Uber considers acquiring Pony.ai to compete in autonomous vehicle space, potentially leading to growth

From Nasdaq: 2025-06-30 10:11:00

Uber Technologies is considering acquiring the US subsidiary of Pony.ai, a Chinese-American autonomous vehicle company, to compete with Alphabet’s Waymo and Tesla in the robotaxi space. Uber’s asset-light platform model may give it a strategic advantage in the autonomous vehicle race, leading to potential growth and profitability in the future.

Uber Technologies is outperforming competitors like Waymo and Tesla, with a profitable business model and strong cash flow. Analysts expect Uber’s earnings to grow by 27.2% annually over the next three to five years, driven by its diverse revenue streams, including ride-hailing, food delivery, and freight services.

For investors seeking exposure to the autonomous vehicle market, Uber Technologies is a compelling choice due to its potential acquisition of Pony.ai and existing profitability. Alphabet’s Waymo and Tesla also offer opportunities, but Uber’s unique position in the AV space, coupled with its global mobility platform, makes it a standout option.



Read more at Nasdaq: Zacks Investment Ideas feature highlights: Uber Technologies, Pony.ai, Alphabet and Tesla