance companies in China, have developed locally compliant insurance solutions supporting Robotaxi operations in China and the Middle East. These include four of WeRide’s flagship driverless commercial markets globally, including Beijing, Guangzhou, Abu Dhabi, and Dubai, where WeRide has achieved scaled driverless operations. The partnership supports WeRide’s Robotaxi deployments in China and the Middle East, including services provided through WeRide Go and third-party mobility platforms such as Uber and TXAI.

Jennifer Li, CFO and Head of International at WeRide, said: “Our partnerships with leading insurers reflect the strength of WeRide’s technology. Insurance is a critical part of the infrastructure needed to bring autonomous driving to scale globally, and this program strengthens that foundation as we expand into more markets.”

Ong Bi Ying, Chief Executive Officer at Allianz Insurance Singapore, said: “As the first insurer in Singapore to cover a fully driverless autonomous vehicle, Allianz has been at the forefront of understanding and managing the unique risks that come with this transformative technology. Our partnership with WeRide reflects our commitment to enabling innovation responsibly. By co-developing insurance solutions tailored to autonomous vehicle operations, we are helping to build the trust and safety infrastructure that Singapore’s smart mobility future demands. We look forward to deepening this collaboration as autonomous driving scales across the region.”

Hequn Shi, Deputy Secretary of the Party Committee of Ping An P&C Insurance, stated: “As China’s autonomous driving industry goes global, there is an urgent need for matching globalized insurance coverage. This collaboration represents an important practice for Ping An P&C Insurance to support the outbound expansion of China’s autonomous driving industry through its ‘technology + insurance’ services. We aim to leverage insurance’s role in risk identification, loss compensation, and risk mitigation, helping China’s autonomous driving technology achieve safe and steady commercial operations in global markets.”

WeRide currently operates one of the world’s largest autonomous driving fleets, with approximately 3,600 autonomous vehicles globally, including more than 1,800 Robotaxis, across 13 countries and over 60 cities.

Looking ahead, WeRide plans to expand the program to more markets and insurance partners, while exploring tailored approaches to insurance protocols, pricing and coverage models for autonomous vehicles.

About WeRide
WeRide is a global leader and a first mover in the autonomous driving industry, as well as the first publicly traded Robotaxi company. Our autonomous vehicles have been deployed in over 60 cities across 13 countries. We are also the first and only technology company whose products have received autonomous driving permits in nine markets: China, the UAE, Singapore, France, Switzerland, Saudi Arabia, Belgium, Spain, and the US. Empowered by the smart, versatile, cost-effective, and highly adaptable WeRide One platform, WeRide provides autonomous driving products and services from L2 to L4, addressing transportation needs in the mobility, logistics, and sanitation industries. WeRide was named to Fortune’s Change the World lists in 2023, 2025, and 2026, and to the Fortune Future 50 list in 2025.

About Ping An P&C Insurance
Ping An P&C Insurance was founded in 1988 in Shekou, Shenzhen, and has 44 branches and over 3,000 service outlets nationwide, making it the second largest property and casualty insurance company in China by gross written premiums. To date, Ping An P&C Insurance has developed over 1,000 main insurance products, covering auto insurance, accident and health insurance, liability insurance, agricultural insurance, and cargo insurance. In 2025, Ping An P&C recorded total claim payouts exceeding RMB200 billion, providing comprehensive insurance protection services to over 100 million individual and group customers, and has received the industry’s highest rating for consumer rights protection.

About Allianz Insurance Singapore
At Allianz Insurance Singapore, we aim to secure the future and create a positive impact on society and the environment by leveraging our expertise in risk management. As we work toward strengthening our position as one of Singapore’s leading risk solutions providers, we deliver innovative and customer‑focused protection solutions for individuals, SMEs, and mid‑corporate clients – spanning Motor, Home Content, Travel, Personal Accident, Cancer, Hospital Income, and a comprehensive suite of commercial insurance offerings.

Media Contacts
WeRide: pr@weride.ai

Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about WeRide’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in WeRide’s filings with the U.S. Securities and Exchange Commission and announcements on the website of the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release. WeRide does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/44104b5e-0222-4c7a-b173-333833ed4a87

Media Representatives and Influencers from the UAE, Thailand and Indonesia Experience Intelligent Luxury and Driving Performance

WUHU, China, Oct. 27, 2026 (GLOBE NEWSWIRE) — On the morning of October 20, a key event at the 2026 Chery International User Summit, the LUXEED Global Media Test Drive, got underway. A convoy featuring 15 automotive media representatives and key opinion leaders (KOLs) from the United Arab Emirates, Thailand and Indonesia departed from Chery International Headquarters in Wuhu to begin an in-depth, 185-kilometer driving evaluation.

The test fleet comprised LUXEED’s flagship luxury MPV, LLounge, and its high-performance luxury sports model, Stormax. Developed for global markets, both models showcased the brand’s design philosophy, with sculpted forms and carefully considered details that create a distinctive interplay of light and shadow.

Following the departure ceremony, the convoy set off from headquarters and joined public roads to begin the 185-kilometer evaluation. The route combined high-speed expressways with winding mountain roads, allowing participating media representatives and KOLs to assess the performance of LLounge and Stormax across a range of driving conditions.

Along the way, participants evaluated LUXEED’s Navigate on Autopilot (NOA) system and experienced the ride comfort and handling supported by the combination of Dual-Chamber Air Suspension, Continuous Damping Control (CDC) and Vehicle Motion Control (VMC). These technologies were put to the test across mountain curves and intercity highway stretches.

Eighteen media representatives and KOLs from the three target markets, together with six local‑market staff members, took part in both the test drive and follow‑up roundtable discussions. Media participants widely commented that Stormax delivered better‑than‑expected dynamic performance and offered “very pleasant surprises” behind the wheel. They voiced strong confidence in the model’s launch next year and expressed clear anticipation for its market arrival.

After a scheduled rest stop, the convoy continued to Guangde Proving Ground for dynamic performance testing under controlled conditions. Spanning varied road conditions and a professional test circuit, the 185-kilometer drive gave participating media representatives and KOLs the opportunity to experience LUXEED’s intelligent technologies, ride comfort and driving performance firsthand. Through their coverage and first-person accounts, they shared these experiences with audiences in their respective markets and beyond.

Media Contact
LUXEED International
Ms. Wu Yi
Email: wuyi@luxeedinternational.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8b72d3f6-da94-4900-b8ca-19e6246bfed8

Global Intelligent Luxury Mobility Set Sail from Here

WUHU, China, Oct. 27, 2026 (GLOBE NEWSWIRE) — From October 18 to 24, the 2026 Chery International User Summit kicked off in Wuhu, Anhui. Under the theme “High Tech for Our Future Life,” the summit brought together users, partners, and media representatives from numerous countries and regions worldwide, presenting Chery Group’s future-oriented strategic vision and tangible achievements centered on the evolution of mobility in the intelligent era. As a pivotal chapter of the summit, a series of events for LUXEED, the all-new intelligent luxury brand, commenced simultaneously.

Brand Foundation: Redefining Luxury Through Intelligence

LUXEED is an intelligent luxury brand grounded in a global perspective. Anchored by its core pillars of “Extreme Driving Pleasure, Beyond-Class Enjoyment, and Ultimate Intelligence,” and conveying the brand proposition of “I” DRIVE, YOU ENJOY to global pioneers with power, LUXEED is reshaping the luxury mobility experience through intelligent technology.

Dual-Flagship Debut: Illuminating a New Brand Chapter

The LUXEED Global Brand Launch took place on October 21 at Shenshan Intelligent Valley, Wuhu. Centered on the narrative of “New Luxury in the Intelligent Era” and driven by the creative concept of “Enlightenment,” the event unfolded across three key chapters: “Enlightening Resonance, Enlightening Value, and Enlightening the World”—spanning era insights and brand origin, dual-flagship value presentation, to global illumination. Under the theme “INTELLIGENCE, ENLIGHTENED,” the strategic flagship MPV LLounge and performance flagship SUV Stormax made their combined debut on the same stage, alongside the official disclosure of the brand’s global development blueprint.

Exclusive Brand Experiences: Multi-Dimensional Showcase

In addition to the brand launch, LUXEED curated a series of exclusive brand experiences for the summit: on October 20, the media test drive, high-speed track testing at Guangde Proving Ground, and Super Intelligent Valet Parking (SIVP) demonstrations took place consecutively; from October 22 to 23, dynamic test drives, vehicle research sessions at Longshan Proving Ground, and factory tour followed. From real-world road conditions and professional proving grounds to intelligent manufacturing, the brand’s core values of intelligence, luxury, and driving pleasure were presented in multiple dimensions.

Ecological Vision: Synergistic Progress

Throughout the summit, events such as Chery Global Innovation Conference, 2026 AiMOGA Robotics Global New Product Launch Event, Ride Green Life, 2026 Chery International User Carnival unfolded sequentially, outlining Chery Group’s future-oriented industrial ecosystem.

A gathering of the ecosystem; a new journey for the brand. LUXEED will join hands with global users to witness the arrival of a new generation of intelligent luxury mobility.

Media Contact

LUXEED International

Ms. Wu Yi

Email: wuyi@luxeedinternational.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/78042fc1-a21b-4606-b61f-8a4470117854