Uber boosts WeRide stake, expands Dubai robotaxi service

Uber has increased its stake in Chinese autonomous vehicle company WeRide, now holding 5.82%, valued at approximately $400 million. This move coincides with the launch of fully driverless robotaxi operations in Dubai, available through the Uber app. Initially piloted in December with safety operators, the service now operates without human intervention in various Dubai districts. This expansion signifies a significant step for WeRide's regional presence and Uber's commitment to integrating autonomous mobility into its network, aiming for a hybrid model where human drivers and AVs coexist.