UBER vs. WRD: Which Stock Is Better Placed in the Promising AV Space?
Key Takeaways Uber advances in robotaxis via Baidu and Lucid alliances, boosting global AV reach.WeRide expands worldwide through Grab and Uber deals, launching AV fleets across key cities.Uber's broader scale, better valuation and price gains give it an edge over WRD. The robotaxi market has huge potential. The global robotaxi market is projected to reach $45.7 billion by 2030, at a CAGR of 91.8% from 2023 to 2030, according to MarketsandMarkets’ forecast. This highly lucrative space attracts both WeRide ( ...