| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
WeRide (NASDAQ:WRD), a global leader in autonomous driving technology, and Uber Technologies, Inc. (NYSE:UBER), have begun offering autonomous Robotaxi passenger rides in Riyadh, marking the first time autonomous vehicles (AVs) are publicly available on the Uber platform in Saudi Arabia.
The initiative represents a major milestone in Uber's partnership with the Transport General Authority (TGA) and aligns with the Kingdom's Vision 2030 ambition to lead innovation in smart, sustainable mobility.
Starting today, Uber riders traveling between Roshn Front and Princess Noura University may be able to select a WeRide Robotaxi GXR, offering passengers a first-hand experience of driverless mobility in Saudi Arabia.
Sarfraz Maredia, Global Head of Autonomous Mobility & Delivery at Uber: "We're excited to bring autonomous vehicles to riders in Saudi Arabia. This milestone, in partnership with the Transport General Authority and WeRide, marks an important next step in our progress across the Middle East as we continue expanding access to AVs while building safer and more sustainable transportation for all."
Jennifer Li, CFO and Head of International at WeRide: "We're proud to partner with Uber to introduce autonomous mobility in Riyadh, marking another global milestone for WeRide and for the Kingdom's journey toward smart and sustainable transport. Through our world-class autonomous driving technology, we aim to enhance everyday mobility and help shape the future of safer, greener, and more efficient cities across Saudi Arabia and beyond."
At the initial launch, each Robotaxi will include a vehicle operator to ensure a safer and more reliable experience for riders and pedestrians, before transitioning to fully driverless operations in the future.
This new milestone follows the Initial Operational Phase of Autonomous Vehicles inaugurated by His Excellency the Minister of Transport and Logistics Services and Chairman of the Board of the Transport General Authority, Eng. Saleh bin Nasser Al-Jasser in July. Before that, WeRide's Robotaxi was granted Saudi Arabia's first Robotaxi autonomous driving permit, with WeRide being the first AV technology company whose Robotaxi has completed the TGA's Regulatory Sandbox for AV Piloting in Saudi Arabia. It also follows the public launch of WeRide on the Uber platform in Abu Dhabi at the end of 2024.