WeRide partners with Uber to expand robotaxi services in 15 cities globally

From Yahoo Finance: 2025-05-06 14:19:00

WeRide is expanding its partnership with Uber, introducing robotaxi technology to 15 more cities globally. Shares of WeRide (NASDAQ: WRD) surged 24% while the S&P 500 and Nasdaq Composite dipped. The autonomous vehicle pioneer’s partnership with Uber drove investor excitement, positioning WeRide as a dynamic player in the market.

WeRide and Uber announced a major expansion of their partnership, adding 15 cities globally over the next five years. WeRide’s robotaxi services will integrate with the Uber app, with Uber managing fleet operations. This collaboration accelerates WeRide’s global deployment of autonomous technology and capitalizes on Uber’s user base and operational expertise.

WeRide’s strategic partnership with Uber expands to 15 more cities globally, boosting its position in the autonomous vehicle industry. The collaboration leverages WeRide’s technology and Uber’s fleet operations. Despite operating at a loss, WeRide’s potential growth and backing from Nvidia make it an appealing investment for those with a high risk tolerance.



Read more at Yahoo Finance: Why This Nvidia-Backed Robotaxi Stock Is Skyrocketing Today