'Great Potential,' Uber CEO Dara Khosrowshahi Says Of Japan, As He Targets '10-Plus Markets' Despite Robotaxis Costing About $150K Each
UberUber(US:UBER) Yahoo Finance·2025-12-27 21:00

Core Insights - The global shift towards driverless rides is accelerating, with Japan identified as a significant opportunity for autonomous fleets by Uber's CEO Dara Khosrowshahi [1][2] Group 1: Market Potential - Japan is highlighted as having "great potential" for robotaxis, with a focus on targeting "10-plus markets" despite the high production costs of autonomous vehicles, estimated at about $150,000 each [2][3] - The aging population in Japan presents a long-term transportation challenge, particularly in rural areas where mobility options are limited, creating a demand for autonomous solutions [3] Group 2: Regional Expansion - Several Asia-Pacific markets, including Hong Kong and Australia, are seen as viable for wider deployment of autonomous services once regulatory conditions improve [4] - The demand for ride-hailing services is rising across the Asia-Pacific region, supporting Uber's next phase of autonomous growth [3][4] Group 3: Industry Partnerships - Uber's strategy focuses on partnerships with companies developing autonomous driving systems rather than manufacturing vehicles itself, collaborating with over 20 partners globally [5][6] - Key partners include Baidu, WeRide, Pony.ai in China, and Waymo in the U.S., allowing Uber to integrate various self-driving platforms into its marketplace [6] Group 4: Competitive Landscape - The autonomous sector is unlikely to be dominated by a single company, as multiple firms are advancing similar technologies simultaneously [7] - Uber's approach involves supporting multiple systems while closely working with regulators, which is deemed critical for expanding autonomous fleets [7]