Business
Uber sells self-driving car unit to rival Aurora – Sydney Morning Herald
Uber is selling off its autonomous vehicles development arm to Aurora as the ride-hailing company slims down after its revenues were pummelled by the coronavirus…
Our first product will be in trucking and freight, but we look forward to taking this great team that we have and accelerating that while continuing working on light vehicles and ride-haling, and we’ll ultimately see our vehicles deploying on the Uber network, Urmson said.
Uber will not have exclusive rights as a ride-hailing company to Aurora’s technology, but the two companies will have a preferred relationship, Urmson said.
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