Pony AI Inc.Zacks analysis picks Pony AI as a better pick in autonomous ride-hailing, citing expansion and market growth.
Zacks Investment Research sees Pony AI as a better pick than Uber Technologies in the autonomous ride-hailing space. The robotaxi market, valued at $0.4 billion in 2023, is projected to reach $45.7 billion by 2030, growing at a compound annual rate of 91.8%. Uber pursues a partnership-driven strategy, recently teaming with WeRide to launch robotaxi services in Zurich and Madrid, and with Amazon's Zoox for a Los Angeles deployment next year. Pony AI has expanded its Singapore service through the ComfortDelGro Zig app and aims to be in more than 20 cities worldwide by end-2026, while deepening coverage in Guangzhou, China. Pony AI carries a Zacks Rank #2 (Buy) and Uber a Zacks Rank #3 (Hold).
Pony AI Inc.Zacks analysis picks Pony AI as a better pick in autonomous ride-hailing, citing expansion and market growth.
Uber Technologies IncZacks analysis picks Pony AI over Uber, and Uber's partnership strategy is contrasted unfavorably.
WeRide Inc.
Amazon.com Inc