Skip to main content
See every side of every news story
Published loading...Updated

Why Is Uber Technologies Stock Gaining Monday? - Uber Technologies (NYSE:UBER)

Uber and Momenta will begin Level 4 autonomous robotaxi tests with onboard safety operators, aiming to expand services across Europe and the Middle East after Munich launch.

  • On Monday, Uber and Momenta said they will begin deploying Level 4 autonomous vehicles in Munich, Germany, in early 2026, marking their first continental European test city.
  • Uber said it chose Munich as its European launchpad due to the city's engineering heritage and strong automotive ecosystem, earlier this year announcing plans to integrate Momenta's robotaxis into its ride-hailing platform after the partnership unveiled in May 2025.
  • At launch, the companies say robotaxis will include safety monitors and must meet German regulators' safety standards and geo-fenced area approvals.
  • Uber's move places it in direct competition with Lyft and Baidu in Europe's AV market, while Germany's taxi drivers recently protested for stricter ride-hailing regulations amid Europe's robotaxi lag behind the US and China.
  • If Munich succeeds, Uber says Momenta robotaxis could expand to other European cities in the coming years, with pilot programs scheduled in key German cities like Munich in early 2026.
Insights by Ground AI
Does this summary seem wrong?

18 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 60% of the sources are Center
60% Center

Factuality 

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

TechCrunch broke the news in United States on Monday, September 8, 2025.
Sources are mostly out of (0)
News
For You
Search
BlindspotLocal