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Benzinga
Benzinga
Business
Henry Khederian

Uber's Autonomous Strategy Gains Traction As Riders Actively Seek Robotaxis (CORRECTED)

Bucharest,,Romania,-july,01,2023,:,Car,With,The,Logo

Editor's Note: This article has been updated to clarify details of Uber's EV incentive program.

Uber Technologies Inc (NYSE:UBER) is solidifying its position in the autonomous vehicle space, with recent reports indicating strong consumer demand and significant growth through its key partnerships. The company’s strategy is also growing analyst confidence, with BofA Securities recently maintaining a Buy rating and a $115 price target.

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