WeRide, Uber Announce Expansion Of Strategic Partnership
(RTTNews) - WeRide (WRD) and Uber Technologies, Inc. (UBER) announced plan to deploy at least 1,200 Robotaxis across the Middle East. The deployment, which will span Abu Dhabi, Dubai, and Riyadh, is expected to be completed as soon as 2027. With this expanded deployment, WeRide and Uber now operate Robotaxis in three of the 15 cities outlined under their agreement, with another 12 cities to come by 2030.
"Todays announcement marks the largest Robotaxi commercial commitment in the MENA region. This commitment accelerates our regional expansion and is a key part of our vision of tens of thousands of Robotaxis globally in the next five years," said Tony Han, Founder and CEO of WeRide.
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.