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Uber and Cruise to Deploy Autonomous Vehicles on the Uber Platform

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Uber Technologies, Inc. (NYSE: UBER) and Cruise have announced a multiyear strategic partnership to integrate Cruise's autonomous vehicles into the Uber platform. The collaboration is set to launch next year, initially featuring a dedicated fleet of Chevy Bolt-based autonomous vehicles. When Uber riders request qualifying trips, they may have the option to be transported by a Cruise autonomous vehicle.

This partnership aims to expand the accessibility of autonomous driving technology, potentially enhancing urban mobility and safety. Uber CEO Dara Khosrowshahi emphasized the company's role in introducing autonomous technology globally, while Cruise CEO Marc Whitten highlighted their mission to create safer streets and redefine urban life through driverless technology.

Uber Technologies, Inc. (NYSE: UBER) e Cruise hanno annunciato una partnership strategica pluriennale per integrare i veicoli autonomi di Cruise nella piattaforma di Uber. La collaborazione dovrebbe essere lanciata l'anno prossimo, presentando inizialmente una flotta dedicata di veicoli autonomi basati sulla Chevrolet Bolt. Quando gli utenti di Uber richiedono corse idonee, potrebbero avere la possibilità di essere trasportati da un veicolo autonomo Cruise.

Questa partnership mira a espandere l'accessibilità della tecnologia di guida autonoma, con l'obiettivo di migliorare la mobilità e la sicurezza urbana. Il CEO di Uber, Dara Khosrowshahi, ha sottolineato il ruolo dell'azienda nell'introdurre la tecnologia autonoma a livello globale, mentre il CEO di Cruise, Marc Whitten, ha evidenziato la loro missione di creare strade più sicure e ridefinire la vita urbana attraverso la tecnologia senza conducente.

Uber Technologies, Inc. (NYSE: UBER) y Cruise han anunciado una asociación estratégica a largo plazo para integrar los vehículos autónomos de Cruise en la plataforma de Uber. La colaboración se lanzará el próximo año, con una flota dedicada de vehículos autónomos basados en Chevy Bolt. Cuando los usuarios de Uber soliciten viajes válidos, podrían tener la opción de ser transportados por un vehículo autónomo de Cruise.

Esta asociación tiene como objetivo ampliar la accesibilidad de la tecnología de conducción autónoma, potencialmente mejorando la movilidad y la seguridad urbana. El CEO de Uber, Dara Khosrowshahi, enfatizó el papel de la empresa en la introducción de la tecnología autónoma a nivel global, mientras que el CEO de Cruise, Marc Whitten, destacó su misión de crear calles más seguras y redefinir la vida urbana a través de la tecnología sin conductor.

우버 테크놀로지스, Inc. (NYSE: UBER)와 크루즈는 크루즈의 자율주행차를 우버 플랫폼에 통합하기 위한 다년간의 전략적 파트너십을 발표했습니다. 이 협력은 내년 시작될 예정이며, 처음에는 카 쉐비 볼트를 기반으로 한 전용 자율주행차 플릿이 등장할 것입니다. 우버 라이더가 적격 여행을 요청하면, 크루즈 자율주행차에 의해 운송받을 수 있는 옵션이 제공될 수 있습니다.

이번 파트너십은 자율주행 기술의 접근성을 확대하는 것을 목표로 하며, 도시 이동성과 안전성을 강화할 가능성이 있습니다. 우버 CEO 다라 코스로샤히는 자율주행 기술을 전 세계적으로 도입하는 데 있어 회사의 역할을 강조했으며, 크루즈 CEO 마크 휘튼은 운전자가 없는 기술을 통해 안전한 거리를 만들고 도시 생활을 재정의하려는 미션을 강조했습니다.

Uber Technologies, Inc. (NYSE: UBER) et Cruise ont annoncé un partenariat stratégique pluriannuel visant à intégrer les véhicules autonomes de Cruise dans la plateforme Uber. La collaboration devrait être lancée l'année prochaine, avec une flotte dédiée de véhicules autonomes basés sur la Chevy Bolt. Lorsque les usagers d'Uber demanderont des trajets éligibles, ils pourraient avoir la possibilité d'être transportés par un véhicule autonome de Cruise.

Ce partenariat a pour objectif d'élargir l'accès à la technologie de conduite autonome, ce qui pourrait améliorer la mobilité et la sécurité en milieu urbain. Le PDG d'Uber, Dara Khosrowshahi, a souligné le rôle de l'entreprise dans l'introduction de la technologie autonome au niveau mondial, tandis que le PDG de Cruise, Marc Whitten, a mis en avant leur mission de créer des rues plus sûres et de redéfinir la vie urbaine grâce à la technologie sans conducteur.

Uber Technologies, Inc. (NYSE: UBER) und Cruise haben eine mehrjährige strategische Partnerschaft angekündigt, um die autonomen Fahrzeuge von Cruise in die Uber-Plattform zu integrieren. Die Zusammenarbeit soll nächstes Jahr starten, zunächst mit einer speziellen Flotte von auf Chevy Bolt basierenden autonomen Fahrzeugen. Wenn Uber-Nutzer qualifizierte Fahrten anfordern, haben sie möglicherweise die Möglichkeit, von einem autonomen Fahrzeug von Cruise transportiert zu werden.

Diese Partnerschaft zielt darauf ab, die Zugänglichkeit der autonomen Fahrtechnologie zu erweitern, was potenziell die urbane Mobilität und Sicherheit verbessert. Uber-CEO Dara Khosrowshahi betonte die Rolle des Unternehmens bei der globalen Einführung autonomer Technologien, während der CEO von Cruise, Marc Whitten, die Mission hervorhob, sicherere Straßen zu schaffen und das städtische Leben durch fahrerlose Technologie neu zu definieren.

Positive
  • Strategic partnership with Cruise to integrate autonomous vehicles into Uber's platform
  • Potential for increased ride options and improved urban mobility for Uber users
  • Expansion into the autonomous vehicle market, potentially driving future growth
Negative
  • None.

This partnership between Uber and Cruise marks a significant milestone in the evolution of ride-hailing services. By integrating Cruise's autonomous vehicles into Uber's platform, we're witnessing a convergence of two cutting-edge technologies that could reshape urban transportation. The initial deployment of Chevy Bolt-based autonomous vehicles suggests a cautious, phased approach to implementation.

From a technical standpoint, this collaboration presents intriguing challenges. Integrating Cruise's autonomous systems with Uber's ride-matching algorithms will require sophisticated API integrations and real-time data processing. The success of this venture hinges on seamless communication between the two platforms, ensuring safety and efficiency. Moreover, the user experience design for requesting an autonomous ride will be important for adoption.

While promising, this partnership also raises questions about scalability and regulatory compliance across different cities. The tech community will be watching closely to see how these companies navigate the complex landscape of autonomous vehicle regulations and public acceptance.

This strategic partnership has the potential to significantly impact the ride-hailing market. By offering autonomous vehicle options, Uber could differentiate itself from competitors and potentially reduce operational costs in the long term. However, initial implementation may be and widespread adoption will depend on consumer acceptance and regulatory approvals.

The collaboration could also accelerate the commercialization of autonomous vehicle technology, potentially disrupting traditional auto manufacturers and ride-hailing services. We might see increased investment in this sector and more partnerships between tech companies and automakers.

From a market perspective, this move positions Uber at the forefront of integrating autonomous technology into mainstream transportation services. It could lead to increased market share and improved profit margins for Uber in the long run, assuming successful implementation and scaling of the service. The partnership also provides Cruise with a massive platform to deploy and refine its technology, potentially accelerating its growth and market position in the autonomous vehicle space.

This partnership has significant financial implications for both Uber and Cruise. For Uber, integrating autonomous vehicles could lead to long-term cost reductions by eliminating driver expenses, which currently account for a substantial portion of ride costs. However, initial implementation may require significant investment in technology integration and marketing.

Cruise, as a subsidiary of General Motors, stands to benefit from increased exposure and revenue streams through this high-profile partnership. The deal could accelerate Cruise's path to profitability and validate its technology on a large scale.

Investors should note that while this partnership holds promise, it's unlikely to have an immediate impact on either company's financials. The gradual rollout and regulatory hurdles mean that material financial benefits may take years to materialize. Additionally, the costs associated with autonomous vehicle technology remain high, so short-term profitability improvements may be

Overall, this partnership represents a strategic long-term investment for both companies, with the potential for significant returns if successfully executed and scaled.

SAN FRANCISCO--(BUSINESS WIRE)-- Uber Technologies, Inc. (NYSE: UBER) and Cruise, two companies revolutionizing transportation, today announced a multiyear strategic partnership to bring Cruise autonomous vehicles to the Uber platform.

Uber and Cruise to deploy autonomous vehicles on the Uber platform (Graphic: Business Wire)

Uber and Cruise to deploy autonomous vehicles on the Uber platform (Graphic: Business Wire)

The companies plan to launch the partnership next year with a dedicated number of Chevy Bolt-based autonomous vehicles. Once launched, when an Uber rider requests a qualifying ride on the Uber app, they may be presented with the option to have that trip fulfilled by a Cruise autonomous vehicle.

“Cruise is on a mission to leverage driverless technology to create safer streets and redefine urban life," said Marc Whitten, CEO of Cruise. "We are excited to partner with Uber to bring the benefits of safe, reliable, autonomous driving to even more people, unlocking a new era of urban mobility."

“As the largest mobility and delivery platform, we believe Uber can play an important role in helping to safely and reliably introduce autonomous technology to consumers and cities around the world,” said Dara Khosrowshahi, Uber CEO. “We’re thrilled to partner with Cruise and look forward to launching next year.”

For more information on Uber, visit uber.com/newsroom, and for more information on Cruise, please visit getcruise.com.

About Uber

Uber’s mission is to create opportunity through movement. We started in 2010 to solve a simple problem: how do you get access to a ride at the touch of a button? More than 52 billion trips later, we’re building products to get people closer to where they want to be. By changing how people, food, and things move through cities, Uber is a platform that opens up the world to new possibilities.

About Cruise

In service of its vision for safer roadways, Cruise’s aspiration is to build the world’s most advanced self-driving vehicles to safely connect people with the places, things, and experiences they care about.

As of June 2024, Cruise has resumed supervised autonomous driving in Phoenix, AZ, Houston and Dallas, TX, in addition to its ongoing testing in Dubai. Majority owned by General Motors since 2016, Cruise combines a culture of innovative technology and safety with a history of manufacturing and automotive excellence. Cruise has received funding from other leading companies and investors—including Honda, Microsoft, T. Rowe Price, and Walmart.

Uber

press@uber.com

Cruise

media@getcruise.com

Source: Uber Technologies, Inc.

FAQ

When will Uber start offering rides in Cruise autonomous vehicles?

Uber plans to launch the partnership with Cruise and start offering rides in autonomous vehicles next year.

What type of autonomous vehicles will be used in Uber's partnership with Cruise?

The partnership will initially use a dedicated number of Chevy Bolt-based autonomous vehicles from Cruise.

How will Uber (UBER) users request a ride in a Cruise autonomous vehicle?

When an Uber rider requests a qualifying ride on the Uber app, they may be presented with the option to have their trip fulfilled by a Cruise autonomous vehicle.

What is the goal of Uber's (UBER) partnership with Cruise for autonomous vehicles?

The partnership aims to safely and reliably introduce autonomous technology to consumers and cities worldwide, potentially enhancing urban mobility and safety.

Uber Technologies, Inc.

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