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Stock impact report

China Suspends Autonomous Driving Permits After Baidu Outage [Yahoo! Finance Canada]

WeRide Inc. - American Depositary Shares (WRD) 
Last weride inc. - american depositary shares earnings: 11/7 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.wildhorserd.com
Inc.'s Apollo Go robotaxis suddenly stopped in Wuhan last month, stranding passengers and disrupting traffic. Most Read from Bloomberg The incident alarmed authorities, and three agencies including the Ministry of Industry and Information Technology convened a meeting earlier this month with officials from cities that have robotaxis or autonomous-driving pilots, the people said. Regulators called for local governments to conduct a full self-review and enhance safety monitoring to prevent similar incidents, said the people, who declined to be identified because they aren't authorized to speak publicly. The suspension of new licenses prevents self-driving companies from adding new robotaxis to their fleets, starting a new test project or expanding to a new city, the people said. It's not clear how long the suspension will last, the people said. Baidu shares fell 2.8% in Hong Kong trading Wednesday. Rival robotaxi providers Pony AI Inc. and WeRide Inc. also dropped, tumbling 5.5% Show less Read more
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