Motional Launches First Uber Robotaxi Service In Las Vegas [Forbes]
Uber Technologies, Inc. (UBER)
Last uber technologies, inc. earnings: 2/6 04:05 pm
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Source: Forbes
Motional has begun operating its Hyundai Ioniq 5 robotaxis with Uber in Las VegasBack in 2016, former Uber CEO Travis Kalanick called automated vehicles an existential threat to his ride-hailing business. He went on to burn several billion dollars trying to get an Uber robotaxi on the road by 2018. By 2020, Kalanick had been ousted as CEO and the Advanced Technology Group was unloaded on Aurora Innovation along with a check for another $400 million without producing a robotaxi. Now, for the first time, Uber users in Las Vegas can hail a robotaxi thanks to Motional.Motional is the joint venture of Hyundai and automotive supplier Aptiv. Recently, Uber and Motional announced a ten year deal to deploy Motional robotaxis on the Uber platform and Las Vegas is the first fruit of that partnership. Just as Lyft customers in Las Vegas have been able to do since 2018, Uber users now have the option in the app to hail an automated vehicle if one is available nearby.Unlike the BMW 5 series sedans
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