Uber is reinforcing its push into autonomous vehicles, with strong demand, strategic partnerships, and analyst confidence supporting its growth, according to Benzinga. Bank of America maintained a Buy rating with a $115 target, citing Uber’s platform strategy. The company’s collaboration with Waymo is showing momentum, with 2.2 million trips on Uber’s platform in California in the second quarter, up 427% year-over-year. In Atlanta, reports show riders canceling human-driven trips to secure Waymo robotaxis, underscoring demand. Uber also signed a deal with Lucid to deploy over 20,000 robotaxis over six years, beginning in a major U.S. city in 2026. The ride share giant is incentivizing drivers in Colorado with up to $21,500 to switch to EVs. Morgan Stanley projects the autonomous mobility market to surpass $200 billion by 2035. Shares were up 1.43% on Tuesday.
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