Uber Partners with Momenta to Launch Robotaxi Services in Europe by 2026

Uber has announced a strategic partnership with Chinese self-driving startup Momenta to launch robotaxi services in Europe by early 2026, marking its latest move to advance autonomous urban mobility outside the U.S. and China. The collaboration will initially deploy autonomous vehicles with safety operators onboard and aims to merge Uber’s global ridesharing network with Momenta’s AI-driven technology. This partnership underscores Uber’s shift from developing its own self-driving technology to adopting a collaboration-based strategy, enabling it to integrate cutting-edge autonomous capabilities while minimizing development risks. Industry analysts generally hold a positive outlook on Uber’s stock, assigning it a consensus 'Outperform' rating, though some financial forecasts suggest potential downside risk based on fair value estimates. Momenta executives view the deal as key to scaling autonomous driving globally, while Uber’s leadership highlights the goal of delivering reliable and affordable robotaxi rides to more riders worldwide. The deal builds on Uber’s existing alliances in the autonomous vehicle sector, positioning the company at the forefront of transforming urban transportation.