Uber (UBER) and Lyft (LYFT) are partnering with Baidu (BIDU) to test out driverless taxis in the U.K. in 2026, Reuters reports. Uber and Lyft have abandoned in-house development of autonomous vehicles and will instead rely on partnerships to accelerate the adoption of such. These partnerships will position London as an early proving ground for expanding the services in Europe.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UBER:
- Uber’s guidelines allow felons to be drivers, NY Times reports
- Uber Brings Driverless Taxis to London in New Baidu Deal
- Mixed options sentiment in Uber with shares down 0.97%
- Private Markets: OpenAI seeks to raise as much as $100B at $830B valuation
- Uber price target lowered to $78 from $84 at Wedbush