By Reuters Staff 1 Min Read FILE PHOTO: The Uber logo is displayed on a mobile phone in this picture illustration taken November 25, 2019. REUTERS/Hannah McKay/Illustration (Reuters) – Uber Technologies Inc’s self-driving unit is looking to partner with other companies working on autonomous driving, the company’s chief executive officer said on Wednesday. “Our view… Continue reading Uber looks to partner with other self-driving companies: CEO
Tag: Uber
The electric car industry now has its own lobbying group
Tesla, Uber, Rivian, Lucid Motors, and others have joined forces to create a new lobbying group for electric vehicles on Capitol Hill. The group, which is called the Zero Emission Transportation Association (ZETA), says its mission is that 100 percent of new car sales are electric by 2030. Some states are already moving in that… Continue reading The electric car industry now has its own lobbying group
German Manager Magazin: Electric scooter: Bolt wants to overtake Tier Mobility and Uber with 100 million euros000326
The from Daimler-Group-supported mobility provider Bolt announces an electric scooter offensive. The start-up from Estonia will invest more than 100 million euros in 2021 to become the largest e-scooter rental company in Europe. The rival of Uber and the Berlin start-up Tier Mobility said it wanted to bring 130,000 scooters to more than 100 cities… Continue reading German Manager Magazin: Electric scooter: Bolt wants to overtake Tier Mobility and Uber with 100 million euros000326
Top Automotive Industry News for Week of November 2 – November 8, 2020
Here is the most important news associated with the automotive industry identified by the AEA for the week of November 2, 2020 – November 8, 2020. We hope it helps you stay up to speed on the key developments in our industry: -Automotive Executives Association (AEA) News- The AEA is excited to open our unique… Continue reading Top Automotive Industry News for Week of November 2 – November 8, 2020
Uber reportedly may sell its self-driving car division to rival Aurora
Uber is in talks to sell its autonomous vehicle unit to startup competitor Aurora Innovation, TechCrunch reported. If it comes to pass, the sale of Uber Advanced Technologies Group (UberATG), would mark the end of a bumpy road for a division of Uber that was valued at $7.25 billion as recently as last July, but… Continue reading Uber reportedly may sell its self-driving car division to rival Aurora
Uber is reportedly in talks to sell its self-driving vehicle division to a startup run by former Uber, Tesla, and Google executives and backed by Amazon (UBER)
Uber is in talks to sell its self-driving vehicle division, ATG, to autonomous vehicle startup Aurora, TechCrunch reported Friday. ATG has been hobbled by a deadly crash, infighting, and unreliable tech — leading investors to lose patience and sparking rumors the company would try to offload the struggling unit. Despite a previous $7.25 billion valuation,… Continue reading Uber is reportedly in talks to sell its self-driving vehicle division to a startup run by former Uber, Tesla, and Google executives and backed by Amazon (UBER)
Uber in talks to sell ATG self-driving unit to Aurora
Eighteen months ago, Uber’s self-driving car unit, Uber Advanced Technologies Group, was valued at $7.25 billion following a $1 billion investment from Toyota, DENSO and Softbank’s Vision Fund. Now, it’s up for sale and a competing autonomous vehicle technology startup is in talks with Uber to buy it, according to three sources familiar with the… Continue reading Uber in talks to sell ATG self-driving unit to Aurora
DoorDash files to go public
After filing earlier this year, DoorDash dropped its public S-1 filing this morning, bringing clarity to its numbers and moving it closer to a public debut that should happen before the end of the year. The company is one of several startups that we expect to see IPOs from before the year ends, despite some… Continue reading DoorDash files to go public
DoorDash files for IPO and hints at driverless future
Food delivery platform DoorDash filed its widely anticipated IPO with the Securities and Exchange Commission on Friday, and plans to take the company public early next month. The company’s revenue soared in 2020 and it briefly showed a profit, as restaurants closed to in-person dining due to the pandemic, and relied on delivery services. DoorDash… Continue reading DoorDash files for IPO and hints at driverless future
Uber-rival Bolt to invest over 100 million euros in European e-scooter market
By Tarmo Virki 2 Min Read TALLINN (Reuters) – Estonia-based ride-hailing service Bolt said on Thursday it would invest over 100 million euros ($118 million) in 2021 to become the largest e-scooter rental firm in Europe, at a time when cab services have been severely hit by the COVID-19 pandemic. The Uber Inc rival said… Continue reading Uber-rival Bolt to invest over 100 million euros in European e-scooter market