Uber Forges EV Food Delivery Partnership With Nuro

  • Uber Technologies, Inc UBER forged a multi-year partnership with leading autonomous vehicle company, Nuro to use the latter's autonomous, electric vehicles for food deliveries in the U.S.
  • Uber Eats consumers can order meals and goods delivered by Nuro's zero-occupant autonomous delivery vehicles specifically built to carry food and other goods. 
  • The partnership will kick off with deliveries in Houston, TX, and Mountain View, CA, this fall. 
  • Also Read: Surging Gas Prices Make Tesla An Attractive Option For Some Uber, Lyft Drivers - Read How
  • Uber and Nuro plan to expand the service to the greater Bay Area.
  • The partnership highlights the rapidly growing potential for last-mile autonomous delivery of meals, groceries, and other goods.
  • Uber aims to have only electric vehicles on its platform in the U.S., Canada, and Europe by 2030.
  • Uber has been running tests for autonomous delivery with Serve Robotics, which provides sidewalk machines for delivery, and self-driving start-up Motional.
  • Uber became a free cash flow generator in Q2. 
  • Price Action: UBER shares traded higher by 0.87% at $30.30 on the last check Thursday.
  • Photo via Wikimedia Commons
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsTechBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!