Mentioned:
Uber and WeRide want to be on the leading edge of self driving cars. Which is exactly why they’ve partnered up in Saudi Arabia.
What’s happening:
- WeRide (NASDAQ: WRD) has officially launched their GXR Robotaxi on Uber’s (NYSE: UBER) ride sharing app in Saudi Arabia
Why it matters:
- This is the first time ever Uber has made autonomous vehicles available for ride sharing in Saudi Arabia
Going deeper:
- Uber and WeRide will initially begin using WeRide’s GXR Robotaxi in limited trials in Saudi Arabia that have a human operator present for safety purposes prior to rolling out full scale operations and fully self driving capabilities
- WeRide previously made waves when they officially received a permit from Saudi Arabia to operate autonomous vehicles, which was notably the first permit of its kind to ever be granted from the government of Saudi Arabia
