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Markets

Pony.ai (PNY) Partners with Uber to Launch 2,000 Autonomous Vehicles in Europe and Middle East

Key Takeaways Autonomous driving company Pony.ai is partnering with Uber to roll out more than 2,000 self-driving taxis in five European markets The collaboration expands an ongoing commercia

AnonymousCryptoCompass newsroom
August 14, 2026
3 min read
NEWS
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Key Takeaways

  • Autonomous driving company Pony.ai is partnering with Uber to roll out more than 2,000 self-driving taxis in five European markets
  • The collaboration expands an ongoing commercial robotaxi operation in Zagreb, Croatia, operated with regional partner Verne
  • Additional deployments are planned for the Middle East region
  • The business model leverages Pony.ai’s Level 4 self-driving technology, Uber’s mobility ecosystem, and regional fleet management partners
  • The companies have not announced a specific timeline for completing the fleet expansion

Chinese autonomous vehicle technology company Pony.ai has revealed plans to significantly expand its collaboration with Uber, targeting five European markets and the Middle East for robotaxi deployment. The announcement came on Friday, August 14.

The partnership between the two firms began in May 2025, with their first operational service going live in Zagreb, Croatia, through a collaboration with Verne, a local operator.

Five European Markets Targeted for Growth

The expanded arrangement will bring the service to four more European locations beyond Zagreb, although the specific cities remain undisclosed. The companies have not shared when the expansion will be complete.

The operational framework involves Pony.ai providing its Level 4 self-driving technology platform. Uber contributes its ride-hailing infrastructure, managing reservations, payment processing, and rider support through its established mobility network. Regional fleet operators oversee daily vehicle operations and maintenance.

Level 4 autonomous capability enables vehicles to perform all driving functions within specified operational areas without requiring human intervention. This technology forms the foundation of Pony.ai’s international expansion efforts.

Pony.ai maintains its corporate registration in the Cayman Islands while trading on the Hong Kong Stock Exchange. The firm specializes in autonomous taxi services and has been actively pursuing opportunities outside its Chinese home market.

Current analyst consensus on Pony.ai shares stands at Buy, with analysts setting a target price of HK$148.00. The company’s market capitalization currently stands at HK$29.17 billion.

From a technical analysis perspective, the stock receives a Strong Sell rating based on recent market indicators.

Middle Eastern Markets in Expansion Roadmap

While the partnership agreement encompasses Middle Eastern territories, neither company has disclosed which cities or countries will be included in this phase.

By integrating with Uber’s platform, Pony.ai gains immediate access to millions of potential customers without investing in proprietary consumer software development. This approach streamlines market entry and reduces operational complexity.

The partnership’s reliance on regional fleet operators further minimizes Pony.ai’s capital requirements by avoiding direct vehicle ownership and fleet management responsibilities.

Pony.ai has issued standard cautionary guidance to shareholders regarding share trading, a typical disclosure accompanying significant corporate announcements.

Company leadership views this broadened partnership as instrumental to its international expansion objectives, emphasizing large-scale, region-specific fleet operations.

Currently, the Zagreb deployment represents the sole active commercial robotaxi service operating under the Pony.ai-Uber partnership, with European and Middle Eastern launches pending.

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