Reported 23 days ago
Uber is negotiating with banks and private equity firms to finance its robotaxi business, as CEO Dara Khosrowshahi emphasizes a planned rollout of the technology in partnership with automakers like Volkswagen and Lucid. The company aims to increase profitability by integrating various robotaxi business models and intends to use a portion of its annual cash flows for deployment while exploring minority stake sales. Despite regulatory scrutiny, Uber continues to expand its robotaxi offerings, competing alongside Tesla and Waymo.
Source: YAHOO