Toyota has been named one of five original equipment manufacturers participating in Uber’s upcoming Level 4 robotaxi program, expected to launch in 28 global cities by 2028. This inclusion positions Toyota to supply advanced autonomous vehicles to Uber’s fleet, potentially opening a new revenue stream in the mobility services sector.

The program leverages Nvidia’s DRIVE Hyperion hardware platform and its Alpamayo AI model, enabling initial operations with safety drivers in Los Angeles and San Francisco in the first half of 2027 before transitioning to full autonomy. Toyota’s involvement signals its commitment to next-generation mobility solutions and partnerships beyond its traditional manufacturing channels.

Following this announcement and Toyota’s recent guidance raises, Wall Street analysts have maintained bullish ratings on Toyota, highlighting raised earnings estimates and resilience despite ongoing geopolitical headwinds. Analysts note that autonomous vehicle partnerships and guidance revisions could support multiple expansion and improved investor sentiment.