Stellantis and Uber target Level 4 robotaxis

• Stellantis, Wayve, and Uber have formed a global partnership to develop and deploy Level 4 driverless robotaxis.
• Following the partnership announcement, the Stellantis share price moved down to close at $7.04.
• The strategic collaboration aims to commercialize autonomous mobility services through shared vehicle platforms and existing ride-hailing networks.

Stellantis (NYSE:STLA), Wayve, and Uber (NYSE:UBER) partnered to deploy Level 4 driverless robotaxis across global consumer markets.

This collaborative effort represents a major shift toward ecosystem-based development compared to previous isolated corporate strategies.

The joint initiative will integrate specialized vehicle platforms with advanced artificial intelligence driving technology.

The companies intend to launch these automated ride-hailing services directly within the existing Uber application.

The partners plan joint validation work, and following the announcement, Stellantis' share price was down at $7.04.

Stellantis has recently focused on engineering vehicle platforms capable of supporting high-utilization driverless transport.

This strategic expansion aligns with corporate goals to accelerate the commercialization of autonomous mobility platforms globally.