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Uber will increase stake in WeRide as robotaxi partnership ramps up in Dubai

admin by admin
March 31, 2026
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Uber will increase stake in WeRide as robotaxi partnership ramps up in Dubai
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Uber and Chinese language autonomous car firm WeRide have launched robotaxi operations with out a human security operator in Dubai as a part of a broader growth within the Center East.

Riders can now e book the automobiles via Uber’s app, with operations in business and industrial districts like Dubai Silicon Oasis, Dubai Funding Park Second, and Jabal Ali Industrial First, in addition to suburban areas and the maritime buying and selling hub Al Hamriya Port. The service is operated regionally by Tawasul, a mobility and fleet operator within the United Arab Emirates.

The businesses first launched robotaxis to Dubai in December underneath a pilot program, however didn’t cost for rides and nonetheless had a human security operator on board. The federal government’s Roads and Transport Authority issued a driverless car trial allow to the businesses final month.

The deployment alerts an escalation in WeRide’s robotaxi operations within the area. It additionally coincides with Uber’s elevated stake within the firm. Uber now holds a 5.82% stake in WeRide, in accordance with paperwork filed Monday with the U.S. Securities and Alternate Fee. The fairness stake is valued at round $400 million primarily based on WeRide’s closing inventory worth on Monday.

“Bringing absolutely driverless automobiles to Dubai is a crucial milestone in making autonomous mobility a world actuality. This launch underscores our deep dedication to the UAE and our imaginative and prescient for a hybrid world — the place drivers and AVs function side-by-side to create a extra resilient community. Particularly throughout difficult occasions within the area, we’re proud to be a accomplice to this metropolis, guaranteeing that Uber is all the time there to assist folks transfer seamlessly and with confidence,” Sarfraz Maredia, Uber’s international head of autonomous mobility and supply, mentioned in a press release.

Uber invested $100 million into WeRide in Might 2025 as a part of a business robotaxi partnership to carry service to a different 15 cities over the following 5 years. The businesses have beforehand shared that the growth will embrace cities in Europe.

Underneath the partnership, WeRide’s robotaxi providers can be found via the Uber app. The connection is much like Uber’s take care of Waymo, during which the ride-hailing firm handles the community routing and fleet operations, whereas the autonomous car firm stays liable for the AV tech.

Tags: DubaiincreasespartnershiprampsrobotaxistakeUberWeRide
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