The week saw significant developments across consumer tech and semiconductors. EV makers Tesla, Nio, and XPeng reported strong growth, with Nio delivering 35,486 vehicles (136% YoY increase). Apple's iPhone 17 showed steady demand with higher Pro model adoption. Meta plans new Ray-Ban smart glasses launches. In semiconductors, major players like Microsoft, IBM, AMD, and Intel announced strategic AI initiatives, while TSMC secured approval for advanced 3nm production in Japan. Autonomous vehicle services expanded with WeRide and Grab launching Singapore's first driverless public ride service.

WeRide and Grab officially commenced public operations of the Ai.R autonomous ride service in Singapore's Punggol residential estate on March 31, 2026. The service has completed 30,000km of autonomous mileage during trials with over 1,000 passengers. The companies are also upskilling Grab driver-partners into new roles such as Safety Operators and Remote Operators. Rides are free until mid-2026 when commercial service begins.

WeRide launched fully driverless Robotaxi services in Dubai in partnership with Uber, marking a significant milestone in Level 4 autonomous vehicle commercialization. The company plans to deploy at least 1,200 Robotaxis across the Middle East and has expanded to Slovakia as its fourth European market. WeRide reported 123% year-over-year revenue growth in Q4 2025, with stock surging 15.53% on the news.

WeRide showcased its Robotaxi GXR at NVIDIA GTC 2026, powered by the NVIDIA DRIVE Hyperion platform. The company plans to expand operations in Southeast Asia through its partnership with Grab, with trial operations launching in Singapore on April 1, 2026. WeRide aims to deploy over 2,600 active Robotaxis globally by 2026 and tens of thousands by 2030, with manufacturing support from Geely Farizon.

The Trump administration sued California over emissions targets. Major tech developments include Nvidia's $26B AI investment commitment, Meta's acquisition of Moltbook, Oracle's $2.2B TikTok investment, and Amazon's major bond offering for AI funding. Multiple companies announced AI partnerships and expansions, while some faced challenges including Meta's underperforming AI model and Atlassian's 10% workforce reduction.

WeRide Inc. announced an expanded strategic partnership with Tencent Cloud, integrating its Robotaxi service into WeChat's Mobility Service mini program and Tencent Maps. The company plans to expand its fleet from 1,023 vehicles to 2,600 by end of 2026, with global operations expanding across Abu Dhabi, Dubai, Singapore, and Zurich. However, the stock traded down 1.76% in premarket, with technical indicators showing a bearish short-to-medium term trend despite mixed momentum signals.

WeRide announced an expanded partnership with Tencent Cloud to integrate its Robotaxis into Tencent's Mobility Service mini program on WeChat, allowing users to book driverless rides directly. The service launches in Guangzhou with plans to expand to other cities. Additionally, WeRide and Geely Farizon plan to deliver 2,000 purpose-built Robotaxi GXRs by 2026, advancing large-scale global commercialization.

Future Fund Managing Partner Gary Black criticizes Tesla's valuation as inflated by unrealistic expectations around autonomous driving. He argues Tesla bulls are wrong to assume the company will dominate the autonomous ride-hailing market, citing a forward P/E ratio exceeding 200x and competition from other companies developing autonomous capabilities. Tesla stock has fallen 20% from December highs and faces potential further downside.

WeRide and Geely Farizon announced an expanded strategic partnership to deliver 2,000 upgraded, mass-produced Robotaxi GXRs by 2026. The new model features WeRide's GEN8 autonomous driving system with advanced LiDAR technology and is expected to reduce assembly time from one hour to under 10 minutes while cutting vehicle costs by 15%. WeRide's global Robotaxi fleet is projected to surpass 2,600 vehicles this year, with operations expanding across China, Middle East, Southeast Asia, and Europe.

The autonomous vehicle market is consolidating around a few well-capitalized leaders including Baidu, Waymo, Zoox, WeRide, and Pony.ai. Global robotaxi fleets are expected to exceed 10,000 Level 4 capable vehicles by end of 2025, with growth concentrated in China, parts of the US, and Gulf states. Level 5 autonomy remains a distant goal, while Level 2 ADAS is becoming standard. China has tightened regulations following safety incidents, requiring OTA approval and restricting autonomous driving marketing claims.

The week saw mixed tech earnings with strong performances from Twilio, Roku, Applied Materials, HubSpot, and AppLovin, while Lyft missed revenue expectations. Major developments included Anthropic's $30 billion funding round and commitment to cover AI data center electricity costs, Amazon's Leo satellite deployment, and regulatory challenges for OpenAI. EV sales declined globally, though WeRide and Uber launched Abu Dhabi's first robotaxi service. Apple won a patent lawsuit, while concerns emerged about AI safety compliance and data center energy demands.

Uber announced a partnership with Mazda to enhance customer experience at U.S. dealerships, demonstrating the company's strategy to diversify beyond ride-hailing. Additionally, Uber launched its first commercial robotaxi service in Abu Dhabi with WeRide. However, Uber shares declined 1.14% amid broader market weakness, trading significantly below key moving averages with oversold RSI readings, though analysts maintain a Buy rating with $108.92 average price target.