Uber's Trading Volume Drops 34% to $1.04 Billion, Ranks 55th as Driverless Fleet Expansion with Volkswagen Unveiled

Generated by AI AgentAinvest Market Brief
Monday, Apr 28, 2025 7:33 pm ET1min read
UBER--

On April 28, 2025, Uber's trading volume reached $1.04 billion, marking a 34.04% decrease from the previous day. This placed UberUBER-- at the 55th position in terms of trading volume for the day. Uber's stock price increased by 0.75%.

Uber has expanded its driverless fleet through a strategic partnership with Volkswagen. The collaboration aims to deploy thousands of fully autonomous, all-electric ID. Buzz vans across several U.S. markets over the next decade. Testing for these vehicles is set to begin later this year, with a commercial launch expected in 2026. Initially, human safety operators will accompany each vehicle to ensure safety during the testing phase. This partnership leverages Volkswagen's manufacturing and tech expertise alongside Uber's extensive mobility network, aiming to redefine urban transportation. The project is expected to expand nationwide over the next decade, marking a significant step toward scaling autonomous, sustainable transport.

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