Here’s What Fueled These 10 Firms’ Surge

2. WeRide Inc. (NASDAQ:WRD)

China-based WeRide Inc. soared by 31.68 percent on Tuesday to finish at $9.02 apiece as investor sentiment was buoyed by news that it expanded its partnership with Uber Technologies Inc. (NYSE:UBER) to expand robotaxi operations into 15 cities globally.

In a statement, Uber Technologies Inc. (NYSE:UBER) said that it joined forces anew with WeRide Inc. (NASDAQ:WRD) to offer robotaxis in the Uber app in 15 more locations, including Europe and the Middle East. Uber Technologies Inc. (NYSE:UBER) will continue to handle fleet operations.

“This expansion aligns with WeRide’s ambitious strategy for global growth—to make autonomous driving solutions more affordable and accessible to people worldwide,” said WeRide Inc. (NASDAQ:WRD) CEO Han Xu.

The two firms kicked off their partnership last year with the launch of robotaxis in Abu Dhabi, and later on, in Dubai, as they aim to expand their autonomous vehicle partnership to several new cities each year, all outside of the US and China.