Uber, WeRide and AVOMO Win Spain's First National Permit for Level 4 Autonomous Vehicles

RegulationM&A · PartnershipProduct / Tech
โดย Zacks Investment Research·ES·Read original
Summary · why it matters

Uber Technologies, WeRide and AVOMO, the autonomous vehicle division of Moove Cars Group, have secured Spain's first national permit for Level 4 autonomous passenger vehicles to operate on public roads, granted by Spain's Directorate General of Traffic under the ES-AV framework with support from the Regional Government of Madrid. The authorization, WeRide's ninth autonomous-driving permit globally, covers an initial phase of 20 vehicles equipped with WeRide's latest autonomous-driving technology, operating in high-demand areas across Greater Madrid under the supervision of in-car vehicle specialists, and marks the first EU national approval for WeRide's GXR autonomous vehicle. Commercial operations in Spain are expected to commence by the end of 2026, subject to deployment preparations and operational and regulatory requirements. The planned rollout marks WeRide and Uber's joint entry into Spain and Madrid's inclusion as the fourth of 15 cities covered by their strategic partnership, with the companies planning to expand into another 11 cities by 2030 and eventually deploy tens of thousands of autonomous vehicles on public roads worldwide. Uber currently works with more than 30 autonomous-vehicle partners across mobility, delivery and freight, collectively completing millions of autonomous trips annually, and expects to facilitate such journeys in as many as 15 cities by the end of 2026, aiming to become the world's largest facilitator of autonomous trips by 2029.

Impact on stocks 4

Robotics & Physical AI · 3 stocks
WeRide Inc.
0800
▲ PositiveRegulationrelevance

WeRide won Spain's first national Level 4 autonomous permit, its ninth globally, for its GXR vehicle with commercial operations planned by end-2026.

Uber Technologies Inc
UBER
▲ PositiveRegulationrelevance

Uber secured Spain's first national Level 4 autonomous vehicle permit with WeRide and AVOMO, enabling its joint autonomous ride rollout in Madrid.

Consumer Discretionary · 1 stocks

Theme Impact 2

Off-coverage companies 2

AvomoPrivate▲ Positive
Regulationrelevance

AVOMO, Moove Cars Group's autonomous vehicle division, is one of the three permit holders for Spain's first national Level 4 autonomous passenger vehicle authorization.

MoovePrivate± Mixed
relevance

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