Uber Technologies partnered with autonomous driving tech company Beijing Momenta Technology to deploy Robotaxis outside the US and China, the international ridesharing platform said in a May 2 press release.
Under the partnership, Uber will merge its ridesharing network with Momenta's autonomous driving technology into the fleet of autonomous vehicles yet to be deployed.
Uber said the first deployment of the autonomous vehicles will be conducted in Europe at the start of 2026, but with onboard safety operators.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.