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UBER, Pony AI, and Verne Team Up on Europe’s First Robotaxi Rollout
Ride-hailing platform Uber UBER -1.31% ▼ , software company Pony AI PONY -13.35% ▼ , and robotaxi startup Verne have teamed up to launch Europe’s first commercial robotaxi service in Zagreb, Croatia. The partnership combines Pony AI’s autonomous‑driving tech, Verne’s fleet and regulatory expertise, and Uber’s large ride‑hailing platform.
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Robotaxi Integration and Expansion Strategy
Under the agreement, Pony AI will supply its Gen-7 self-driving system, which will run on Arcfox Alpha T5 robotaxis built by BAIC. At the same time, Verne will own and operate the vehicles, manage daily operations, and lead the effort to secure regulatory approvals in Europe.
Uber will integrate the robotaxis directly into its app, running alongside Verne’s own customer-facing platform. Also, it will invest in Verne as a strategic partner to support expansion.
On‑road testing has already started in Zagreb as the companies prepare to launch a paid robotaxi service. Over the long term, the partners plan to expand to thousands of robotaxis across Europe, growing beyond Croatia into more cities and international markets.
Is Uber a Buy or Hold?
Overall, Wall Street has a Strong Buy consensus rating on Uber stock based on 29 Buys, two Holds, and one Sell recommendation. The average UBER stock price target of $105.59 indicates 46.51% upside potential.
Is Pony AI a Good Stock to Buy?
Turning to Wall Street, analysts have a Moderate Buy consensus rating on the stock, based on two Buys assigned in the last three months. The average PONY share price target is $21.75, which implies a potential upside of 122.85% from current levels.
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