Uber (UBER) Soars 3.29% on Dubai Autonomous Driving Partnership

Uber Technologies on April 8, 2025, rose 3.29% in pre-market trading, reflecting a positive sentiment among investors.

Uber Technologies has recently announced a strategic partnership with WeRide and the Dubai Roads and Transport Authority (RTA) to advance the deployment of autonomous driving technology in Dubai. This collaboration is a significant step towards Dubai's goal of converting 25% of its transportation to autonomous modes by 2030. The partnership will see WeRide as the first technology partner, aiding Uber in launching its Robotaxi service in the city.

Noah Zych, Uber's global head of autonomous driving and delivery, emphasized the company's commitment to building the future of transportation. He highlighted that the collaboration with WeRide aligns with the UAE's vision of creating smart cities and future-proof transportation solutions. The partnership will involve pilot projects to ensure seamless integration of autonomous vehicles with Uber's platform, focusing on data insights, safety protocols, and regulatory frameworks.

Jennifer Li, WeRide's CFO and head of international business, noted that this collaboration is a crucial step in expanding their smart mobility services in the Middle East. The combination of WeRide's advanced autonomous driving technology and Uber's global mobility platform will benefit millions of consumers worldwide.