WeRide Inc. has announced a partnership with Dubai’s Road and Transport Authority (RTA) and Uber to integrate its self-driving robotaxis into the public transportation system of Dubai. This collaboration represents a significant advancement in the field of autonomous mobility and supports Dubai’s ambition to convert 25% of all journeys in the city into autonomous trips by 2030.

This partnership follows WeRide’s notable achievement in July 2023, when it secured the UAE’s first national license for self-driving vehicles on public roads. This milestone reinforces WeRide’s status as a leading provider of autonomous mobility technology in the Middle East and contributes to Dubai’s goal of becoming a pioneering hub for smart transportation.

WeRide Inc. is recognized as a global leader in the autonomous driving sector and is notably the first publicly traded robotaxi company. The company operates in over 30 cities across 10 countries and holds driverless permits in various places including China, the UAE, Singapore, France, and the United States. WeRide’s offerings include autonomous driving products and services that range from Level 2 to Level 4, addressing diverse transportation needs across mobility, logistics, and sanitation sectors.

As of now, WeRide’s year-to-date price performance stands at -1.90%, with an average trading volume of 1,874,931 shares. The company’s current market capitalization is reported at $3.74 billion, and it has received a strong buy signal from technical sentiment analysis.