Uber Seen Well Positioned Amid Rise of Autonomous Vehicles -- Market Talk

Dow Jones
Mar 24

1310 ET - Uber Technologies is among the best positioned to benefit as autonomous vehicles expand globally given the company's size and scale, Citi analysts say in a note. Uber's list of AV partnerships has grown recently with partners like Nvidia, Zoox, Wayve and Nissan, and Rivian, the analysts say. As a result, Uber will likely be testing or operating AVs across 18 cities globally by the end of this year, up from 15 announced as of the fourth quarter, the analysts say. With so many collaborations in the works, Uber looks increasingly set to hit its goal of becoming the largest facilitator of AV trips by 2029, they say. "We continue to believe Uber is increasingly becoming the marketplace for AV providers to commercialize at scale and we look for Uber to continue announcing newer partnerships going forward," they say. (kelly.cloonan@wsj.com)

 

(END) Dow Jones Newswires

March 23, 2026 13:10 ET (17:10 GMT)

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