Use avs video converter to offset sound5/11/2023 ![]() ![]() ![]() "Rather than building AVs ourselves, we've decided to bring AV developers fleets onto our network," Noah Zych, global head of autonomous mobility and delivery at Uber, told TechCrunch. Now, Uber seems to be attempting to avoid the costs of designing and training self-driving cars while still enjoying the benefits of them to its bottom line - and without the added risk to its share price.Īs part of the partnership, Uber will use its reams of data to share insights on how to allocate and position Motional's vehicles to hail the most rides and reduce vehicle downtime and unnecessary miles traveled. The agreement gave Uber a 26% stake in Aurora, which has since dragged down the ride-hailing company's balance sheet. Uber sold the unit off to Aurora in 2020 as part of a complex deal that included handing over its equity in ATG and investing $400 million into the AV tech startup. The company started its own self-driving unit, Uber ATG, in 2015, but found it to not only be a money pit, but also a brand hazard after one of Uber's test AVs (with a human operator behind the wheel) hit and killed a pedestrian. Automated driving technology has for a long time been a part of Uber's end game. ![]()
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