Uber to Invest $10B in AVs over the Coming Years

Dow Jones
08/05

0953 ET - Uber plans to spend about $10 billion over the coming years to support its autonomous vehicle ambitions. "AVs represent a very important future for mobility," CEO Dara Khosrowshahi says on CNBC. "We are partnering with the entire ecosystem," he adds. Uber has partnerships with over 30 AV companies spanning software, technology and vehicles. The company will operate AVs in 15 markets across the world by the end of the year and continues to invest in the space, Khosrowshahi says.

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