Overview
- Waymo reported more than 1 million fully driverless rides each month since spring, logged 14 million trips in 2025, and plans to reach 1 million rides per week by late 2026 with expansion to about 20 new cities including Tokyo and London.
- Uber shares fell about 5.6% on Wednesday to roughly $83, after Morgan Stanley reduced its price target to $110 while keeping an Overweight rating.
- Uber discontinued monthly bonuses for drivers using electric vehicles, and Bloomberg reporting indicates the company is likely to miss its 2030 goal of 100% EV adoption in North America and Europe.
- Regulatory and public pushback intensified as about 1,500 taxi drivers blocked central Barcelona, with additional pressure from calls to ban Uber in England’s Cotswolds and potential new rules under consideration in Halifax, Canada.
- Uber highlighted countermeasures through autonomy and delivery pilots, partnering with Avride on a Dallas robotaxi zone and with Starship Technologies for sidewalk delivery robots launching in Leeds in December 2025.