Uber will offer robotaxi rides in Abu Dhabi through partnership with WeRide
Written by Emily J. Thompson, Senior Investment Analyst
0mins
Source: Newsfilter
Uber and WeRide Partnership: Uber has partnered with Chinese autonomous vehicle maker WeRide to launch a robotaxi service in Abu Dhabi, initially featuring human safety drivers before transitioning to fully driverless services by 2025.
Expansion of Autonomous Services: This collaboration follows Uber's existing operations of tens of thousands of autonomous rides per month in the U.S., with plans to expand its autonomous vehicle partnerships globally, despite potential competitive risks from companies like Waymo.
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Analyst Views on GOOG
Wall Street analysts forecast GOOG stock price to fall
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14 Buy
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Current: 348.780
Low
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Current: 348.780
Low
255.00
Averages
336.08
High
400.00
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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