autonomous driving
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Huawei Executive Richard Yu Mistaken for Asleep at Wheel by Passerby, Instantly Responds with Window Roll-Down
A viral video of Huawei’s Richard Yu in an AITO M8, appearing momentarily distracted while driving, has sparked debates on autonomous vehicle safety and driver responsibility. Captured in Beijing on May 26, the footage shows a bystander questioning Yu’s alertness, prompting mixed social media reactions—some defending his workload, others speculating about technology testing. Analysts link the incident to Huawei’s push in China’s competitive EV market, where its cars claimed 12% of Q1 2024 new energy sales. Amid warnings from safety experts about required driver supervision for ADAS systems, the publicity may benefit Huawei’s automotive division, projected to see 40% revenue growth to $2.8 billion this year.
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WeRide Reports Robust Q1 Financial Performance and Approves $100 Million Stock Repurchase Program
In Q1 2025, WeRide reported RMB72.44 million ($10.1M) revenue and a 35% gross margin, with Robotaxi revenue surging 22.3% to RMB16.1M. The company expanded its Uber partnership, securing a $100M strategic investment and launching a $100M share buyback. Milestones included France’s first fully driverless permit, licenses across five countries, and an autonomous minibus pilot in Spain with Renault. Domestically, it tested Robovan W5 in Guangzhou’s smart city hub and launched a 24/7 autonomous ride-hailing network. The CFO emphasized scalable tech and global growth, as analysts highlighted WeRide’s dual regulatory-commercial strategy targeting a projected $2 trillion autonomous mobility market by 2040.