Uber Technologies Inc. (NYSE:UBER) CEO Dara Khosrowshahi says that most cars would be capable of autonomous driving in the future amid Uber's self-driving push.Driving Would Be Like Horseback Riding"I think, all cars being autonomous, I see 20+ years," Khosrowshahi said on Wednesday during an appearance on a podcast, adding that it will take a long time to "bring the cost curves down" and ensure safety."I think that driving will be something like horseback riding," the CEO said. He added that while horsebac ...

Uber said Wednesday that the San Francisco Bay Area will be the first market for its specially built autonomous taxi, which is expected to launch in late 2026. ...

Key Takeaways Uber will report Q3 2025 results on Nov. 4, with earnings estimates stable over the past 60 days.The company expects 17-21% gross bookings growth and up to 36% adjusted EBITDA increase.Tariff pressures and high valuation may weigh, though Uber's diversification supports stability.Uber Technologies (UBER) is slated to release third-quarter 2025 results on Nov. 4, before market open. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings and revenues is pegged at 67 cents per sha ...

Core Insights - Uber is set to launch a premium robotaxi service in San Francisco in 2026, utilizing Lucid Motors' all-electric Gravity SUVs equipped with Nuro's self-driving technology, positioning itself against Waymo [1][2] - The Bay Area is chosen for this initiative due to its history of transformative technology, with Uber aiming to create safe and scalable autonomous rides [2] - Uber has committed to investing $300 million in Lucid and plans to purchase at least 20,000 Gravity SUVs over the next six years for this service [2] Company Relationships - The launch in San Francisco may heighten competition with Waymo, which already operates commercial robotaxi services in the Bay Area and other cities [3][4] - Uber and Waymo had a contentious history but have since collaborated on robotaxi services in Austin and Atlanta earlier this year [3] Development and Testing - Uber, Nuro, and Lucid are currently developing a test fleet of approximately 100 vehicles, with Nuro integrating its self-driving system for testing and validation [5] - Testing will occur on public roads, as well as through simulation and closed courses [8] Partnerships and Collaborations - Over the past two years, Uber has formed numerous partnerships with autonomous vehicle technology companies, with significant deals involving Waymo, Nuro, and Lucid [9] - In 2023, Uber announced additional partnerships with May Mobility, Volkswagen, and several Chinese self-driving firms [10]

Core Insights - Tesla's CEO Elon Musk emphasized the company's autonomous driving capabilities and its potential for scaling technology, despite retracting a previous commitment regarding the Robotaxi service [1][3] - Musk claimed that Tesla's autonomous driving technology could spread faster than any other technology, referencing a comparison with Alphabet's Waymo [2] - The company is facing an NHTSA investigation into its Full Self-Driving (FSD) technology, which involves at least 2.8 million vehicles [4] Company Developments - Tesla plans to remove onboard safety operators from its Austin Robotaxi by the end of the year, indicating a shift towards greater autonomy [3] - Tesla's Chair Robyn Denholm mentioned the possibility of including a steering wheel and pedals in the upcoming Cybercab to meet safety regulations [5] Performance Metrics - Tesla is noted for strong Momentum and Quality metrics, satisfactory Growth, but poor Value, with a favorable price trend across short, medium, and long-term periods [6]

Core Insights - Mobileye has signed a Memorandum of Understanding (MoU) with VVDN Technologies to localize advanced driver assistance systems (ADAS) technologies for Indian automakers, aiming to enhance the "Made-in-India" initiative [1][3][5] - The collaboration will combine Mobileye's global expertise in product and systems with VVDN's local engineering and manufacturing capabilities, facilitating faster market entry and customization for Indian automotive manufacturers [3][5][6] Company Overview - Mobileye is a leader in autonomous driving and driver-assistance technologies, having shipped over 200 million system-on-chips (SoC) globally, which power advanced ADAS systems [3][4][7] - VVDN Technologies, established in 2007, specializes in software services, product engineering, and manufacturing, with a strong presence in India and globally, including advanced R&D centers and manufacturing facilities [9] Strategic Importance - The partnership is aligned with India's automotive market's shift towards enhanced safety and technology, driven by regulatory changes and increasing consumer demand [3][4] - Mobileye's focus on India as a strategic priority aims to build a robust local ecosystem, enhancing safety and driving intelligence on Indian roads while supporting both local and global automotive programs [5][6]

Core Insights - Aurora has expanded its driverless route network by adding a 600-mile route from Fort Worth to El Paso, marking its second route for self-driving trucks [1][2] - The company has achieved a significant milestone by completing over 100,000 driverless miles on public roads with five self-driving trucks since launching its commercial service in May [2] - Aurora aims to expand its services to Phoenix by the end of the year, following its initial commercial service that began with a Dallas-to-Houston route [2][3] Route Expansion - The new Fort Worth-to-El Paso route is designed to be attractive to carriers, addressing staff shortages and the challenges of completing long hauls in a single day [4] - Key customers for the El Paso route include Hirschbach Motor Lines and Russell Transport [4] Technological Advancements - Aurora has introduced next-generation hardware, developed by Fabrinet, which is being integrated with Volvo VNL Autonomous trucks, offering improved durability and performance at half the overall cost [5] - The new lidar technology can detect objects from 1,000 meters away, doubling the detection range of the previous generation, and features enhanced sensor cleaning for better reliability in harsh weather [5] - The partnership with Volvo marks an industry-first collaboration aimed at creating scalable autonomous truck solutions, with plans for higher volume hardware production in collaboration with Aumovio set for 2027 [6]

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Alphabet Inc.'s (NASDAQ:GOOGL) (NASDAQ:GOOG) autonomous cab service Waymo CEO Tekedra Mawakana took a swipe at Tesla Inc. (NASDAQ:TSLA) and its autonomous driving pursuits as the Robotaxi race heats up in the U.S. Tekedra Mawakana Thinks It’s Important For AV Companies To Be Transparent Speaking at a media event hosted by Techcrunch on Monday, Mawakana was asked for her view on AV companies working towards ...

New York, NY, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Chijet Motor Company, Inc. (NASDAQ: CJET) (“Chijet” or the “Company”) today announced the execution of an exclusive technology cooperation framework agreement with Tagvance Pte. Ltd., a Singapore-based innovator in autonomous driving technology backed by government-related investment entities. This landmark collaboration establishes an exclusive strategic alliance in the autonomous driving domain for passenger and commercial vehicles, as well as intelligent mo ...

Core Insights - The article highlights that conventional wisdom suggests driverless vehicles should be equipped with a wide range of advanced technology, while Tesla has opted for a more cost-effective approach and is reportedly achieving success with it [1] Group 1 - The industry standard typically involves high-tech solutions for autonomous vehicles [1] - Tesla's strategy diverges from this norm by utilizing a cheaper option [1] - The success of Tesla's approach indicates potential shifts in the autonomous vehicle market [1]