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Key Takeaways
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Uber and Pony AI announced a partnership Tuesday to bring Pony AI's robotaxis to Uber's platform.
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The companies expect to launch their partnership in the Middle East later this year.
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The collaboration is the latest of many for Uber as it aligns itself with autonomous vehicle makers.
Uber Technologies (UBER) and Chinese autonomous vehicle maker Pony AI (PONY) announced a partnership Tuesday to put Pony AI's robotaxis on Uber's platform.
The companies will launch their collaboration in the Middle East later this year, and plan to expand to other markets later. Uber users in the covered areas will be able to select a Pony AI robotaxi for their trip, and the companies said all rides will come with a "safety operator" until Pony AI's fully autonomous software launches.
“Partnering with Uber accelerates our shared mission to make autonomous mobility a real, everyday experience for more consumers around the world," Pony AI CEO Dr. James Peng said.
The partnership is one of several Uber has made with autonomous vehicle companies, including Alphabet's (GOOGL) Waymo, WeRide (WRD), and others. Pony has also previously partnered with automakers like Toyota (TM) to develop and manufacture its robotaxis.
Uber is set to report its first-quarter results on Wednesday.
Shares of Uber were down about 1% in Tuesday morning trading, while Pony AI shares rose 4%.
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