A global shift towards driverless rides is underway, driven by heavy investment and uneven regulations. Japan stands out as a prime opportunity for Uber, targeting “10-plus markets” with autonomous vehicles costing around $150,000 each. Uber sees potential in Asia-Pacific markets like Hong Kong and Australia due to rising ride-hailing demand.

Uber CEO Dara Khosrowshahi highlights Japan’s aging population and limited mobility options as reasons for autonomous growth. Market analysts project that Level 4 robotaxis could make up 8% of China’s ride-hailing fleet by 2030. Uber’s strategy focuses on partnering with autonomous driving system developers rather than building vehicles itself.

Uber collaborates with over 20 autonomous and mobility partners worldwide, integrating different self-driving platforms into its marketplace. Khosrowshahi believes the autonomous sector won’t be dominated by a single company, emphasizing the importance of working closely with regulators to expand autonomous fleets.

Read more at Yahoo Finance: ‘Great Potential,’ Uber CEO Dara Khosrowshahi Says Of Japan, As He Targets ’10-Plus Markets’ Despite Robotaxis Costing About $150K Each