Uber Technologies, Inc. ( UBER ) stock is trading higher on Monday following two recent announcements in autonomous vehicle expansion.

What To Know: The company revealed back-to-back partnerships aimed at scaling self-driving mobility both internationally and in the United States.

Last week, Uber ( UBER ) announced a multi-year strategic partnership with May Mobility, an autonomous vehicle technology company. The deal aims to deploy thousands of autonomous vehicles on Uber's ( UBER ) platform starting in Arlington, Texas by the end of 2025, with further U.S. expansion planned in 2026. May Mobility will provide hybrid-electric Toyota Sienna vehicles equipped with its autonomous driving system. The initial rollout will include onboard safety operators, transitioning to fully driverless vehicles later.

On Friday, Uber ( UBER ) announced a separate agreement with Chinese self-driving tech firm Momenta to bring autonomous vehicles to select global markets outside the U.S. and China, beginning in Europe by early 2026. The first wave of robotaxis will also launch with safety drivers.

UBER Price Action: Uber ( UBER ) shares were up 2.14% at $86.08 at the time of writing, according to Benzinga Pro.

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