Overview
- Financial Times reported Wednesday that Uber has committed more than $10 billion to buy autonomous vehicles and take stakes in their makers.
- FT’s breakdown points to over $2.5 billion in equity investments and more than $7.5 billion for fleets, with funding tied to partners hitting deployment goals.
- Uber aims to launch robotaxi services in at least 28 cities by 2028 and wants to act as the platform linking riders to multiple providers.
- Partners cited in the reports include Baidu, Rivian, and Lucid, though Reuters said it could not immediately verify the figures and Uber did not comment.
- The push follows Uber’s 2020 sale of its in‑house self‑driving unit to Aurora and comes as rivals like Waymo expand paid robotaxi services in U.S. cities.