The investment, which will be closed in the coming months, will be Uber's largest investment in the autonomous driving space to date.
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Category: Deals
The partnership is expected to first launch in a key market in the Middle East later this year.
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WeRide and Uber will expand their robotaxi partnership to several new cities each year outside the US and China.
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Momenta and Uber will first launch robotaxi service in Europe in 2026.
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Saudi Aramco and BYD have signed a joint development agreement aimed at boosting the development of innovative technologies.
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The land is located in Jinshan district in southwestern Shanghai and covers an area of about 1.13 million square meters.
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Nio Power has struck a deal with a state-owned enterprise in Yunnan to build battery swap stations in the province.
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This is the third battery swap station partnership with a state-owned company that Nio has announced in the past month.
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Hesai's ATX LiDAR will be used in multiple production models of Leapmotor from 2025 onwards.
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CATL made the offer after announcing an investment of up to RMB 2.5 billion in Nio Power in March, according to Reuters.
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