Uber stock rises as robotaxi service launches in Dallas

Published 03/12/2025, 14:30
© Reuters.

Investing.com -- Uber Technologies Inc (NYSE:UBER) stock rose 2% in premarket trading Wednesday, while Avride owner Nebius Group NV (AMS:NBIS) gained 1.4% after the companies announced the launch of robotaxi services in Dallas.

The new service allows Dallas riders to be matched with an Avride autonomous vehicle when requesting UberX, Uber Comfort, or Uber Comfort Electric rides at no additional cost. The robotaxis will initially operate in a 9-square-mile area covering Downtown, Uptown, Turtle Creek, and Deep Ellum, with plans for future expansion.

"We’re excited to launch autonomous rides in Dallas with Avride, as we continue to build towards an increasingly electric and autonomous future," said Sarfraz Maredia, Global Head of Autonomous at Uber.

At launch, the robotaxis will have an on-board specialist monitoring behind the wheel, with plans to transition to fully driverless operations in the future. Riders can opt in to increase their chances of being matched with a robotaxi through the Ride Preferences section in the Uber app.

The Dallas launch represents an expansion of the existing partnership between Uber and Avride, building on their autonomous delivery collaboration. Dmitry Polishchuk, CEO at Avride, noted that the company has been focused on robotaxi development "from day one."

The service allows riders to unlock vehicles and start trips directly through the Uber app, with human support available if needed. Uber emphasized that all autonomous vehicles on its network must meet the company’s safety guidelines.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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