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Uber, Wayve to Test Autonomous Vehicles in London

1. Uber partners with Wayve for self-driving vehicle pilot in London. 2. U.K. approves self-driving test programs a year ahead for spring 2026. 3. Real vehicles may be bookable via Uber's app next spring. 4. Uber aims to expand autonomous trials to other European markets. 5. Uber shares rose 1% in premarket, up 44% year-to-date.

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FAQ

Why Bullish?

The advancement of autonomous driving drives investor optimism, similar to Waymo's earlier impacts on Uber's valuation.

How important is it?

The partnership with Wayve enhances Uber's competitiveness in the autonomous market, essential for future growth.

Why Long Term?

Successful pilot programs could establish Uber's market leadership in autonomous ridesharing, leading to increased revenue streams.

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