WeRide (WRD), Uber (UBER) Announce Commercial Robotaxi Launch in Zurich
Maham Fatima
1 min read
WeRide Inc. (NASDAQ:WRD) is one of the best new tech stocks to buy according to analysts. On June 17, WeRide and Uber announced plans to launch commercial robotaxi services in the Greater Zurich Region later this year. Subject to regulatory approval, the service will be accessible through the Uber app, marking the companies' second joint deployment in Europe following their recent move into Madrid.
The partnership uses WeRide Inc.'s (NASDAQ:WRD) asset-light strategy, with local operator Rydera managing the fleet. This expansion builds on successful autonomous operations already established in the Middle East, leveraging Switzerland's advanced regulatory environment and demand for high-quality ride-hailing to drive the project's economics.
This launch represents a significant step in the companies' goal to deploy tens of thousands of robotaxis globally. By applying operational experience from existing markets and working closely with the Federal Roads Office, they aim to transition toward fully driverless commercial services in core urban areas.
WeRide Inc. (NASDAQ:WRD) is a global leader in autonomous driving technology that develops and deploys L2-L4 self-driving solutions, focusing on robotaxis, intelligent driving, and smart mobility. It provides driverless services for mobility, logistics, and sanitation industries, including Robotaxis, Robobuses, Robovans, and Robosweepers.
While we acknowledge the potential of WRD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.
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