Uber (UBER) Soars 3.58% on Dubai Autonomous Driving Partnership

On April 8, 2025, Uber Technologies rose 3.58% 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 urban transportation to autonomous modes by 2030. The partnership aims to integrate WeRide's advanced autonomous driving technology with Uber's global ride-sharing platform, providing a seamless and innovative transportation solution for users in Dubai.

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 vision of creating smart cities and future-proof transportation systems in the UAE. The partnership will involve pilot projects to ensure smooth integration and user experience, as well as exploring data insights, safety protocols, and regulatory frameworks to support Dubai's transition to autonomous driving.

Jennifer Li, WeRide's CFO and head of international business, noted that expanding into Dubai is a crucial step in their global strategy. The combination of WeRide's cutting-edge technology and Uber's extensive platform will enable them to serve millions of consumers in multiple cities worldwide. This collaboration underscores Uber's leadership in autonomous driving innovation and positions Dubai as a key market for such advancements.