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Stock impact report

Hesai Lidar Powers WeRide-Uber Autonomous Fleet in Dubai, Backing City's Self-Driving Vision [Yahoo! Finance]

Uber Technologies, Inc. (UBER) 
Last uber technologies, inc. earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
robotics application, today announced that its lidar solution have been selected by WeRide (NASDAQ: WRD) to power its autonomous vehicles, which will begin operating on Uber Technologies, Inc.'s (NYSE: UBER) platform in Dubai as part of the city's 2030 smart mobility initiative. This marks a key moment in the development of autonomous transportation in the Middle East Each of the autonomous vehicles will be equipped with four Hesai automotive-grade long-range lidars. As Dubai aims to transform 25% of all journeys in the city into autonomous trips across various transport modes by 2030, the market represents a significant opportunity for the expansion of autonomous vehicle services and plays a key role in shaping the future of mobility. Renowned for its safe and reliable performance, WeRide made history in July 2023 by securing the UAE's first national license for self-driving vehicles on public roads—the first national-level driverless license in the Middle East and even globally, Show less Read more
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