Mentioned:
Fully autonomous vehicles are now in Abu Dhabi for the first time. And WeRide is behind it.
What’s happening:
- WeRide (NASDAQ: WRD) has officially launched their fully autonomous Robotaxi vehicles in Abu Dhabi
Why it matters:
- This is the first time ever that fully autonomous vehicles without a human driver have been allowed to operate in Abu Dhabi for ride sharing
Going deeper:
- WeRide had previously been operating their Robotaxis in Yas Island and Zayed International Airport in Abu Dhabi, however those vehicles had a human safety driver present at all times and were not operating fully autonomously
- WeRide has been quickly expanding globally, including previously being granted a notable approval to begin operating in Beijing with their GXR Robotaxi
The intrigue:
- Fully autonomous vehicles for ride sharing continue to see a major uptick in adoption, with Pony AI (NASDAQ: PONY) recently making waves with the formation of a new partnership with Tencent’s WeChat app for autonomous vehicles in China
